San Antonio housing market still going strongSan Antonio housing market still going stronghttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=24102014-11-20T10:08:00Z2014-11-20T00:00:00Z

SAN ANTONIO - The housing market isn’t slowing down — sales registered double-digit gains despite rising prices last month, according to data compiled by the San Antonio Board of Realtors.

In October, year-over-year, home sales climbed 16 percent — 1,863 homes sold in 2013 compared to 2,164 in 2014. The numbers have climbed every month from the previous year since February 2012.

The single-family home inventory dropped to 4.1 months of supply. Days on market also fell — dropping 11 percent to 62 days.

Among the current stock, more mid-range priced homes, $200,000 to $250,000, have been sold — amounting to 14.5 percent of all sales — than any other price range, according to SABOR numbers.

Second on the list are homes ranging from $300,000 to $400,000 — which made up 10.4 percent of sales.

Also see San Antonio area home sales Oct. 2014 SABOR.

San Antonio Express-News
San Antonio-New Braunfels
http://www.expressnews.com/real-estate/article/San-Antonio-housing-market-still-going-strong-5899695.phpRead more at {Source}

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