Hot housing submarket trio to watch
SAN ANTONIO – San Antonio’s housing market has been on steady path upward over the past couple of years, a handful of submarkets have emerged as leaders to the rest and they are all over the map.
Real estate brokerage and data firm, Redfin, has deemed Lavaca, Sonoma Ranch and Mahncke Park to be 2017’s hottest submarkets to watch.
The firm puts together lists for areas it predicted would become increasingly popular throughout the year.
According to Redfin’s local real estate agent, Melanie Salas, Lavaca has always been a go-to neighborhood that is quiet and quaint and also really close to downtown.
Lately the city has been popular with all of the transplants moving from Washington D.C., New York and other big cities.
The median price for a home in the area is approximately $282,500.
Piggybacking on the massive amounts of new development and employment growth, Sonoma Ranch—located in the greater Helotes area—fell in second place on Redfin’s 2017 list.
The median price for a home in Sonoma Ranch is more than $353,000.
Mahncke Park lands back in the city’s urban area and has become a leading choice for homebuyers that want easy access to the amenities at Pearl and along the lower Broadway corridor.
The median price for a home in the area is nearly $344,000.
In This Article
You might also like
Publications
Receive our economic and housing reports and newsletters for free.