Here is Part 2 of the First Quarter Housing Update -- this time focusing on San Antonio's northwest neighborhoods -- including a few north central neighborhoods, too.
Comparing data from January - March, 2013 and January-March 2014 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 decreased from $218,000 to $209,750, with 12 homes sold in the first quarter.
- Homes for sale in Castle Hills were on the market 67 fewer than first quarter last year.
- The housing inventory deceased from 9.5 months to 4.2 months.
Click here to see all the homes for sale now in Castle Hills
- The median home price in Elm Creek rose from $448,250 to $561,250, with 4 homes sold in the first quarter.
- Homes for sale in Elm Creek were on the market 383 more days compared with last year.
- The housing inventory grew from 5.5 months to 19 months.
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 $332,500, with 15 homes sold in the first quarter.
- Homes for sale in Deerfield were on the market 49 fewer days compared with last year.
- The housing inventory shrank from 11 months to 1.3 months.
Click here to see all the homes for sale in Deerfield.
- The median home price in Inwood decreased from $462,000 to $430,000, with 5 homes sold in the first quarter.
- Homes for sale in Inwood were on the market 20 fewer days compared with last year.
- The housing inventory shrank from 4.3 months to 3 months.
Click here to see all the homes for sale in Inwood.
- The median home price in the Heights of Stone Oak decreased slightly from $339,932 to $337,500 with 9 homes sold in the first quarter.
- Homes for sale in the Heights of Stone Oak were on the market 63 more days compared last year.
- The housing inventory shrank from 5.8 months to 3.4 months.
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 $355,000 to $400,000 with 17 homes sold in the first quarter.
- Homes for sale in Rogers Ranch were on the market 25 fewer days compared with last year.
- The housing inventory shrank from 10.3 months to 5.5 months.
Click here to see all the homes for sale now in Rogers Ranch.
- The median home price in Hollywood Park decreased from $291,750 to $253,500, with 18 homes sold in the first quarter.
- Homes for sale in Hollywood Park were on the market the same number of days as last year: 56.
- The housing inventory shrank from 4 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 $632,500 to $679,500, with 16 homes sold in the first quarter.
- Homes for sale in the Dominion were on the market 74 more days compared to last year.
- The housing inventory in the Dominion grew from 13.4 months to 20.2 months.
Click here to see all the homes for sale in the Dominion.
- The median home price in Fair Oaks Ranch increased from $385,000 to $400,700 with 30 homes sold in the first quarter.
- Homes for sale in Fair Oaks Ranch were on the market 94 fewer days compared with last year.
- The housing inventory in Fair Oaks Ranch shrank slightly from 6.6 months to 5.6 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) increased from $243,000 to $250,000 with 86 homes sold in the first quarter.
- Homes for sale in Helotes were on the market 39 fewer days compared with last year.
- The housing inventory shrank from 4.8 months to 4.6 months, 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 $250,550 to $287,069, with 84 homes sold in the first quarter.
- Homes for sale in Boerne spent 16 fewer days on market compared with last year.
- The housing inventory rose from 7.7 months to 8.6 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.
