San Antonio August housing market ends with a bangSan Antonio August housing market ends with a banghttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=63412013-09-18T13:43:00Z2013-09-16T00:00:00Z

SAN ANTONIO - The busy summer homebuying season is over and San Antonio’s housing market went out with a bang, according to the San Antonio Board of Realtors (SABOR).

As of August 2013, the average price of a home stood at $209,672 — a 7 percent increase from the average price of $195,693 posted last August.

The median price of a home was $174,500 — an 8 percent increase from the median price of $161,400 in August 2012. A major factor in the median-price rise was an increase in the number of higher-end homes sold, observes Steven Gragg, 2013 Chairman of the Board for SABOR.

Homes spent an average of 69 days on the market in August. A total of 2,413 homes were sold over the 31 days ended August 31 — a 15 percent increase from the number of homes sold last August.

San Antonio Business Journal
San Antonio-New Braunfels
http://www.bizjournals.com/sanantonio/blog/2013/09/san-antonio-housing-market-ends-the.htmlRead more at {Source}

 Search NewsTalk Texas