San Antonio market continues trend of decline over previous year
June 28, 2009
San Antonio had 1,689 home sales during May 2009. This is down 13 percent from last May, though it is the highest number of sales during a month in 2009. Each month over the past two years has shown a drop off from its prior year’s counterpart. May is no different, as May 2008 had 1,909 sales and May 2007 had 2,478. There is a 33 percent drop off from May 2007.
| Year | Month | Sales | 1 Yr Change | 2 Yr Change | Average Price | % Price Change | Median Price | % 1 Yr Change | Active Listings | % 1 Yr Change | Months of Inventory |
| 2007 | Jan | 1,421 | 169,200 | 142,400 | 9,696 | 6.823 | |||||
| 2007 | Feb | 1,701 | 175,800 | 143,100 | 10,388 | 6.106 | |||||
| 2007 | Mar | 2,139 | 173,800 | 145,700 | 10,785 | 5.042 | |||||
| 2007 | Apr | 2,107 | 180,400 | 145,000 | 11,563 | 5.487 | |||||
| 2007 | May | 2,478 | 180,400 | 147,200 | 12,256 | 4.945 | |||||
| 2007 | Jun | 2,443 | 193,200 | 157,200 | 12,718 | 5.205 | |||||
| 2007 | Jul | 2,372 | 184,700 | 152,300 | 12,946 | 5.457 | |||||
| 2007 | Aug | 2,409 | 186,800 | 151,500 | 12,857 | 5.337 | |||||
| 2007 | Sep | 1,885 | 178,100 | 146,600 | 12,884 | 6.835 | |||||
| 2007 | Oct | 1,722 | 172,300 | 144,400 | 13,103 | 7.609 | |||||
| 2007 | Nov | 1,591 | 176,000 | 145,000 | 12,578 | 7.905 | |||||
| 2007 | Dec | 1,689 | 181,600 | 148,500 | 11,843 | 7.011 | |||||
| 2008 | Jan | 1,235 | -0.13 | 171,500 | 0.01 | 140,400 | -0.01 | 12,368 | 0.28 | 10.014 | |
| 2008 | Feb | 1,546 | -0.09 | 170,600 | -0.03 | 143,000 | 0 | 12,631 | 0.22 | 8.17 | |
| 2008 | Mar | 1,723 | -0.19 | 179,900 | 0.04 | 147,900 | 0.02 | 13,091 | 0.21 | 7.597 | |
| 2008 | Apr | 1,744 | -0.17 | 185,100 | 0.03 | 152,300 | 0.05 | 13,479 | 0.17 | 7.728 | |
| 2008 | May | 1,909 | -0.23 | 186,800 | 0.04 | 151,700 | 0.03 | 13,640 | 0.11 | 7.145 | |
| 2008 | Jun | 2,096 | -0.14 | 193,600 | 0 | 157,800 | 0 | 13,871 | 0.09 | 6.617 | |
| 2008 | Jul | 1,890 | -0.2 | 185,500 | 0 | 153,400 | 0.01 | 14,088 | 0.09 | 7.453 | |
| 2008 | Aug | 1,799 | -0.25 | 184,500 | -0.01 | 150,200 | -0.01 | 13,814 | 0.07 | 7.678 | |
| 2008 | Sep | 1,654 | -0.12 | 176,800 | -0.01 | 144,500 | -0.01 | 13,618 | 0.06 | 8.233 | |
| 2008 | Oct | 1,423 | -0.17 | 184,500 | 0.07 | 144,300 | 0 | 13,541 | 0.03 | 9.515 | |
| 2008 | Nov | 1,038 | -0.35 | 179,700 | 0.02 | 142,600 | -0.02 | 13,137 | 0.04 | 12.656 | |
| 2008 | Dec | 1,309 | -0.22 | 177,600 | -0.02 | 141,400 | -0.05 | 12,281 | 0.04 | 9.381 | |
| 2009 | Jan | 856 | -0.31 | -0.4 | 184,500 | 0.08 | 145,300 | 0.03 | 12,349 | 0 | 14.426 |
| 2009 | Feb | 1,153 | -0.25 | -0.32 | 175,100 | 0.03 | 142,400 | 0 | 12,622 | 0 | 10.947 |
| 2009 | Mar | 1,355 | -0.21 | -0.37 | 172,200 | -0.04 | 144,000 | -0.03 | 12,807 | -0.02 | 9.451 |
| 2009 | Apr | 1,475 | -0.15 | -0.3 | 181,200 | -0.02 | 147,800 | -0.03 | 12,690 | -0.06 | 8.603 |
| 2009 | May | 1,658 | -0.13 | -0.33 | 184,400 | -0.01 | 150,700 | -0.01 | 12,601 | -0.08 | 7.6 |
Home prices were also down from May 2008. The average and median home prices dropped 1 percent from May 2008 to $184,400 ad $150,700 respectively. These prices are also the highest for 2009, which has been a dismal year, but they are still inconsistent with the prices San Antonio saw during 2008 and 2007.
San Antonio Real Estate Stats for April
June 7, 2009
There were 1484 Home Sales in the San Antonio real estate market in April. This is down 15 from 2008 and down 30 percent from 2007. This is actually slightly better than the year over year declines we have been seeing since January 2009, although of course we are by no means out of the woods yet. Average prices were down 3 percent.
Some might see the improving sales as a sign that the rest of the summer should have strong sales. This is pretty unlikely. The sales number for May might improve but With interest rates climbing I would expect to see slow sales for June, July and August.
Average prices were down 3 percent. This is roughly in line with what we have seen for the last several months.
| Year | Month | Sales | 1 Yr Change | 2 Yr Change | Average Price | % Price Change | Median Price | % 1 Yr Change | Active Listings | % 1 Yr Change | Months of Inventory | 2007 | Jan | 1,421 | 169,200 | 142,400 | 9,696 | 6.823 |
| 2007 | Feb | 1,701 | 175,800 | 143,100 | 10,388 | 6.106 | |||||
| 2007 | Mar | 2,139 | 173,800 | 145,700 | 10,785 | 5.042 | |||||
| 2007 | Apr | 2,107 | 180,400 | 145,000 | 11,563 | 5.487 | |||||
| 2007 | May | 2,478 | 180,400 | 147,200 | 12,256 | 4.945 | |||||
| 2007 | Jun | 2,443 | 193,200 | 157,200 | 12,718 | 5.205 | |||||
| 2007 | Jul | 2,372 | 184,700 | 152,300 | 12,946 | 5.457 | |||||
| 2007 | Aug | 2,409 | 186,800 | 151,500 | 12,857 | 5.337 | |||||
| 2007 | Sep | 1,885 | 178,100 | 146,600 | 12,884 | 6.835 | |||||
| 2007 | Oct | 1,722 | 172,300 | 144,400 | 13,103 | 7.609 | |||||
| 2007 | Nov | 1,591 | 176,000 | 145,000 | 12,578 | 7.905 | |||||
| 2007 | Dec | 1,689 | 181,600 | 148,500 | 11,843 | 7.011 | |||||
| 2008 | Jan | 1,235 | -0.13 | 171,500 | 0.01 | 140,400 | -0.01 | 12,368 | 0.28 | 10.014 | |
| 2008 | Feb | 1,546 | -0.09 | 170,600 | -0.03 | 143,000 | 0 | 12,631 | 0.22 | 8.17 | |
| 2008 | Mar | 1,723 | -0.19 | 179,900 | 0.04 | 147,900 | 0.02 | 13,091 | 0.21 | 7.597 | |
| 2008 | Apr | 1,744 | -0.17 | 185,100 | 0.03 | 152,300 | 0.05 | 13,479 | 0.17 | 7.728 | |
| 2008 | May | 1,909 | -0.23 | 186,800 | 0.04 | 151,700 | 0.03 | 13,640 | 0.11 | 7.145 | |
| 2008 | Jun | 2,094 | -0.14 | 193,600 | 0 | 157,700 | 0 | 13,871 | 0.09 | 6.624 | |
| 2008 | Jul | 1,890 | -0.2 | 185,500 | 0 | 153,400 | 0.01 | 14,088 | 0.09 | 7.453 | |
| 2008 | Aug | 1,799 | -0.25 | 184,500 | -0.01 | 150,200 | -0.01 | 13,814 | 0.07 | 7.678 | |
| 2008 | Sep | 1,654 | -0.12 | 176,800 | -0.01 | 144,500 | -0.01 | 13,618 | 0.06 | 8.233 | |
| 2008 | Oct | 1,423 | -0.17 | 184,500 | 0.07 | 144,300 | 0 | 13,541 | 0.03 | 9.515 | |
| 2008 | Nov | 1,038 | -0.35 | 179,700 | 0.02 | 142,600 | -0.02 | 13,137 | 0.04 | 12.656 | |
| 2008 | Dec | 1,307 | -0.23 | 177,200 | -0.02 | 141,200 | -0.05 | 12,281 | 0.04 | 9.396 | |
| 2009 | Jan | 855 | -0.31 | -0.4 | 184,500 | 0.08 | 145,300 | 0.03 | 12,349 | 0 | 14.443 |
| 2009 | Feb | 1,145 | -0.26 | -0.33 | 175,300 | 0.03 | 142,500 | 0 | 12,622 | 0 | 11.023 |
| 2009 | Mar | 1,342 | -0.22 | -0.37 | 172,400 | -0.04 | 144,400 | -0.02 | 12,807 | -0.02 | 9.543 |
| 2009 | Apr | 1,484 | -0.15 | -0.3 | 180,000 | -0.03 | 146,800 | -0.04 | 12,690 | -0.06 | 8.551 |
| Year | Month | Sales | 1 Yr Change | 2 Yr Change | Average Price | % Price Change | Median Price | % 1 Yr Change | Active Listings | % 1 Yr Change | Months of Inventory |