Homes selling faster than pancakes in San Antonio areaHomes selling faster than pancakes in San Antonio areahttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=41492014-05-21T08:53:00Z2014-05-21T00:00:00Z

SAN ANTONIO, BEXAR COUNTY - Last month, 2,133 homes sold, according to the San Antonio Board of Realtors. That's the most in a single month this year and a 7.2 percent jump compared to the same month last year, when there were 1,989 home sales.

So far this year, there have been 6,814 home sales, a 4.7 percent jump from the first four months 2013.

In April, homes stayed on the market an average of 71 days, a 15 percent drop from the same time last year. Housing inventory held steady at 4.5 months, which indicates a favorable market for sellers.

The median home price for a single-family home also rose in April to $176,000. That's a 4.6 percent jump from last year when the median home price in April 2013 was $168,300. April marked 30 consecutive months with rising year-over-year sales prices.

Aside from steady job growth, San Antonio's housing affordability is what continues to drive the market.

San Antonio Area Home Sales: April 2014
April Home Sales April Median Home Price
2014 2013 Change 2014 2013 Change
2,133 1,989 7.2% 176,000 168,300 4.6%

Source: San Antonio Board of Realtors

Read more at the San Antonio Express-News. For more stats, see Housing under San Antonio Market Data Sources.

San Antonio Express-News
San Antonio-New Braunfels
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