San Antonio home prices March up 10 percent

SAN ANTONIO – As of March 2014, the average price of a home in San Antonio stood at $211,247 — a 10 percent increase over the average price of $192,589 reported March 2013, according to the San Antonio Board of Realtors.

The median price of a home in greater San Antonio now stands at $172,400 — an 8 percent increase from the median price of $158,900 posted a year ago.

The under-$200,000 market continues to be the strongest price range for the Alamo City. Over the 31 days ended March 31, 2014, 61 percent of the homes sold in greater San Antonio were priced below $200,000.

The mid-price market, however is gaining ground. Homes priced between $200,000 and $500,000 accounted for 35 percent of the sales recorded in March. A year ago, homes in this price range accounted for 29.2 percent of sales in the local housing market.

See Housing under San Antonio Market Data Sources for more stats.