Uptick in January sales for San Antonio
March 7, 2010
San Antonio’s January 2010 numbers are not that great compared with the preceding six months; however, the 865 sales are 1 percent higher than the 859 from last January. The market posted large one year percent increases for the last quarter of 2009 and these gains are continued this January. The big picture is not as sunny, because these sales are actually 30 percent lower than January 2008’s 1,235, which was the beginning of a year that posted big drops every month.
| 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 | 1,667 | -0.13 | -0.33 | 184,000 | -0.01 | 151,600 | 0 | 12,601 | -0.08 | 7.559 |
| 2009 | Jun | 1,953 | -0.07 | -0.2 | 189,400 | -0.02 | 156,100 | -0.01 | 12,516 | -0.1 | 6.408 |
| 2009 | Jul | 2,043 | 0.08 | -0.14 | 186,100 | 0 | 158,500 | 0.03 | 12,413 | -0.12 | 6.075 |
| 2009 | Aug | 1,802 | 0 | -0.25 | 180,100 | -0.02 | 147,700 | -0.02 | 12,224 | -0.12 | 6.783 |
| 2009 | Sep | 1,609 | -0.03 | -0.15 | 173,600 | -0.02 | 146,400 | 0.01 | 11,865 | -0.13 | 7.374 |
| 2009 | Oct | 1,747 | 0.23 | 0.01 | 167,100 | -0.09 | 138,700 | -0.04 | 11,583 | -0.14 | 6.63 |
| 2009 | Nov | 1,595 | 0.53 | 0 | 168,900 | -0.06 | 140,700 | -0.01 | 11,506 | -0.12 | 7.213 |
| 2009 | Dec | 1,380 | 0.05 | -0.18 | 180,400 | 0.02 | 147,000 | 0.04 | 11,150 | -0.09 | 8.079 |
| 2010 | Jan | 865 | 0.01 | -0.3 | 174,800 | -0.05 | 139,000 | -0.05 | 11,755 | -0.05 | 13.589 |
| 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 |
Prices tell a worse story. Both average ($174,800) and median ($139,000) prices dropped five percent from last January. The prices are not particularly off base from what the market showed in the last six months either. They simply suggest the positive January sales numbers may be as a result of a repriced market in San Antonio.