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Market Report for San Antonio 78254

San Antonio 78254

Yet another hot area for builders looking for new areas of town to develop, 78254 faces similar problems to 78251 in that builders rushed to the area, but when the bottom fell out, they were left holding the bag.  Add to this a traffic snarl with this side of the 1604 and you have an area that's destined for greatness, but is now facing some of the holdups that the Stone Oak area has experienced.  If homes continue to come on the market at or nearly at the same rate as they are being bought, expect to see the downward price trend continue.  If builders can fill up some of their inventory homes and re-sale home listings slow, I would expect the prices to level off.  Although this area is experiencing a bit of a slump, I suspect it will continue to be a hot area for growth in San Antonio.

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0 commentsMatt Stigliano • October 22 2009 06:05AM