SAN ANTONIO, TX — San Antonio housing market becomes slightly more competitive post covid as home sales in April increase by 27% year-over-year with far fewer listings on the market. 3,483 homes were sold in the San Antonio area, as inventory decreased by 2.0 months to 1.3 months. Active listings are down 54% to 4,333, and the median home price is up 15% to $277,000.
“Spring home sales are paving the way for positive trends and exponential growth for the summer months ahead,” said Cher Miculka, SABOR’s 2021 Chairman of the Board. “Across all of Texas, we are seeing soaring home sales as the population of cities expand.”
In April, new listings increased by 15% to 4,092 listings, spending an average of 36 days on the market, 25 days less than last year. Pending sales showed a double-digit increase of 27% to 3,622.
The fast-paced market across the Central Texas area shows no signs of slowing down. Buyers, Seek guidance from a professional REALTOR® that can help you win in multiple offer situations. Homeowners, if you are considering selling, start preparing your home and find out what it’s worth in today’s market. Working with a trusted REALTOR® will help you get the best deal on your transaction.
These statistics are for single-family homes, condos, and townhomes across the San Antonio Metropolitan Statistical Area (MSA). If you would like similar statistics for a specific area, property type, or price range, please contact us and tell us how we can help. Use our new market snapshot tool for a comprehensive analysis of your home’s value in today’s market, or call us for an analysis of comparable homes sold.
Don’t hesitate to list your home. Realty San Antonio has partnered with Homeward to Offer a Cash Bridge program so homeowners can make a competitive cash offer on their next home, move on their timeline, and sell their current home for top dollar.
Get a comprehensive analysis of your home’s value in today’s market using Realty San Antonio’s new Market Snapshot tool.