San Antonio home sales up in Jan.San Antonio home sales up in Jan.https://www.recenter.tamu.edu/news/newstalk-texas/?Item=81402013-02-22T07:41:00Z2013-02-22T00:00:00Z

SAN ANTONIO - The local housing market is off to a roaring start, with the number of homes sold in January jumping nearly 24 percent over the same month in 2012. Last month saw 1,249 housing sales, up from 1,008, according to data from the San Antonio Board of Realtors (SABOR).

January's figures also mark a 35.5 percent jump from the same period in 2011, when there were 922 home sales. SABOR officials said stronger consumer confidence, a diminishing inventory of houses and low interests rates fueled the strong sales growth.

During fourth quarter 2012, the inventory of San Antonio homes for sale fell to five and a half months.

On a year-over-year basis that represents a 21.4 percent drop, according to figures from the Texas Association of Realtors. In January, the median sales price grew to $149,000, a 3.3 percent increase compared to the same month in 2012.

San Antonio Area Home Sales
  Jan. 2012 Jan. 2013 Change
Median home price $144,200 $149,000 3.3%
Home sales volume 1,008 1,249 23.9%

Read more at the San Antonio Express-News.

San Antonio Express-News
San Antonio-New Braunfels
http://www.mysanantonio.com/business/article/s-a-home-sales-are-up-nearly-24-over-last-year-4293393.phpRead more at {Source}

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