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About San Antonio's Trinity Oaks Arbors

Market Activity Report (Timberwood Park)

Wayne Johnson-San Antonio Homes For Sale San Antonio Realtor: Real Estate Agent in San Antonio, TX

Maybe the combination of lower of gas prices, from the historic highs of last year, and the hope that the stimulus packages, and bailouts will make things better are helping us see a boost in real estate activity in the Timberwood Park area. I know many of the people I worked with last year wanted to find homes inside Loop 1604 becasue of fuel prices and commuting time. That really slowed activity for me in Stone Oak, Bulverde Road corridor, and Timberwood Park. Things are looking better in 2009.

Of course, many are concerned about employment, and if the economic recovery is going to occur soon. But interest rates are at levels not seen for several years. The number of available homes gives buyers a wide variety of choices in many price ranges. This encourages sellers to price their house to meet market demands. Fortunately we have not had the rapid speculation price increases that have led to the dramatic market tumbles of some other high growth rate areas.

First-time home buyers could be positioned to take great advantage of the benefits included in the stimulus package. A $8,000 tax-credit, for example. Follow this link to some of the common questions and answers about this program. http://www.federalhousingtaxcredit.com/2009/faq.php

Your specific questions should be addressed to your Realtor®, accountant, attorney, and or mortgage officer.

Compass

Timberwood Park
Feb-09 Mar-09
New Listings 5 8
Current Available Homes 89 93
Sales Pending 4 7
Sold 8 6
Average Price Per Sale $322,200 $ 310,217
Median Home Price $ 315,000 $ 318,400
Average Days on Market 190 *112

This information was obtained from the San Antonio Board of
Realtors and should be verified before relying thereon.
*One house sold in 29 days, which significantly reduced
Average Day on Market for March

Call me if you need real estate assistance in the San Antonio area.