San Antonio’s August down for summer, best in Texas, and better than 2008
October 8, 2009
San Antonio’s Real Estate market continues on the performance trend begun in July 2009. There were 1808 homes sold during the month, which is 1 percent higher than August 2008. These numbers continue to fall below 2007, as August 2007 had 2409 home sales, which puts San Antonio 17 percent down. The city also did not continue the high number trends for the summer quarter, because it was 130 homes below June 2009, as seen on the table below.
| 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 | 184,600 | 0.08 | 145,700 | 0.04 | 12,349 | 0 | 14.376 |
| 2009 | Feb | 1,155 | -0.25 | -0.32 | 175,000 | 0.03 | 142,200 | -0.01 | 12,622 | 0 | 10.928 |
| 2009 | Mar | 1,371 | -0.2 | -0.36 | 172,000 | -0.04 | 143,800 | -0.03 | 12,807 | -0.02 | 9.341 |
| 2009 | Apr | 1,499 | -0.14 | -0.29 | 180,900 | -0.02 | 148,000 | -0.03 | 12,690 | -0.06 | 8.465 |
| 2009 | May | 1,660 | -0.13 | -0.33 | 184,000 | -0.01 | 151,400 | 0 | 12,601 | -0.08 | 7.59 |
| 2009 | Jun | 1,938 | -0.08 | -0.21 | 189,300 | -0.02 | 155,800 | -0.01 | 12,516 | -0.1 | 6.458 |
| 2009 | Jul | 2,009 | 0.06 | -0.15 | 185,800 | 0 | 158,000 | 0.03 | 12,413 | -0.12 | 6.178 |
| 2009 | Aug | 1,808 | 0.01 | -0.25 | 179,900 | -0.02 | 146,500 | -0.02 | 12,224 | -0.12 | 6.761 |
Although the city had a decent number of home sales, it continues to struggle with pricing. The average price is the lowest since March 2009, and at $179,900, it is 2 percent lower than August 2008. Also, the median price is the lowest since April 2009, and at $146,500 the median price is 2 percent lower than its August 2008 counterpart.
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