The stats are published for the San Antonio real estate market. There were 828 sales. This was 41 percent lower than the number of sales San Antonio saw 2 years ago (1421) and 33 percent lower than than the number of sales seen last year (1235). One interesting side note is that the average sales price is up 7.87 percent compared to last year. The months of inventory is 7.8 which indicates a buyers market but is not as bad as some other markets around the country.
It looks like the market came down for a lot of different markets this January. And although the market has been down for awhile January seemed to be an outlier. Hopefully the market will improve next month with low interest rates and the government new $8000 tax credit.
More statistics at
San Antonio Real Estate Blog stats provided by
San Antonio Real Estate
