November 2011 San Antonio Real Estate Sales Statistics

Posted by Admin SATXProperty on Monday, December 19th, 2011 at 10:21am.

Written by Randy Watson

November 2011Off-Season Buying Trends Affect Housing Sales and Prices

The San Antonio Board of Realtors (SABOR) released their monthly housing report for the month. 1239 Single family residential homes closed, a 2% decrease from November 2010. The average price declined 8% for a single family home compared to November 2010. 

"This month, we saw a sales decrease for homes priced between $200,000 and $500,000, as well as homes priced above the halfmillion dollar mark," said Scott Caballero, SABOR's 2011 Chairman of the Board.

  • 1,239 single-family residential homes sold in November 2011.
  • $174,861 is the average price of a single-family home, a 8% decrease from November 2010.
  • $145,500 is the Median price of a single-family home, a 5% decrease from November 2010. 
  • Approximately 7 Months – Months of inventory in November 2011.
SABOR is preparing for its January 5th Housing Forecast. The event features real estate experts who will provide insight on market trends and will offer predictions on how the market will fare in 2012.
Market data is compiled by the San Antonio Board of Realtors Press Release from the Multiple Listing Service report.

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3 Responses to "November 2011 San Antonio Real Estate Sales Statistics"

Scott P wrote:
Home pricing is down, the economy is clinging on. Now, the San Antonio realtors are going to announce real estate housing forecast predictions for next year. Oh, boy! Can't wait for that.

Kind of reminds me of an Dan Akroyd and Eddy Murphy movie, Trading places. Eddy Murphy plays a street smart con-artist and Dan Akroyd plays a snobby rich guy that team up together to dupe the even richer snobbier old guys. When will it ever end.

We need jobs and confidence to turn the country around. Then housing will follow.

Posted on Monday, December 19th, 2011 at 6:37pm.

Teyona @ Real Estate Park City Ut wrote:
Looking forward to the San Antonio real estate forecast and I'm hoping to see a little progress from the economy and the housing industry.

Posted on Wednesday, December 28th, 2011 at 8:52pm.

Randy Watson wrote:
Thanks Teyona,

I'm looking forward to a great New Year! I hope the San Antonio real estate board expert forecasters are better than our weather forecasters... Ha Ha!

We'll see what they say about the San Antonio Housing Forecast come next year on January 5th.... Happy New Year!

Posted on Thursday, December 29th, 2011 at 10:56pm.



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