December 2008 was San Antonio’s tenth straight month of double-digit percentage loss in number of home sales in 2008. There were 20.08 percent fewer homes sold in December 2008 than in December 2007, which is a difference of 339 homes. The 1349 homes sold was also the fewest number of homes sold in the market, excluding November, since January 2008, and the third fewest in the entire two year snapshot illustrated below.
The two year picture is worse. December 2008 was 32.95 percent behind December 2006, which is the difference of 663 homes. This drop also continues a trend of double digit fall off from each month’s 2006 counterpart since February, which posted a 9.38 percent drop, so it was not a healthy month either.
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