9 June 2010 Data For San Antonio Single Family Detached Home Listings
Today there are 12,392 active listings, last week 12,189, last year 12,107
Today there are 2293 homes under contract, last week 2450, last year 1966
Today's average list price is $272,793, last week $272,409, last year $278,487
Today's average listing has been on the market 157 cumulative days (CDOM), last week 158, last year 163
Today's average list price for latest sales is $183,618, last week $184,719, last year $193,525
Today's average sales price for latest sales is $177,519, last week $178,716, last year $185,078
Today's latest list to sold price ratio is 97%, last week 97%, last year 96%
Today's average cumulative days on the market (CDOM) for latest sales is 119, last week 118, last year 128
What do these data mean? San Antonio's inventory of available homes is rising however the number of pending sales is falling; list prices are stable; sales prices are stable; the list to sales price ratio indicates the average home seller is getting 97 percent of the asking price; the time to sell a home is neither significantly rising nor falling; the average home is selling for less this year than it would have sold for last year. It's basically a buyer's market, trending toward a balanced market.
We're Stephanie and Randy Kelley, Realtors® of 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 a bit about the wonderful Alamo City, please call us at (210) 863-2661 or (210) 867-8743, or E-mail us at swkrealtor@aol.com or kelleybus@aol.com. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs.
No comments:
Post a Comment