San Antonio home sales hot amid winter weather San Antonio home sales hot amid winter weather https://www.recenter.tamu.edu/news/newstalk-texas/?Item=49412014-02-17T07:03:00Z2014-02-17T00:00:00Z

SAN ANTONIO - In January 2014, 1,348 homes were sold — up from the 1,255 homes sold in January 2013, according to the San Antonio Board of Realtors (SABOR).

Housing prices remained affordable, with 66 percent of the homes sold in January 2014 priced under $200,000, 31 percent priced between $200,000 and $500,000 and nearly three percent priced over $500,000.

The average days on market in January 2014 dropped to 75 — a 16 percent decrease from 2013 — and housing inventory was just 4.1 months.

“December 2013 closed out our biggest sales year since 2006, so it is no surprise January 2014 showed an increase over January 2013,” said Missy Stagers, SABOR’s 2014 Chairman of the Board.

“The winter months can be a slower sales time in housing, but this year we have been experiencing tremendous growth and expect to continue that trend as winter winds down and we enter the spring buying season,” said Angela Shields, SABOR’s President and CEO.

San Antonio Home Sales Recap
Total month sales 1,008 1,255 1,348
Average price $177,381 $184,403 $194,701
Median price $144,200 $151,100 $161,000

Read more at the San Antonio Board of Realtors. Also see housing at San Antonio Market Data Sources for more data.

San Antonio Board of Realtors
San Antonio-New Braunfels
http://www.sabor.com/index.php/media-newsroom.htmlRead more at {Source}

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