Published May 24, 2021

Monthly Market Update: April in San Antonio

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Written by Karina Gafford

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San Antonio and its surrounding areas experienced a 27 percent jump in April home sales year-over-year, according to data provided by the San Antonio Board of REALTORS® (SABOR) which reports on all areas contained within the MLS. In April 2021 a total of 3,483 homes were sold, whereas 2,735 homes were sold in April 2020.

“Spring home sales are paving the way for positive trends and exponential growth for the summer months ahead,” said Cher Miculka, Chairman of the Board. "Across all of Texas we are seeing soaring home sales as the population of cities expand."

Home sales prices in April averaged $333,671 with a median price of $277,000. Throughout Texas, the average price was $374,263, 25.9 percent higher than April 2020. The median price in Texas reached $295,000, an 18 percent overall increase from last year.

In the greater San Antonio area, there were 4,092 new listings, while Bexar County specifically reported 2,882 new listings. In all of Texas, a total of 41,939 new listings hit the market in April.

SABOR Multiple Listing Service Report: March Home Sales Recap

 

2021

2020

2019

Total Month Sales

3,483 homes

(27% increase)*

2,735 homes

 

3,003 homes

Average Price

$333,671

(22% increase)*

$273,473

 

$267,071

Median Price

$277,000

(15% increase)*

$240,400

 

$230,700

Days on the Market

36 days

61 days

 

62 days

*Percentage increases are based on a year-over-year comparison.

In the county comparison, Bexar County sales increased by 23.4 percent with 2,477 homes sold. In a year-over-year comparison, Travis County's home sales increased 36 percent (1,443 homes), Harris County increased 48.3 percent (4,687 homes), and Dallas County increased 32 percent (1,934 homes). The percentages reflect year-over-year changes from 2020 to 2021.

It’s no secret that it is a seller’s market out there but that shouldn’t deter you from looking to buy in the San Antonio area.  Where supply is low and it may take a little longer to find something, it’s also important to note that certain areas can fall into a seller’s market because they have steady population growth, new businesses popping up, and numerous job opportunities.

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