Here is Part 2 of the October Housing Update -- this time focusing on San Antonio's northwest neighborhoods -- including a few north central neighborhoods, too.
Comparing data from October 2012 and October 2013 from the Texas Association of Realtors, here is a snapshot of what is happening in some of San Antonio's most sought after northwest neighborhoods.
- The median home price in Castle Hills increased from $210,000 to $228,500, with 6 houses sold.
- Homes for sale in Castle Hills were on the market 150 fewer days, an 66% decrease in time on the market.
- The housing inventory decreased from 4.2 months to 3.5 months, 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 $775,000 to $580,000 with 1 house sold.
- Homes for sale in Elm Creek were on the market 86 more days, a 191% increase.
- The housing inventory decreased from 25 months to 18 months, keeping Elm Creek in a buyer's market.
Click here to see all the homes for sale now in Elm Creek.
- The median home price in Deerfield remained steady, decreasing slightly from $325,000 to $323,000, with 3 houses sold.
- Homes for sale in Deerfield were on the market 47 days longer, a 109% increase in time on the market.
- The housing inventory grew slightly from 4.5 months to 4.7 months, keeping Deerfield in a seller's market.
Click here to see all the homes for sale in Deerfield.
- The median home price in Inwood decreased from $364,000 to $360,000, with 1 house sold.
- Homes for sale in Inwood were on the market 33 more days, a nearly 39% increase in time on the market.
- The housing inventory remained steady at 14 months.
Click here to see all the homes for sale in Inwood.
- The median home price in the Heights of Stone Oak rose from $201,000 to $272,126, a 36% increase, with 7 houses sold.
- Homes for sale in the Heights of Stone Oak were on the market 71 more days, a 154% increase in time on the market.
- The housing inventory shrank from 20.5 months to 4.6 months, a 78% 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 from $345,000 to $441,902, a 28% increase, with 4 houses sold.
- Homes for sale in Rogers Ranch were on the market 111 fewer days, a 49.5% decrease in time on the market.
- The housing inventory rose from 7.2 months to 11.3 months, a 40% increase, a 57% increase.
Click here to see all the homes for sale now in Rogers Ranch.
- The median home price in Hollywood Park decreased from $262,500 to $260,000, with 1 house sold.
- Homes for sale in Hollywood Park were on the market 8 days fewer than last year, a 12.5% decrease in time on the market.
- The housing inventory grew from 1.9 months to 9 months.
Click here to see all the homes for sale now in Hollywood Park.
- The median home price in the Dominion increased from $587,100 to $925,000, with 5 houses sold.
- Homes for sale in the Dominion were on the market 251 days fewer, a 48% decrease in time on the market.
- The housing inventory in the Dominion shrank from 62 months to 20.4 months, a 67% decrease.
Click here to see all the homes for sale in the Dominion.
- The median home price in Fair Oaks Ranch decreased from $360,000 to $342,000 with 7 houses sold.
- Homes for sale in Fair Oaks Ranch were on the market 120 fewer days, a 62% decrease in time spent on the market.
- The housing inventory in Fair Oaks Ranch shrank from 14.4 months to 9.3 months.
Click here to see all the homes for sale in Fair Oaks Ranch.
Helotes (Zip Code 78023)
- The median home price in Helotes (zip code 78023) decreased from $321,000 to $234,950 with 40 houses sold.
- Homes for sale in Helotes are on the market 63fewer days, a 44% decrease in time on the market.
- The housing inventory is steady at 4.6 months, up from 4.2 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 (Zip Code 78006)
- The median home price in Boerne (zip code 78006) increased from $260,000 to $287,000, with 29 houses sold.
- Homes for sale in Boerne spent 106 fewer days on market, a 37% decrease in time on the market.
- The housing inventory rose from 8.1 months to 10.8 months.
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.
