San Antonio home sales and prices buck the Texas trendSan Antonio home sales and prices buck the Texas trendhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112122015-11-19T06:00:00Z2015-11-19T21:00:00Z

​​SAN ANTONIO - As the Texas real estate market heads into its usual hibernation period, San Antonio home sale activity and prices continue to climb.

Last month, the average price of a home in the city jumped an additional 10 percent compared to the same month last year, even as the rest of the state begins to slow down.

​Total sales reported a 5 percent annual increase with more than 2,250 homes sold in October 2015, according to the San Antonio Board of Realtors' latest multiple listing service report. 

​And as the residential market holds onto its buzz, average prices for those homes continue to trend upward.

Last month, homes sold for an average $231,116, a serious boost from the $209,947 average posted for the same period in 2014 and the $205,484 in 2013.

Across the state, sales dipped by 0.7 percent, but countered with a 4.4 percent rise in average prices.

While a majority of homes sold are still priced at less than $200,000 — 54.8 percent, to be exact — a growing portion of sales are creeping into the higher valued brackets. More than 40 percent were priced from $200,000 to $500,000; that percentage has spent the year climbing up from the 37.3 percent in January 2015.
San Antonio Business Journal
San Antonio-New Braunfels

​Also ​see 'housing' under San Antonio Market Research for data.

Read more at the {Source}

 Search NewsTalk Texas