San Antonio: more homes bought, being builtSan Antonio: more homes bought, being builthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=27602014-10-20T06:57:00Z2014-10-17T00:00:00Z

SAN ANTONIO - Single-home sales and construction continued on their climb last month, according to San Antonio Board of Realtors (SABOR). “Consumer confidence is very prevalent right now,” SABOR President and CEO Angela Shields said.

In September, 2,280 single-family homes were sold, a 13.7 percent jump compared with September 2013, when 2,005 homes were sold. The September figure is lower than August, when 2,468 homes were sold.

The median home price jumped 9.4 percent from $168,800 in September 2013 to $184,700 last month.

SABOR's research also showed that in September more homes in the $200,000 to $500,000 range were sold, accounting for 39.4 percent of total sales, or 5.4 percent more than in September 2013.

Houses priced at less than $200,000 made up 56.1 percent of total sales last month — a 6 percent decrease from September 2013.

The average number of days that houses sold in September sat on the market was 63, six fewer than September 2013.

San Antonio Express-News
San Antonio-New Braunfels
http://www.expressnews.com/real-estate/article/More-homes-bought-being-built-5825682.php#/0Read more at {Source}

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