San Antonio's Rockstar Turned Realtor®: Market Report for San Antonio 78255

Market Report for San Antonio 78255

San Antonio 78255

If you were hoping to see a decent price increase, look no further than 78255.  Unfortunately, that price increase also comes with a rise in inventory.  With a 70 home increase since August (about 35%), homes are hitting the shelves quicker than they are flying off.  Once again, the higher priced home market (just about anything above $200,000) is slow to move as buyers watch prices and are looking for deals.  Since there is also a lot of new construction in the area, consider this a trend that will stay for awhile.  This price increase is probably being caused by two things; new homes being built and older homes going on the market above market value - all pushing prices higher as builders and homeowners saw the late spring/early summer as a "hot market" and more wanted to take advantage of that fact.  I suspect we'll see a slowdown through the winter months that will adjust prices downward as inventory increases.

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Comment balloon 5 commentsMatt Stigliano • October 22 2009 06:30AM

Comments

Matt..I like this information. Mind if I borrow this for Dallas Fort Worth??

Posted by Pat O'Reilly (RE/MAX..214-289-6176 Irving and all of Dallas Fort Worth) about 9 years ago

Hi Matt, Good post. Thanks for sharing.

Best - Sash

Posted by Sasha Miletic - Windsor Real Estate (RE/MAX Preferred Realty Ltd.) about 9 years ago

My friend, I have been told by several of my favorite bloggers here that I NEED to start posting info and stats for the neighborhoods where I specialize and now that you have jumped on board, I need to get off my tail and get busy. One small thing, the illustration in this particular post was a bit slow to load...maybe it's my computer but I wanted to let you know!

Posted by Russell Lewis, Broker,CLHMS,GRI (Realty Austin, Austin Texas Real Estate) about 9 years ago

Great information, and I love the chart as I'm a visual person.

Posted by Donna Harris, Realtor,Mediator,Ombudsman,Property Tax Arbitrator (Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com) about 9 years ago

Pat - I don't know what use it will be to you in Dallas as they are localized statistics (by zip code here in San Antonio).

Sasha - No problem.

Russell - I think with your very specialized areas of concentration this could of great use to you.  I also notice the higher the price of the home, the more people like to see statistics.

Donna - I love that you can adjust the view to see historical data as well.

Posted by Matt Stigliano (Kimberly Howell Properties (210) 646-HOME) about 9 years ago

Participate