November 2009 shows 1 year increase in sales, but declines in price
December 30, 2009
The number of homes sold in November 2009 surpassed November 2008 by 51 percent. This November saw 1575 homes sold in San Antonio. Even though this is the lowest number sold since April’s 1499, it surpassed November 2008’s 1040 by 535 homes. The 1575 homes were down one person from November 2007’s 1591.
| Year | Month | Home sales | Percent change (1 year) | Percent change (2 year) | Average Price | Percent change (1 year) | Median Price | Percent change (1 year) | Active Listing | Percent change (1 year) | Months in Inventory |
| 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 | 1,655 | -0.12 | 176,800 | -0.01 | 144,500 | -0.01 | 13,618 | 0.06 | 8.228 | |
| 2008 | Oct | 1,423 | -0.17 | 184,500 | 0.07 | 144,300 | 0 | 13,541 | 0.03 | 9.515 | |
| 2008 | Nov | 1,040 | -0.35 | 178,900 | 0.02 | 142,600 | -0.02 | 13,137 | 0.04 | 12.631 | |
| 2008 | Dec | 1,311 | -0.22 | 177,700 | -0.02 | 141,500 | -0.05 | 12,281 | 0.04 | 9.367 | |
| 2009 | Jan | 859 | -0.3 | -0.4 | 184,800 | 0.08 | 145,900 | 0.04 | 12,349 | 0 | 14.376 |
| 2009 | Feb | 1,156 | -0.25 | -0.32 | 175,000 | 0.03 | 142,300 | 0 | 12,622 | 0 | 10.918 |
| 2009 | Mar | 1,372 | -0.2 | -0.36 | 172,000 | -0.04 | 143,800 | -0.03 | 12,807 | -0.02 | 9.334 |
| 2009 | Apr | 1,499 | -0.14 | -0.29 | 180,900 | -0.02 | 148,000 | -0.03 | 12,690 | -0.06 | 8.465 |
| 2009 | May | 1,666 | -0.13 | -0.33 | 184,100 | -0.01 | 151,500 | 0 | 12,601 | -0.08 | 7.563 |
| 2009 | Jun | 1,953 | -0.07 | -0.2 | 189,400 | -0.02 | 156,100 | -0.01 | 12,516 | -0.1 | 6.408 |
| 2009 | Jul | 2,041 | 0.08 | -0.14 | 186,100 | 0 | 158,400 | 0.03 | 12,413 | -0.12 | 6.081 |
| 2009 | Aug | 1,798 | 0 | -0.25 | 180,200 | -0.02 | 147,800 | -0.02 | 12,224 | -0.12 | 6.798 |
| 2009 | Sep | 1,592 | -0.04 | -0.16 | 174,200 | -0.01 | 146,600 | 0.01 | 11,865 | -0.13 | 7.452 |
| 2009 | Oct | 1,722 | 0.21 | 0 | 165,900 | -0.1 | 138,500 | -0.04 | 11,583 | -0.14 | 6.726 |
| 2009 | Nov | 1,575 | 0.51 | -0.01 | 170,000 | -0.05 | 140,000 | -0.02 | 11,506 | -0.12 | 7.305 |
| 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 |
The price of homes did not increase. The average home price was $170,000, which was a 5 percent drop from November 2008’s $178,900. The median price was $140,000, which was 2 percent below last November’s $142,600.
Trend in price distribution emerges with October 2009 data
December 6, 2009
San Antonio had fewer homesales overall in 2009. There is a story in the price distribution of the houses sold. For example, San Antonio’s extremely low priced homes, or homes under $70,000, gained more market share at every price point. In 2009, more of the homes sold were extremely low priced homes. The data show decent gains for average priced homes, too, see below.
| Price Range | Percent Distribution | # of Sales | |||
| 2008 | 2009* | 2008 | 2009* | Change | |
| $29,999 or less | 2.3 | 2.7 | 446 | 423 | -5.24% |
| 30,000 - 39,999 | 1.7 | 2 | 330 | 313 | -5.04% |
| 40,000 - 49,999 | 2 | 2 | 388 | 313 | -19.28% |
| 50,000 - 59,999 | 2.2 | 2.3 | 427 | 360 | -15.61% |
| 60,000 - 69,999 | 2.7 | 2.6 | 523 | 407 | -22.27% |
| 70,000 - 79,999 | 3.6 | 2.9 | 698 | 454 | -34.98% |
| 80,000 - 89,999 | 4.5 | 4 | 872 | 626 | -28.25% |
| 90,000 - 99,999 | 4.4 | 4.2 | 853 | 657 | -22.95% |
| Under 100k | 23.4 | 22.7 | 4,537 | 3,552 | -21.70% |
| 100k - 119,999 | 9.7 | 10 | 1,881 | 1,565 | -16.78% |
| 120k - 139,999 | 12.1 | 12.4 | 2,346 | 1,940 | -17.28% |
| 140k - 159,999 | 11.4 | 11.5 | 2,210 | 1,800 | -18.57% |
| 100k - 160k | 33.2 | 33.9 | 6,436 | 5,305 | -17.58% |
| 160k - 179,999 | 8.8 | 8.6 | 1,706 | 1,346 | -21.12% |
| 180k - 199,999 | 6 | 6.7 | 1,163 | 1,048 | -9.86% |
| 200k - 249,999 | 10.2 | 10 | 1,977 | 1,565 | -20.86% |
| 250k - 299,999 | 6.3 | 6.5 | 1,221 | 1,017 | -16.72% |
| 300k - 399,999 | 6.3 | 6.2 | 1,221 | 970 | -20.56% |
| 400k - 499,999 | 2.6 | 2.4 | 504 | 376 | -25.49% |
| 500k and more | 3.2 | 2.9 | 620 | 454 | -26.85% |
The middle range homes show gains, as seen in the $100k to $160k category and the $180k to $199,999 category, the latter having a large increase in marketshare. Homes above $300,000 all showed drops in 2009. San Antonio has a median family income of around $53,000 and banks have gotten tighter with their lending requirements, so it is likely families who would have risked the higher mortgage in 2006 either will not or cannot in today’s market.
San Antonio’s October 2009 sales jump
December 1, 2009
October 2009 posted 24 percent more than October 2008. There were 1760 homes sold this October in San Antonio, which is much higher than the 1423 from last year. The real story is October was also 2 percent above October 2007. There has not been any positive percent increases for the two year periods in 2009. Overall, October did have the lowest number of sales since May 2009, but at least they are starting to have consistent yearly gains.
| 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 | 1,655 | -0.12 | 176,800 | -0.01 | 144,500 | -0.01 | 13,618 | 0.06 | 8.228 | |
| 2008 | Oct | 1,423 | -0.17 | 184,500 | 0.07 | 144,300 | 0 | 13,541 | 0.03 | 9.515 | |
| 2008 | Nov | 1,039 | -0.35 | 178,900 | 0.02 | 142,500 | -0.02 | 13,137 | 0.04 | 12.643 | |
| 2008 | Dec | 1,309 | -0.22 | 177,600 | -0.02 | 141,400 | -0.05 | 12,281 | 0.04 | 9.381 | |
| 2009 | Jan | 859 | -0.3 | -0.4 | 184,800 | 0.08 | 145,900 | 0.04 | 12,349 | 0 | 14.376 |
| 2009 | Feb | 1,156 | -0.25 | -0.32 | 175,000 | 0.03 | 142,300 | 0 | 12,622 | 0 | 10.918 |
| 2009 | Mar | 1,372 | -0.2 | -0.36 | 172,000 | -0.04 | 143,800 | -0.03 | 12,807 | -0.02 | 9.334 |
| 2009 | Apr | 1,499 | -0.14 | -0.29 | 180,900 | -0.02 | 148,000 | -0.03 | 12,690 | -0.06 | 8.465 |
| 2009 | May | 1,664 | -0.13 | -0.33 | 184,100 | -0.01 | 151,600 | 0 | 12,601 | -0.08 | 7.572 |
| 2009 | Jun | 1,953 | -0.07 | -0.2 | 189,400 | -0.02 | 156,100 | -0.01 | 12,516 | -0.1 | 6.408 |
| 2009 | Jul | 2,040 | 0.08 | -0.14 | 186,000 | 0 | 158,400 | 0.03 | 12,413 | -0.12 | 6.084 |
| 2009 | Aug | 1,790 | -0.01 | -0.26 | 180,300 | -0.02 | 147,500 | -0.02 | 12,224 | -0.12 | 6.829 |
| 2009 | Sep | 1,578 | -0.05 | -0.16 | 174,500 | -0.01 | 146,700 | 0.02 | 11,865 | -0.13 | 7.519 |
| 2009 | Oct | 1,760 | 0.24 | 0.02 | 166,300 | -0.1 | 138,600 | -0.04 | 11,583 | -0.14 | 6.581 |
| 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 |
Average and median prices, unfortunately, posted losses. San Antonio might be selling more homes, but the homes may only be selling because they are priced so low. The average home price of $166,300 is 10 percent lower than last October’s $184,500. The median price of $138,600 was 4 percent lower than the $144,300 seen last October.