Spring 2012 Market Update
I have been workign with my clients in using the buyers market to our advantage and if at all possible negotiting the lowest possible price on homes which in a sellers market or even a more balance market might sell for around 10% more. It is a good time to go into a home with some level of instant equity and potentially have much of the buyer closing costs paid for by the seller. If you can qualify, now is an exceptional time to buy a home in Canyon Springs. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 210-204-6284

Average Home Price $350,000 - View Graph Trend
Average Price Compared to Last Year Up 0-5%
Average Time on Market 60-90 days
Best Selling Price Range$250,000 - $299,000
Worst Selling Price Range$800,000 - $849,000
Prices As % of Asking Price 95-100%
Existing Home Prices for the past 90 days are?Decreasing
Market Trend Increasing
Buyers’ or Sellers’ Market More sellers than buyers
Buyer Activity for the past 90 days in Canyon Springs isIncreasing
Seller Activity for the past 90 days in Canyon Springs is?No Change
Multiple Offers?No
Multiple Offers CommentaryIn some cases where the home is priced correctly multiple offers though not prevalent are possible. For the most part multiple offers are not occurring in the higher price ranges due to the limited amount of buyers.
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?5-10%
Is Financing Available For Qualified Buyers?Yes
Comments on Financing For Qualified BuyersFinancing is available for qualified buyers and we also provide information for our preferred lenders to ensure a smooth purchase.
Housing Inventory Good supply - Some Prices
Inventory CommentsThere is a good size inventory in Canyon Springs, however, much like many desireable areas the more attractive homes with curb appeal which are priced correctly are still selling in under 90 days. In this market sellers need to price correctly from the beginning or they will suffer with longer Days on Market. There are some falling home prices in Canyon Srpings, but much of the inventory homes which have had price adjustments downward are due to overpricing from the beginning and home condition.
Greatest Activity Repeat Buyers
Reason to Buy/Sell Population Growth
Nearest Metro AreaSan Antonio
Housing Hot SpotsOther Housing hotspots in the area would be Stone Oak which has long had a reputation as a nice place to live with many different types of jobs available for people new to the area. Cibolo Canyons which is east of HWY 281, but not far, is definitely considered a housing hotspot with the completion of the TPC Golfcourse and the JW Marriott nearing it will surely be a place which many people will decide to purchase a home. See our Cibolo Canyons website for details.
Average Sold Price $350,000 - View Graph Trend

Canyon Springs Local News


Everything you wanted to know about Canyon Springs - September 2nd, 2010 10:05am
: Canyon Springs is a fast-growing, master planned luxury community located just north of the San Antonio city limit in the beautiful Bexar County, Texas. Conveniently situated north of Highway 1604 and west of Highway 281, residents of Canyon Springs have front row seating along San Antonio's busy growth corridor. Drawing on the breathtaking natural beauty, renowned builders have come together to create a community that reflects ultimate comfort, aesthetic appeal and luxury.
The neighborhoods of Canyon Springs, including San Miguel, The Bluffs at Canyon Springs, The Coves at Canyon Springs, The Boulders at Canyon Springs, The Enclave at Canyon Springs, The Estates at Canyon Springs, The Links, The Reserve, The Summit and The Villas at Canyon Springs, and The Waters at Canyon Springs, have access to a plethora of community amenities such as swimming pools, playgrounds, tennis and basketball courts. Homes for sale in Canyon Springs sit on a two mile stretch just next to the... [ + Read Full Article ]

News for Canyon Springs, TX - Sunday July 5th, 2009 11:11pm
Canyon Springs is one of the best kept secrets in the North Central San Antonio area. Currently residents in the area do not have to pay city taxes. The area is very well kept and is located just on the north side of the Stone Oak area. There are many different subdivisions from which to choose and homes are priced anywhere from the upper $100's to close to 1 million. For avid golfers or those families who enjoy golf course views Canyon Springs has much to offer. A quick drive through the area is enough to prove that Canyon Springs is very well maintained and a great place to live.
Contact Information

Brayson Verzella
Brayson Verzella
     210-204-6284
Request More Information  

Let me answer your questions!

First Name
Last Name
Email
Phone

Questions or Comments

 

   Let Me Answer Your Questions! Ask Me!
Blog Archives
September 2010 (1)

July 2009 (1)

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%

Home Values
 Street
 
 Zip Code
 



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.

Click here for full article...
 
Search Homes Property Type
Min Price
Max Price
Min Beds
Min Baths
 
Brayson Verzella
Request More Information  

Let me answer your questions!

First Name
Last Name
Email
Phone

Questions or Comments

 

Let Me Answer Your Questions! Ask Me!
Brayson Verzella
Keller Williams Realty Heritage
Keller Williams Realty Heritage

  210-204-6284




Receive New Listings by Email Get Free Monthly Newsletter   |   Find Canyon Springs Homes for Sale   |   Search Canyon Springs Real Estate
(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
Texas Homes for Sale  |   Texas Real Estate News |   Homes for Sale  |   Real Estate Market News  |   Hot Markets  |   Agents Join