Here is Part 3 of the August Housing Update -- this time focusing on San Antonio's northeast neighborhoods and beyond.
Comparing data from August 2012 and August 2013 from the Texas Association of Realtors, here is a snapshot of what is happening in some of San Antonio's most sought after neighborhoods. Look for another post in a few days for more information about San Antonio's northeast neighborhods and beyond.
- The median home price in Oakwell Farms rose from $295,000 to $307,500, with three houses sold, same as last year.
- Homes for sale in Oakwell Farms were on the market 20 days longer, a 48% increase in time spent on the market.
- The housing inventory was 4.7 months, no change from the same time last year.
Click here to view all available homes for sale in Oakwell Farms.
- The median home price in Shavano Park rose from $311,200 to $717,500, with 4 houses sold, half as many sales as last year.
- Homes for sale in Shavano Park were on the market 13 days longer than same time last year.
- The housing inventory rose from 5.1 months to 7.8 months, putting Shavano Park out of a seller's market.
Click here to view all available homes for sale in Shavano Park.
- The median home price in Encino Park remained steady, increasing slightly from $208,500 to $205,750, with only two houses sold, down from 6 last year.
- Homes for sale in Encino Park were on the market 50 days fewer, an 61% decrease in time on the market.
- The housing inventory increased from 2.3 months to 4.5 months, indicating a continued seller's market.
Click here to see all available homes for sale in Encino Park.
Garden Ridge
- The median home price in Garden Ridge increased from $413,000 to $563,000, with 4 homes sold, 8 fewer than last year.
- Homes for sale in Garden Ridge were on the market 183 fewer days, a 69% decrease in time spent on the market.
- The housing inventory increased from 4.2 months to 5.3 months, still keeping Garden Ridge in a 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 decreased from $342,000 to $321,000, with the same number of homes sold as last year, 11.
- Homes for sale in Bulverde were on the market 23 days longer, a 13% increase in time spent on the market.
- The housing inventory decreased from 7.6 months to 6.5 months, making Bulverde closer to a seller's market.
Click here to see all available homes for sale in Bulverde (zip code 78163)
September data will be out soon, so check back to see more market analysis. 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.
