January has only 828 sales, lowest in 9 years
February 25, 2009
January 2009 was the first time home sales in San Antonio were below 1000 since January 2002. The 828 sales were also the lowest number of sales since January 2000’s 820 sales. These were 32.96 percent lower than January 2008. This is the largest one year drop off in the entire period shown in the table. It is also a drop of 41.73 percent from January 2007. This is second only to November 2007 had a 44.55 percent drop.
The mean and median prices for homes in San Antonio were higher than their 2008 counterpart. The average price was $185,000, which was 7.87 percent higher than 2008. The median price was $143,800, which was 2.42 percent higher than 2008. Although the number of homes has dropped off substantially, it appears the homes sold are the more expensive ones.
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