September market is a backslide for San Antonio

October 28, 2009

San Antonio had 1604 home sales in September 2009.  This is the lowest number of homes sold since April 2009.  It is a three percent drop from September 2008 and a 15 percent drop from September 2007’s 1885 sales, as seen 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 1,156 -0.25 -0.32 175,000 0.03 142,300 0 12,622 0 10.918
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 1,662 -0.13 -0.33 184,100 -0.01 151,500 0 12,601 -0.08 7.581
2009 Jun 1,947 -0.07 -0.2 189,500 -0.02 156,000 -0.01 12,516 -0.1 6.428
2009 Jul 2,023 0.07 -0.15 185,900 0 158,200 0.03 12,413 -0.12 6.135
2009 Aug 1,768 -0.02 -0.27 179,900 -0.02 147,300 -0.02 12,224 -0.12 6.914
2009 Sep 1,604 -0.03 -0.15 174,500 -0.01 146,700 0.02 11,865 -0.13 7.397

The average price of $174,500 is one percent lower than this month’s 2008 counterpart and the lowest price posted since March.  The median price is $146,700, which is a two percent jump from last year, but the lowest price since March 2009.

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