Tuesday, February 16, 2010

16 February 2010 San Antonio Real Estate Market Report

Quote of the Day: A word to the wise ain't necessary - it's the stupid ones that need the advice. ~ Bill Cosby

Fact of the Day:  Approximately 50% of the population of the US is nearsighted.

Today's Realty News:  Jennifer Hiller is San Antonio's most prolific realty reporter.  Her excellent article in today's San Antonio Express News recaps this January's lackluster home sales start.  Click here to read the article.  Keep in mind that the article reflects San Antonio realty reality in that the local home sales market is relatively asleep in January, but usually wakes up active and hungry in mid-February. The following February stats are already showing a trend toward a highly active late winter/early spring buyers' market for the Alamo City. 

Single Family Detached Homes Listed For Sale Today:        11292 Inventory Increasing Rapidly
Single Family Detached Homes Listings Under Contract:       1585 Increasing Rapidly
Median List Price:                                                                 $175,000 Stable
Average List Price:                                                                $269,656 Stable
Projected Sales Price For Listings Under Contract:            $167,267 Decreasing Slowly

San Antonio's Wonderous Weather: 

After an exceptionally cold start (27.7 degrees in our back yard with ice in the bird bath), the air's warming quickly and the temp's heading for the low 60's this afternoon.  Warm, bright and clear - spring's near!

That's all for today's blog.

We love to hear what you think about our blogs. Your opinions, pro and/or con, recommendations, commendations, and condemnations (please be kind) are eagerly solicited.

Please visit our sanantoniohomequest.com website for all your San Antonio realty research needs.

We’re Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy, San Antonio, Texas. If you have questions, need San Antonio realty or mortgage loan advice or assistance, or just want to chat, please call us at (210) 863-2661 or (210) 867-8763, or E-mail us at swkrealtor@aol.com or kelleybus@aol.com. Our Realty Solutions Team is always ready to help you with your San Antonio area home buying or selling needs.

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