SA home sales, prices rise as supply tightensSA home sales, prices rise as supply tightenshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=253272020-12-17T06:00:00Z2020-12-17T20:00:00Z

​​​SAN ANTONIO – Home sales in the metro rose for the sixth consecutive month, acc​​ording to the San Antoni​o Board of Realtors. 

Last month, 3,125 homes were sold, a 26.7 percent year-over-year increase. 

The median price rose 13.1 percent to $260,900. 

Houses spent an average of 49 days on the market, down 11 days from last year. Active listings also fell 39 percent. 

Inventory dropped to two months. The Real Estate Center considers six to 6.5 months of inventory a balanced market. 

texaslogo.pngThe Real Estate Center has more information on housing:​
San Antonio Express-News
San Antonio-New Braunfels
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