• DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Privacy Policy
  • Terms and Conditions
  • Contact us
Truth social
San Antonio Chronicles
No Result
View All Result
  • Home
  • Entertainment
  • Sports
  • Lifestyle
  • Education
  • Food and Drinks
  • Things to do
  • Home
  • Entertainment
  • Sports
  • Lifestyle
  • Education
  • Food and Drinks
  • Things to do
No Result
View All Result
San Antonio Chronicles
No Result
View All Result

San Antonio’s housing market obtained higher for consumers in July

August 25, 2025
in Education
0 0
0
Home Education
Share on FacebookShare on Twitter


San Antonio’s housing market obtained extra buyer-friendly in July.

Homes are staying available on the market for longer intervals of time and alter in dwelling costs is lagging behind different cities, in keeping with reviews from the San Antonio Board of Realtors, or SABOR, and Houses.com.

These aren’t new traits — gross sales had been slowing down in March — however sluggish gross sales and better dwelling provide may now be benefiting consumers if it offers them decrease costs and extra leverage.

That creates a housing market the place consumers have extra choices, SABOR Chair Ed Zapata defined.

“Patrons do have extra alternative on the market,” Zapata mentioned, including that consumers may very well be extra aggressive about sale costs, move-in dates and different requests when in search of new houses.

Sellers might need to be inventive, he mentioned, and take cautious seems on the different homes available in the market to determine how finest to promote their dwelling.

Residence costs in San Antonio remained extra reasonably priced than different American cities. SABOR confirmed the median dwelling value at $330,000 whereas Houses.com confirmed a median dwelling value round $303,000.

Danny Khalil, an affiliate director of market analytics for the CoStar group, which owns Houses.com, mentioned the 2 teams use barely totally different knowledge units, however the median value was nonetheless in the identical vary.

Texas dwelling costs dropping?

Khalil added that the median dwelling value in San Antonio proper now could be round 5% decrease than in July 2024. That share in worth was one of many lowest within the nation, in keeping with Houses.com’s knowledge, however tracks with different cities in Texas.

Houston, Dallas-Fort Price and Austin additionally noticed damaging modifications in dwelling worth between July 2024 and immediately.

Zapata mentioned SABOR didn’t see the identical lower in dwelling value, however there was a rise in energetic listings — there are round 22% extra houses available on the market than there have been final yr.

“That enhance is because of houses staying a bit longer available on the market,” he mentioned.

Zapata mentioned houses are available on the market for a median of seven months proper now in San Antonio. In a balanced market, he added, houses could be available on the market for about 6 months. 

Whereas Zapata and Khalil are seeing barely totally different numbers, they’re nonetheless pointing to the identical story: a buyer-friendly market.

“Reductions in value imply that sellers are shedding negotiating energy, or at the very least turning into much less affected person,” Khalil mentioned.

Whereas consumers have extra energy, Zapata and Khalil agree sellers haven’t wanted to promote. They each mentioned that this market shift towards consumers isn’t an indication of a bubble or recession.

That’s partly as a result of many sellers nonetheless have favorable mortgage charges from a post-pandemic housing market, when the price of borrowing cash to purchase a house was low.

“Many sellers are ‘locked in’ with charges within the 3% to 4% vary, and even decrease, on their loans. Which means the typical house owner immediately has a way more manageable month-to-month mortgage fee than the typical individual had, say, simply after the Nice Recession,” Khalil mentioned.

Sellers have been prepared to carry onto their houses for longer intervals as a result of they’ve these manageable month-to-month funds, he defined. July’s market shift may very well be an indication of change, Khalil added, if sellers are getting impatient and dropping costs. 

Zapata identified that traits weren’t constant throughout all components of San Antonio’s housing market.

Although costs fell as an entire, gross sales and worth for dearer houses — these over $500,000 — had been nonetheless robust. Since 2019, the share of San Antonio houses valued over $500,000 has grown from 7% to twenty%.

Residence costs additionally differ between areas: Houses.com’s knowledge confirmed that costs grew between 2024 and 2025 in among the highest-growth neighborhoods on San Antonio’s northern and western edges.



Source link

Tags: AntoniosbuyershousingJulyMarketSan
Previous Post

David Jones-Garcia throws punch in brawl between the Dominican Republic and Argentina

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

San Antonio, TX
12°
Clear
6:50 am5:45 pm CST
Feels like: 12°C
Wind: 5km/h NW
Humidity: 81%
Pressure: 1012.19mbar
UV index: 0
ThuFriSat
26°C / 22°C
27°C / 16°C
24°C / 15°C
powered by Weather Atlas
San Antonio Chronicles

Browse the Latest San Antonio News and Updates on SanAntoniChronicles.com Lifestyle, Food and Recipe, Sports, Entertainment and more.

Browse by Category

  • Education
  • Entertainment
  • Food and Drinks
  • Lifestyle
  • News
  • Sports
  • Things to do
  • Uncategorized
No Result
View All Result

Recent News

  • San Antonio’s housing market obtained higher for consumers in July
  • David Jones-Garcia throws punch in brawl between the Dominican Republic and Argentina
  • Danny Inexperienced reveals the 2013 Finals second that modified Pop’s philosophy
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 San Antonio Chronicles.
San Antonio Chronicles is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Entertainment
  • Sports
  • Lifestyle
  • Education
  • Food and Drinks
  • Things to do

Copyright © 2023 San Antonio Chronicles.
San Antonio Chronicles is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In