END OF APRIL 2017 SEES STRONG SAN ANTONIO HOME SALES ACTIVITY
It’s the last week of April 2017. The San Antonio home sales market has clearly entered the high sales activity season.
Many new listings have been posted recently however the inventory of available homes is not keeping up with demand. Year over year, new listing prices are approximately 3% above 2016 prices, however the most recent closed sales are running approximately 6% above 2016 prices.
On the downside, based on current Multiple Listing Service reports, the market is lagging slightly behind 2016 for homes currently under contract. It’s too early to project the significance of that indicator, but it could reflect a slower market compared to the same time last year. There are also early indications that home sales in some usually highly popular areas of town are not as active as last year. That said, it’s too early to know if the San Antonio area home sales market will beat out 2016’s historically high sales activity.
If you want to know what’s happening with home sales any San Antonio neighborhood, are looking to list your home, or want to know about any home listed for sale, please call or text a member of Keller Williams Legacy’s Powerhouse Team at (210) 867-8743 for Stephanie Kelley, (210) 863-2661 for Randy Kelley, (210) 414-9605 for Pat Acquisto, and (210) 213-1450 for Sheryl Sepulveda. Powerhouse Realtors ® are superlative residential home value analysts and expert contract negotiators. You can rely on the Powerhouse Team to help you get the best price, terms, and conditions for your realty investment.