The first market report for 2024 has finally been released and according to the San Antonio Board of Realtors® (SABOR), January 2024 saw an 11% increase of all (new and existing) homes with 2,018 closed listings. The report also notes decreases in average and median home prices with 1% and 6% decreases from the prior year, respectively. 

Will Curtis, SABOR’s 2024 Chair of the Board, said “San Antonio isn’t seeing much of a change of how long homes are staying on the market compared to last year. To close the month, 92.6% of homes closed for their original list price and we are seeing 4.3 months of inventory, 4,030 new listings, 2,551 pending listings, and 11,935 active listings.”

For January 2024, Bexar County as a whole saw an 8.2% increase in home sales. The price per square foot decreased 1.4% to $162 and 92.7% of homes closed for their original list price. The average home price for the area had a decrease of 2.2%, now at $330,125 and the median price decreased 6.9% to $270,000.