No relief for June 2009 San Antonio real estate market
July 31, 2009
San Antonio continued its two year trend in loosing home sales compared to the preceding year. June 2009 had 1,954 sales, which was a jump of 326 home sales from May 2009, but down 7 percent from June 2008’s 2,096. It was also a loss of 20 percent from June 2007’s 2,443 sales. The market is at 80 percent of where it was two years ago, but this is the best we’ve seen the market all year.
| 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 | 1,654 | -0.12 | 176,800 | -0.01 | 144,500 | -0.01 | 13,618 | 0.06 | 8.233 | |
| 2008 | Oct | 1,422 | -0.17 | 184,400 | 0.07 | 144,200 | 0 | 13,541 | 0.03 | 9.522 | |
| 2008 | Nov | 1,038 | -0.35 | 178,900 | 0.02 | 142,400 | -0.02 | 13,137 | 0.04 | 12.656 | |
| 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 | 184,600 | 0.08 | 145,700 | 0.04 | 12,349 | 0 | 14.376 |
| 2009 | Feb | 1,154 | -0.25 | -0.32 | 175,000 | 0.03 | 142,300 | 0 | 12,622 | 0 | 10.937 |
| 2009 | Mar | 1,366 | -0.21 | -0.36 | 172,000 | -0.04 | 143,900 | -0.03 | 12,807 | -0.02 | 9.375 |
| 2009 | Apr | 1,487 | -0.15 | -0.29 | 181,000 | -0.02 | 148,000 | -0.03 | 12,690 | -0.06 | 8.533 |
| 2009 | May | 1,628 | -0.15 | -0.34 | 184,100 | -0.01 | 151,100 | 0 | 12,601 | -0.08 | 7.74 |
| 2009 | Jun | 1,954 | -0.07 | -0.2 | 189,200 | -0.02 | 154,700 | -0.02 | 12,516 | -0.1 | 6.405 |
The average and median prices for June 2009 home sales in San Antonio were both 2 percent lower than June 2008. June 2009’s average home price was $189,200, which was down from $193,600 in June 2008. The price was higher than May 2009, but the loss over the 2008 counterpart was also higher than posted in May.
The median price took a downward turn after May 2009 posted neutral results, as it had no change from May 2008. In June 2009, the median price was $154,700 for a home. In June 2008, the median home price was $157,800.
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