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SAN ANTONIO – Local home sales and median sales prices started the year off strong.
In January, home sales increased 16 percent year over year to 2,078.
The median sales price increased 6 percent to $229,400.
Inventory stood at 3.3 months. The Real Estate Center considers six to 6.5 months of inventory a balanced market.
Last year was a record stretch for the market, with 34,430 homes sold in the area, a 7 percent uptick over 2018, according to the San Antonio Board of Realtors. Sales increased every month except June.
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