San Antonio’s housing market posts strong 2014

SAN ANTONIO – Home sales rose 16 percent during December, compared with the same month in 2013, as local homebuyers balanced house hunting and gift shopping during the holiday season.

The San Antonio Board of Realtors’ December multiple listing report showed that 2,083 homes were sold in San Antonio last month, up from 1,800 homes in December 2013.

The number of homes sold in December 2014 was also higher than in November, when agents sold 1,694 homes.

The average time a home spent on the market remained low at 70 days. Housing inventory also dropped from 3.9 months in November to 3.5 months in December.

A few key figures from 2014 include:

•  total 2014 sales from January to December: 24,735 homes

•  average price of a home sold in 2014: $218,762

tag: housing data, housing news