October 2011 San Antonio Real Estate Sales Statistics

Written by Randy Watson

The San Antonio Board of Realtors (SABOR) released their monthly housing report for the month. The October 2011 report indicated that 1349 single-family residential homes sold compared to 1285 homes that sold in October 2010.

“The healthcare, tourism, and defense industries have a major economic impact here, but there are also many financial services and manufacturing companies that provide opportunities for the local workforce,” says Scott Caballero, 2011 SABOR Chairman of the Board. “Eagle Ford Shale is said to bring nearly 4,000 jobs to the area as well. San Antonio’s cost of living supports the healthy economic climate. The steady, affordable housing market is proving to be a major piece of how San Antonio fares overall.”

• 1349 single-family residential homes sold in October 2011.
• $182,304 is the average price of a single-family home, a 1% decrease from October 2010.
• $149,500 is the Median price of a single-family home, a 1% decrease from October 2010.

San Antonio ranked number 5 by USAA and military.com for Military Retirees to launch their second career. Forbes’ 2011 Best Cities for Jobs ranked San Antonio number 4 for large cities.

Market data is compiled by the San Antonio Board of Realtors from the Multiple Listing Service report.