Here is Part 2 of the August Housing Update -- this time focusing on San Antonio's northwest neighborhoods -- including a few north central neighborhoods too.
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 Castle Hills remained steady, increasing slightly from $242,675 to $246,450, with 8 houses sold, twice as many as last year.
- Homes for sale in Castle Hills were on the market 151 fewer days, an 82% decrease in time on the market.
- The housing inventory decreased from 3.3 months to 3, keeping Castle Hills in a strong seller's market.
Click here to see all the homes for sale now in Castle Hills
- The median home price in Elm Creek decreased from $555,000 to $480,000 with no houses sold, down from 1 house sold last year in August.
- Homes for sale in Elm Creek were on the market 61 more days, a 305% increase.
- The housing inventory decreased from 23 months to 4.3 months, making Elm Creek a seller's market.
Click here to see all the homes for sale now in Elm Creek.
- The median home price in Deerfield remained steady, increasing slightly from $325,000 to $327,500, with 4 houses sold, same number as last year.
- Homes for sale in Deerfield were on the market 5 days longer, a 6% increase.
- The housing inventory shrank from 4.5 months to 3 months, an approximate 33.3% decrease, indicating a strong seller's market.
Click here to see all the homes for sale in Deerfield.
- The median home price in Inwood decreased from $447,000 to $431,000, a 3.5% decrease, with 3 houses sold, 1 fewer than last year.
- Homes for sale in Inwood were on the market 52 more days, a nearly 90% increase in time on the market.
- The housing inventory shrank from 3.3 months to 3 months, placing Inwood solidly in a seller's market.
Click here to see all the homes for sale in Inwood.
- The median home price in the Heights of Stone Oak decreased from $309,000 to $279,250, a 9.6% change, with 16 houses sold, up from 12 last year.
- Homes for sale in the Heights of Stone Oak were on the market 24 fewer days, a 26.37% decrease in time on the market.
- The housing inventory shrank from 3.3 months to 1.8 months, a 45.5% decrease, indicating a continued seller's market.
Click here to see all the homes for sale Stone Oak (zip code 78258).
Rogers Ranch
- The median home price in Rogers Ranch rose decreased from $410,750 to $381,250, a 7% decrease, with 10 houses sold, down from 13 last year.
- <Homes for sale in Rogers Ranch were on the market 80 fewer days, a 54% decrease in time on the market.
- The housing inventory rose from 3.5 months to 4.9 months, a 40% increase, but still keeping Rogers Ranch in a seller's market.
Click here to see all the homes for sale now in Rogers Ranch.
- The median home price in Hollywood Park decreased from $295,000 to $281,335, with 8 houses sold, up from 5 sold last year.
- Homes for sale in Hollywood Park were on the market 103 days fewer than last year, a 58% decrease in time on the market.
- The housing inventory shrank from 2.8 months to 1.5 months, a 46% decrease indicating a strong seller's market.
Click here to see all the homes for sale now in Hollywood Park.
- The median home price in the Dominion decreased from $578,750 to $524,500, a 9% decrease, with 8 houses sold, twice as many as last year.
- Homes for sale in the Dominion were on the market 264 days fewer, a 66.3% decrease in time on the market.
- The housing inventory in the Dominion shrank from 30.3 months to 12.8 months, a nearly 58% decrease.
Click here to see all the homes for sale in the Dominion.
- The median home price in Fair Oaks Ranch rose from $350,000 to $390,000 with 19 houses sold, ten more than last year.
- Homes for sale in Fair Oaks Ranch were on the market 47 fewer days, a 21% decrease in time on the market.
- The housing inventory in Fair Oaks Ranch shrank from 10.6 months to 3.5 months, putting Fair Oaks ranch in a seller's market.
Click here to see all the homes for sale in Fair Oaks Ranch.
Helotes
- The median home price in Helotes (zip code 78023) decreased from $272,450 to $254,000 with 44 houses sold, 2 less than last year.
- Homes for sale in Helotes are on the market 48 fewer days, a 39.34% decrease in time on the market.
- The housing inventory is steady at 4.1 months, down from 4.5 months last year, keeping Helotes in a seller's market.
Click here to see all the homes for sale now in Helotes (zip code 78023)
Boerne
- The median home price in Boerne (zip code 78006) was up slightly to $247,360, from $246,000 last year, with more than twice as many houses sold as last year.
- Homes for sale in Boerne spent 61 fewer days on market, a 41% decrease in time on the market.
- The housing inventory shrank from 11.8 months to 4.9 months, putting Boerne in a seller's market.
Click here to see all the homes for sale now in Boerne (zip code 78006).
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.
