The San Antonio real estate market experienced a notable shift in February, with home sales slowing but inventory continuing to climb, giving buyers more choices and leverage.

According to the latest report from the San Antonio Board of REALTORS® (SABOR), 2,407 homes were sold in February, marking an 8% decrease year-over-year. Despite the dip in sales, prices remained relatively stable. The median home price slipped slightly to $289,995, while the average price rose to $356,165 —pointing to continued activity in higher-end properties.

Inventory surged as 4,463 new listings hit the market, pushing active listings to 14,330. However, pending sales dropped by 17%, hinting at buyer hesitation possibly due to affordability challenges.

"Buyers now have more options, and sellers need to price competitively," said Reagan Williamson, SABOR’s 2025 Chair of the Board. "With steady prices and more inventory, it’s a great time for buyers to explore their opportunities."

Other February Highlights:

• Homes sold at 93.1% of original list price.

• Days on Market: 83 days.

• Price per Sq Ft: $171 

• Inventory: 4.9 months – moving toward a balanced market.

• Average Rent: $1,793, reflecting strong rental demand.

Bexar County Spotlight: Bexar County mirrored the broader trends with 1,621 sales, a median price of $275,000, and inventory at 4.4 months.

Statewide Trends: Texas overall saw 21,609 home sales, with a median price of $330,000. Statewide, homes sold faster, averaging 72 days on market, compared to San Antonio’s 83.

As San Antonio’s market shifts, both buyers and sellers should stay informed and adaptable. For trusted guidance, turn to a local REALTOR® through SABOR, serving over 13,000 members across South Texas.