Today I have your latest market stats for San Antonio.
We had a record-breaking year in 2019. Many people wanted to move to our city, and that propelled our growth.
We had 34,000 new home sales, which was up 7%. Our average sales price increased by 4%, and our median sales price increased by 4% as well. Homes between $200,000 and $500,000 are about 59.5% of the market. There was a 6.3% increase in luxury homes, which is a large boost.
We currently have low inventory, and the market is very strong. We also have low interest rates right now, so it’s a wonderful time to buy and a great time to sell because many people are looking for homes.
If you have any questions about our market or real estate in general, please send me an email or call me. I would love to help you.