Spring 2012 Market Update
MAPSCO the mapmaking company used by Realtors in the area reported approximately 60 new updates in the past year. The Alamo Ranch marketplace has added its new retail to the area, Alamo Ranch Market Place, with stores like Best Buy, Target and JC Penny’s. Much of the industry, which has begun to build on the south side of San Antonio, as well as Westover Hills has seen Alamo Ranch as a prospective home for its employees and executives. In addition there are three new hospitals which are up and running that add to the number of buyers who will be interested in the area.

Average Home Price $250,000 - View Graph Trend
Average Price Compared to Last Year No Change
Average Time on Market 90-120 days
Best Selling Price Range$200,000 - $249,000
Worst Selling Price Range$500,000 - $549,000
Prices As % of Asking Price 95-100%
Existing Home Prices for the past 90 days are?No Change
Market Trend Decreasing
Buyers’ or Sellers’ Market More sellers than buyers
Buyer Activity for the past 90 days in Alamo Ranch isIncreasing
Seller Activity for the past 90 days in Alamo Ranch is?Increasing
Multiple Offers?Yes
Multiple Offers CommentaryIn the case where there is a really well kept home and price is also correct sellers can and do see multiple offers and this goes for any of the more popular areas of San Antonio.
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?0-5%
Is Financing Available For Qualified Buyers?Yes
Comments on Financing For Qualified BuyersFinancing is available for qualified buyers and we also have preferred lenders whom can address our clients needs and questions.
Housing Inventory Good supply - Some Prices
Inventory CommentsThere is a good supply of new homes as well as preowned homes for sale in this area which creates higher inventory and more competition for buyers who are interested in the area. I consider it important to ensure that my clients get the right price on the purchase of their home.
Greatest Activity Repeat Buyers
Reason to Buy/Sell Population Growth
Nearest Metro AreaSan Antonio
Housing Hot SpotsAlamo Ranch as a whole is a very large Hot Spot. The new Alamo Ranch market place is up and running and has plenty of upscale shopping and not far from Alamo Ranch you have all the dining and shopping you need at Bandera and 1604.
Average Sold Price $250,000 - View Graph Trend

Alamo Ranch Local News


Homes for Sale in Alamo Ranch and Real Estate in Alamo Ranch - May 7th, 2012 6:23pm
Homes for sale in Alamo Ranch are plentiful as the master planned community is the strongest and fastest growing community in the city. Alamo Ranch real estate at this point consists of single family detached homes from the $100's on up to the $400's. Due to the recent shifts upward and downward in the market homes are very affordable and you get plenty of bang for your buck. New home builders in Alamo Ranch are also seeing an upswing in business for 2012 so be sure to move fast if you are in the under $200k price range and you are looking at buying a home for sale in Alamo Ranch or in the vicinity of Alamo Ranch Texas. The most common price ranges we have seen in the area are the $200's and the low $300's as that encompasses the average and median price ranges for the area. Alamo Ranch parkway is always neatly trimmed and the jogging trails are always filled with residents who strive to stay active and in shape. Alamo Ranch still has plenty of development planned... [ + Read Full Article ]

Everything you wanted to know about Alamo Ranch - September 2nd, 2010 10:01am
Sprawling over graceful San Antonio countryside, the master-planned Alamo Ranch community is a place of natural tranquility. Alamo Ranch is located near the intersection of Loop 1604 and Highway 151, giving easy access to the San Antonio metropolitan area. Created by Pulte Homes, the Alamo Ranch community includes detached, single-family homes with a varied selection of prices, floor plans and styles.
Key nearby attractions include two major theme parks (Six Flags Fiesta Texas and Sea World San Antonio) and the Hyatt Regency-Hill Country Resort, any of which are the perfect place for a weekend trip or to treat an out-of-town visitor. Though it is most famous for its thrilling rides, Six Flags Fiesta Texas also offers daily shows, games and fun. The only park of its kind, Sea World San Antonio is bursting with water-related adventure. Sea World visitors enjoy water rides, interactive aquariums, and the one and only Sea World show Believe. For a day away from the kids, the Hyatt ... [ + Read Full Article ]

Alamo Ranch a successful master plan community or not? - Tuesday September 16th 2009
Alamo Ranch is coming along nicely despite the rough news that most people have heard regarding the real estate economy and the economy in general. As some people likely know some builders such as Kimball Hill have had problems and are no longer in the community. I do not feel at all that this is the fault of the master planned community itself just the national economy as a whole. This is not always a bad thing from a buyer perspective as I have helped buyers acheive purchase terms that they likely would not been able to attain if not for the state of the market. The problem many sellers of homes in Alamo Ranch are facing is builder competition along with the fact that there are quite a few other motivated sellers in the area. I had a listing not sell due to the fact that there was just too much competition in the area and on top of that-- the builder is offering Realtor incentives as well that my seller client could not match. It will likely be a better climate to sell homes in the... [ + Read Full Article ]

News for Alamo Ranch, TX - Sunday July 5th, 2009 9:56pm
Many people compare Alamo Ranch to the Stone Oak area in its more infintile stages. There are numerous different builders with a range of different products and price ranges. I have not seen more interest in any other northwest/west San Antonio master planned community other than maybe Westover Hills. Builder's continue to offer generous incentives and Newmark a builder in the $200's is selling homes for around $40,000 less than where they were originally priced. I look forward to bringing more news and keeping everyone updated on this new Alamo Ranch blog. Please stay in touch and check back every so often for future updates.
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Mortgage Rates
– May 28th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.82%
 15 yr. fixed rate:     3.11%
  30 yr. jumbo rate:  4.38%
  15 yr. jumbo rate:  3.61%

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Agent quarterly survey shows growing optimism toward a housing market recovery

End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.

Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.

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