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Sylvie Shurgot Real Estate Broker

Sandy Oaks Olive Orchard

Last December, I decided to take a drive south on IH-37 to visit a local olive grower. What a delight! Ten thousand trees of 22 varieties grow on this beautiful land. The owner, Sandy Winokur has a nice little shop where you can buy goodies for your taste buds, olive-based skin care products, and tools for your kitchen-made of olive wood of course. I sampled just about everything in the store and came out with several bags. The olive oil is a delight; it is unique, fresh, and flavorful. I eat it plain on a good quality bread or on fresh goat cheese made in Seguin. For more information go to Sandy Oaks

San Antonio Foodshed

For people who try to shop at farmers' markets and to eat more locally-grown foods, there's a new website and blog out there. It's still very much under construction as I try to gather information about local growers and markets in the San Antonio area, but it's a good start. You can find the site here:

http://www.sanantoniofoodshed.com/

and the blog here: http://www.sanantoniofoodshed.blogspot.com/

Your comments will be appreciated!

April 17th 2008 article in the San Antonio Express-News on the Bexar County Appraisal District

On Thursday after having seen my property appraisal for 2008, I accessed the Multiple Listings Service (MLS) and confirmed the same information I've been working with for quite some time now: the appraisal district's data is blatantly inaccurate. I'm a REALTOR® and a trained statistician. Here's what I found: out of 20 homes that sold in the subdivision I chose, 19 appraisals didn't match the sale price of the property, and 1 appraisal wasn't posted by the appraisal district. So if you only count the 19 available records, we have 100% error. Some appraisals were over the sale price and some were under.

Bexar County Appraisal District computers access MLS records, so when I go protest my appraisal, I look at the appraiser's screen and see the same numbers I researched in MLS to prepare for the hearing. Since accurate information is available, why did I find 100% error? How can appraisals be calculated correctly and fairly if the calculations aren't performed using accurate data? Clearly something isn't functioning properly, and some property owners in Bexar County are carrying an unfair burden. (You can find more compelling data on my website.)

If you're unhappy with your appraisal, you're allowed to protest it; you'll receive all the forms and information you need along with your appraisal. Contact a San Antonio REALTOR® to help you find out what properties sold for in your subdivision, and use that information at the hearing. It would be to your advantage to protest. I meet quite a few people who are under the impression that their property would lose value if they had their appraisal lowered, but the MARKET determines what your property is worth, not the county appraiser.

San Antonio 1st quarter 2008 statistics (single residential)

# listed

# sold

% sold

Avg asked (SP)

Avg sale price (LP)

SP/LP

Days on Market

2008

10,046

3,995

39.77%

$185,820.00

$178,585.00

96.11%

87

2007

10,366

5,024

48.47%

$179,576.00

$174,994.00

97.45%

70

2006

8,890

5,230

58.83%

$165,685.00

$162,046.00

97.80%

68

2005

8,447

4,493

53.19%

$147,226.00

$143,355.00

97.37%

78

2004

10,403

5,436

52.25%

$141,596.00

$137,480.00

97.09%

98

Here's the data for the first quarter. It includes any listings from small towns outside San Antonio that were posted on MLS - Boerne, New Braunfels, Seguin, Kerrville, Floresville, and many more.

San Antonio March 2004 to 2008 Sales Satistics (single residential)

Here are the real estate statistics for March as far back as MLS makes available. Check this blog regularly as I will comtinue to post statistics for months, quarters, and years. The nembers are very telling and useful in analysing what's happening in a market. Fell free to contact me in you have any questions or comments.

Total Listed

# Sold % Sold Avg Asking Price Avg Sale Price Sale Price/List Price Ratio Days on Market
2008
3,374 1,324 39.24% $190,936.00 $184,268.00 96.51% 89
2007
3,851 2,036 52.87% $180,514.00 $176,236.00 97.63% 67
2006
3,273 2,252 68.81% $169,123.00 $165,769.00 98.02% 63
2005
3,157 1,879 59.52% $145,785.00 $141,983.00 97.39% 77
2004
2,908 1,629 56.02% $141,609.00 $137,606.00 97.17% 100