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.

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