Big increase in San Antonio’s lowest priced homes

January 13, 2010

Homes under $40,000 had the largest gains in the 2009 market.  These homes increased not only in terms of marketshare, but also in terms of real numbers.  Homes under $30,000 grew from 2.3 to 2.7 percent of the market, which was an increase of 20 homes (4.3% increase).  Homes between $30,000 and $40,000 increased from 1.7 to 2 percent of the market, which is a 4.5 percent increase in number of homes sold.  These two categories are the only two categories to experience an increase in real numbers.

San Antonio
Price Range	Percent Distribution		# of Sales
	2008	2009*	2008	2009*	Change
$29,999 or less	2.3	2.7	446	465	4.29%
30,000 - 39,999	1.7	2	330	344	4.52%
40,000 - 49,999	2	2	388	344	-11.16%
50,000 - 59,999	2.2	2.3	427	396	-7.12%
60,000 - 69,999	2.7	2.6	523	448	-14.45%
70,000 - 79,999	3.6	2.9	698	499	-28.43%
80,000 - 89,999	4.5	4	872	689	-21.03%
90,000 - 99,999	4.4	4.2	853	723	-15.20%
Under 100k	23.4	22.7	4,537	3,910	-13.81%
100k - 119,999	9.7	10.2	1,881	1,757	-6.58%
120k - 139,999	12.1	12.5	2,346	2,153	-8.22%
140k - 159,999	11.4	11.5	2,210	1,981	-10.38%
100k - 160k	33.2	34.2	6,436	5,891	-8.48%
160k - 179,999	8.8	8.6	1,706	1,481	-13.18%
180k - 199,999	6	6.5	1,163	1,120	-3.75%
200k - 249,999	10.2	9.9	1,977	1,705	-13.77%
250k - 299,999	6.3	6.3	1,221	1,085	-11.16%
300k - 399,999	6.3	6.2	1,221	1,068	-12.57%
400k - 499,999	2.6	2.5	504	431	-14.57%
500k and more	3.2	2.8	620	482	-22.26%

The homes priced between $100,000 and $160,000 all increased their marketshare, too; however, this did not translate into an increase in number of homes sold over 2008.

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