I’m sharing the latest San Antonio market stats, which are incredible!
We’ve had a fantastic 14% increase in sales from last June to this June. This year has been better than 2019, with a 3.4% increase in total sales, despite the pandemic. The driving factor has been the low interest rates, and we currently have a low inventory of homes available. In a year when we’ve had so many challenges, this is refreshing news. We’ve had a 3% increase in the average sales price, which is now around $292,000, and days on market has been fairly flat at about 64 days.
We’ve also been seeing many more virtual showings, and paying attention to what’s happening with the health crisis. Here at the Tom White Group, we have the option to work from home, and we’re doing a ton of remote calls through Zoom. However, when possible, we’re getting into houses physically while using protective measures.
Best wishes to you and your family; we’re thinking of you during this strange time.
If you have any questions about our current market or real estate in general, give us a shout via phone or email. We’re here for you.