Here is Part 3 of the December Housing Update -- this time focusing on San Antonio's northeast neighborhoods and beyond.
Comparing data from December 2012 and December 2013 from the Texas Association of Realtors, here is a snapshot of what is happening in some of San Antonio's most sought after northeast neighborhoods.
- The median home price in Oakwell Farms decreased from $361,500 to $330,000, with 2 houses sold.
- Homes for sale in Oakwell Farms were on the market 210 more days.
- The housing inventory remained steady compared with December 2012 at 8 months.
Click here to view all available homes for sale in Oakwell Farms.
- The median home price in Shavano Park rose from $475,000 to $565,500, with no houses sold.
- Homes for sale in Shavano Park were on the market 235 fewer days than same time last year.
- The housing inventory shrank from 6 months to 4.7 months, a nearly 22% decrease in inventory.
Click here to view all available homes for sale in Shavano Park.
- The median home price in Encino Park decreased from $225,000 to $215,000, with 3 houses sold, down from 6 last year.
- Homes for sale in Encino Park were on the market 89 fewer days, an 72% decrease in time on the market.
- The housing inventory increased from 1.4 months to 1.7 months, indicating a strong seller's market.
Click here to see all available homes for sale in Encino Park.
Garden Ridge
- The median home price in Garden Ridge decreased from $417,000 to $371,250, with 6 homes sold.
- Homes for sale in Garden Ridge were on the market 19 more days, a 14% increase in time spent on the market.
- The housing inventory decreased from 3.9 months to 2.3 months, putting Garden Ridge in a strong seller's market.
Click here to see all available homes for sale in Garden Ridge.
Bulverde (zip code 78163)
- The median home price in Bulverde increased from $193,000 to $282,515, with 6 homes sold.
- Homes for sale in Bulverde were on the market 57 more days, a 84% increase in time spent on the market.
- The housing inventory dropped from 11.1 months to 7.8 months.
Click here to see all available homes for sale in Bulverde (zip code 78163)
If you cannot wait to see your desired neighborhood listed in this post, please contact Jennifer Perloff for a detailed market analysis of any San Antonio or surrounding neighborhood. To get a complimentary analysis of your own home's market value, please contact Jennifer.
