San Antonio sales up, way up, in March 2010

May 9, 2010

San Antonio’s 1739 home sales are 27 percent above its 2009 counterpart’s 1372.  The interesting part of the story is: San Antonio is the largest Texas city to show an increase over its 2008 sales.  Okay, it’s only 1 percent above March 2008’s 1723, but it’s still an increase.

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 -0.36 171,900 -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 1,803 0 -0.25 180,100 -0.02 147,800 -0.02 12,224 -0.12 6.779
2009 Sep 1,609 -0.03 -0.15 173,600 -0.02 146,400 0.01 11,865 -0.13 7.374
2009 Oct 1,751 0.23 0.02 167,000 -0.09 138,700 -0.04 11,583 -0.14 6.615
2009 Nov 1,607 0.55 0.01 169,000 -0.06 140,900 -0.01 11,506 -0.12 7.159
2009 Dec 1,398 0.07 -0.17 180,500 0.02 147,600 0.04 11,150 -0.09 7.975
2010 Jan 850 -0.01 -0.31 173,600 -0.06 138,700 -0.05 11,755 -0.05 13.829
2010 Feb 1,223 0.06 -0.21 166,700 -0.05 141,100 -0.01 12,168 -0.04 9.949
2010 Mar 1,739 0.27 0.01 173,900 0.01 141,900 -0.01 12,948 0.01 7.445
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 average price of $173,900 is the highest this quarter, barely, and is 1 percent higher than last year.  The median price is also the highest this quarter, but is a 1 percent decrease from last year’s $143,800.

Another month of small sales increases in San Antonio

April 18, 2010

The 1279 homes sold in San Antonio during February brings the city 7 percent higher than 2009’s 1156.  The city is still 20 percent below 2008’s 1546.

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 -0.36 171,900 -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 1,751 0.23 0.02 167,000 -0.09 138,700 -0.04 11,583 -0.14 6.615
2009 Nov 1,606 0.54 0.01 169,000 -0.06 141,000 -0.01 11,506 -0.12 7.164
2009 Dec 1,391 0.06 -0.18 180,500 0.02 147,700 0.04 11,150 -0.09 8.015
2010 Jan 845 -0.02 -0.32 173,000 -0.06 138,500 -0.05 11,755 -0.05 13.911
2010 Feb 1,239 0.07 -0.2 167,400 -0.04 140,700 -0.01 12,168 -0.04 9.82
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 prices are not getting stronger though.  The average price was 4 percent lower than last year at $167,400 and the median price was 1 percent lower at $140,700.

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.

Sales gains for lowcost homes in San Antonio

February 12, 2010

Low priced homes made real market gains over 2008.  Large positive changes occurred in the under $30,000 and $30-$39,999 price ranges.  These were double digit gains in number of sales.  There was also a 4 percent increase in number of sales for homes between $180,000 and $199,999.  Two other categories showed positive increases, but those sales changes were under one percent, which translates to one home sale making a difference.

Price Range Percent Distribution # of Sales
2008 2009* 2008 2009* Change
$29,999 or less 2.3 2.7 446 504 12.92%
30,000 - 39,999 1.7 2 330 373 13.17%
40,000 - 49,999 2 2 388 373 -3.81%
50,000 - 59,999 2.2 2.3 427 429 0.57%
60,000 - 69,999 2.7 2.6 523 485 -7.37%
70,000 - 79,999 3.6 2.9 698 541 -22.51%
80,000 - 89,999 4.5 4 872 746 -14.49%
90,000 - 99,999 4.4 4.2 853 783 -8.18%
Under 100k 23.4 22.7 4,537 4,233 -6.68%
100k - 119,999 9.7 10.1 1,881 1,884 0.16%
120k - 139,999 12.1 12.3 2,346 2,294 -2.22%
140k - 159,999 11.4 11.4 2,210 2,126 -3.81%
100k - 160k 33.2 33.8 6,436 6,303 -2.07%
160k - 179,999 8.8 8.6 1,706 1,604 -5.99%
180k - 199,999 6 6.5 1,163 1,212 4.21%
200k - 249,999 10.2 10 1,977 1,865 -5.69%
250k - 299,999 6.3 6.4 1,221 1,194 -2.28%
300k - 399,999 6.3 6.1 1,221 1,138 -6.86%
400k - 499,999 2.6 2.5 504 466 -7.51%
500k and more 3.2 2.8 620 522 -15.83%

The homes priced between $100,000 and $160,000 did not have positive changes in numbers of sales, but did represent more of a share of the market than those categories did in 2008.

Slow gains are still gains for December 2009 San Antonio Real Estate Market

February 5, 2010

There were 1396 homes sold in December 2009 in San Antonio.  This is 6 percent more than sold in last year’s counterpart, when 1311 were sold.  It is the third month in a row of positive one year gains, ends the year on a positive note, and caps a six month stretch of net gains despite being 17 percent below the 1689 homes sold in December 2007.

Year Month Sales 1 year % Change 2 year % Change Mean Price 1 year % change Median Price 1 year % Change Active Listings 1 year % Change Months of Inventory
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 1,667 -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 2,042 0.08 -0.14 186,100 0 158,500 0.03 12,413 -0.12 6.078
2009 Aug 1,801 0 -0.25 180,200 -0.02 147,900 -0.02 12,224 -0.12 6.787
2009 Sep 1,608 -0.03 -0.15 173,600 -0.02 146,400 0.01 11,865 -0.13 7.378
2009 Oct 1,739 0.22 0.01 167,100 -0.09 138,700 -0.04 11,583 -0.14 6.66
2009 Nov 1,557 0.5 -0.02 169,600 -0.05 140,100 -0.02 11,506 -0.12 7.389
2009 Dec 1,396 0.06 -0.17 180,000 0.01 146,600 0.04 11,150 -0.09 7.987
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 are up, but not significantly.  The average and median prices were up 1 and 4 percent respectively.  December’s $180,000 pulled ahead of December 2008’s $177,700.  The median price of $146,600 was a little more ahead of last December’s $141,500.

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.

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.

Preliminary price distributions in San Antonio

November 10, 2009

The statistics first three quarters of 2009 have been released, see table below.

San Antonio
Price Range Percent Distribution # of Sales
2008 2009* 2008 2009* Change
$29,999 or less 2.3 2.7 445.901 375.003 -15.90%
30,000 - 39,999 1.7 2 329.579 277.78 -15.72%
40,000 - 49,999 2 2 387.74 277.78 -28.36%
50,000 - 59,999 2.2 2.3 426.514 319.447 -25.10%
60,000 - 69,999 2.7 2.6 523.449 361.114 -31.01%
70,000 - 79,999 3.6 3 697.932 416.67 -40.30%
80,000 - 89,999 4.5 3.8 872.415 527.782 -39.50%
90,000 - 99,999 4.4 4 853.028 555.56 -34.87%
Under 100k 23.4 22.4 4536.558 3111.136 -31.42%
100k - 119,999 9.7 9.9 1880.539 1375.011 -26.88%
120k - 139,999 12.1 12.3 2345.827 1708.347 -27.18%
140k - 159,999 11.4 11.4 2210.118 1583.346 -28.36%
100k - 160,000 33.2 33.6 6436.484 4666.704 -27.50%
160k - 179,999 8.8 8.7 1706.056 1208.343 -29.17%
180k - 199,999 6 6.7 1163.22 930.563 -20.00%
200k - 249,999 10.2 10.1 1977.474 1402.789 -29.06%
250k - 299,999 6.3 6.6 1221.381 916.674 -24.95%
300k - 399,999 6.3 6.5 1221.381 902.785 -26.08%
400k - 499,999 2.6 2.5 504.062 347.225 -31.11%
500k and more 3.2 2.9 620.384 402.781 -35.08%

It is too soon to make numerical comparisons to 2008, because there is another quarter to be completed.  There are some foreshadowed trends emerging from the first three quarters of 2009.  For example, homes $100,000 have lost some of their market share compared with higher priced homes.  The loss of buyers for homes priced from $70,000 to $99,999 are driving this trend.  The moderately priced homes priced between $100,000 and $159,999 are picking up the shares.

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