August 2013 San Antonio, Texas, Home Sales Market Report

It's August 2013 and everything seems unusually hot in-and-around San Antonio and south Texas,  including  the climate, the area's thriving economy, and the Alamo City's residential real estate market.

As recently reported locally and throughout the country.  San Antonio is one of the nation's leading cities for economic health, positive demographic trends, and long term growth.

So, it’s not surprising  that San Antonio is presently experiencing its most active real estate market in the last 7  years.  Home sales are dramatically up and home values in most neighborhoods have  returned to, or are exceeding,  pre-recession levels.

During the late Great Recession,  San Antonio’s home market  entered a brief slump leading to a  moderately strong buyer’s market.  Now,  because the inventory of homes for sale is unusually low, the entire San Antonio metropolitan area is seeing an exceptionally strong home seller’s market.  Listing and sold home prices are rising, home sellers are receiving offers close to their asking price, and buyers are encountering less seller flexibility and harder negotiations.

Historically, San Antonio's realty sales high season ends in August, but, this year, it's not at all certain that home buyers and sellers will see a cooler, more casual, and less aggressive fall season realty market.  Only time will tell, but, in light of this year's dramatic activity, a longer residential sales high season is a distinct possibility for San Antonio.

That's the news for our August 2013 San Antonio realty market report. We encourage reader comments and recommendations about how to make our reports more informative and useful.

We're Stephanie and Randy Kelley, Realtors® of Keller Williams Legacy, San Antonio, Texas. If you have questions, need San Antonio area 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. Our sanantoniohomequest.com Realty Solutions Team is always ready to help you with your home buying and selling needs.