San Antonio's Rockstar Turned Realtor®: Market Report for San Antonio 78260

Market Report for San Antonio 78260

San Antonio 78260

Although prices have flattened out a bit recently, there was an upward price trend in 78260 for the second half of the year.  Inventory remains high at 429.31 homes, so it's going to take awhile to clear it out and because of that, I don't see any major gains in appreciation in the short term.  Expect this area to bounce back and forth between small gains and losses over the next year as we try to draw down the inventory numbers to more sensible levels.  This was another area whose future looked amazing until builders went wild and the traffic issues of 281 finally caught up with the population explosion in the area.  Look for good prices on builder inventory in this area of San Antonio as builders try to clear their personal inventories, so they can continue building new homes.

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Comment balloon 2 commentsMatt Stigliano • October 23 2009 03:57PM

Comments

Matt - These market reports are quite impressive !  It is great that you also have some narrative and insight in terms of your evaluation.  Sounds like there was too many homes built in this area which could lead to some great values out there for buyers.

Posted by The Somers Team, Delivering Real Estate Happiness (The Somers Team at KW Philadelphia) about 10 years ago

Christopher and Stephanie - Without the extra narrative, I think most people would just pass these by.

Posted by Matt Stigliano (Kimberly Howell Properties (210) 646-HOME) about 10 years ago

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