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Market Trends
Commentary Provided byBrayson Verzella If you can qualify, now is an exceptional time to buy a home in Cibolo Canyons. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 210-204-6284. Now is a perfect opportunity to build your home in this beautiful future TPC Golfcourse community before the facilities open in 2010. Call us any time for free assistance in purchasing your next home in beautiful Cibolo Canyons. |
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| Report Date | Fall 2009 | ||
| Nearest Metro Area | San Antonio | ||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||
| Average Time on Market | 60-90 days | ||
| Market Trend | Increasing | ||
| Housing Inventory | Good supply - Some Prices | ||
| Average Home Price | $300,000 - View Graph Trend | ||
| Best Selling Price Range | $250,000 - $299,000 | ||
| Worst Selling Price Range | $1,000,000+ | ||
| Compared to Last Year | Up 0-5% | ||
| Prices As % of Asking Price | 95-100% | ||
| Multiple Offers? | No | ||
| Multiple Offers Commentary | On Average homes in Cibolo Canyons are not getting multiple offers. There is still much builder competition and new home sales are expected to increase in price and units when the new Hotel and golfcourse opens for business. The TPC Golfcourse and JW Mariott are expected to bring more home sales to the area in all price ranges. | ||
| Greatest Activity | Repeat Buyers | ||
| Buyer Activity for the past 90 days in Cibolo Canyons is | Increasing | ||
| Seller Activity for the past 90 days in Cibolo Canyons is | No Change | ||
| Is Financing Available For Qualified Buyers in Cibolo Canyons? | Yes | ||
| Comments on Financing For Qualified Buyers | Financing is available for all qualified buyers searching for property in the Cibolo Canyons area. Please feel free to call us to speak to one of our experienced preferred lenders if needed. | ||
| Existing Home Prices for the past 90 days are | Decreasing | ||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% | ||
| Housing Hot Spots | Bulverde Village is a slightly more affordable area near Cibolo Canyons which is in the vicinity as well as Indian Springs. Builders such as Wilshire, DR Horton and Centex can be found with home prices ranging from $150,000 to $300,000 on average. | ||
| Reason to Buy/Sell | New Industries | ||
| Average Sold Price | $300,000 - View Graph Trend | ||
| National Real Estate Market | |||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... | |||
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Brayson Verzella
Keller Williams Realty Heritage San Antonio, Texas 210-204-6284 BraysonV@kw.com Agent Home Page 
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Cibolo Canyons Local News
News for Cibolo Canyons, TX - Sunday July 5th, 2009 11:17pm
Cibolo Canyons for anyone who isn't aware is quickly becoming a buzz in the San Antonio area. With the JW Mariott and the TPC golfcourse opening soon; the master planned community will soon be known nationwide. There are rumors that some professional golfers are looking into the area as it has homes priced from the low $200's well into the one million plus range. Some of the current builders in the area are Imagine Homes, Mike Holloway, Highland Homes, Green Wood Custom Homes, Newmark, Genesis Custom Homes, Meritage Homes, and Bridle Bit homes as well. As many already know Cibolo Canyons was the location of the 2008 Parade of Homes and in my opinion it was a good choice due to the vast range of home types and styles. Sitterle Homes has even opened up its new community Las Campanas in the area closer to Evans Road.
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