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Spring 2012 Market Update
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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| Average Home Price | $300,000 - 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 | $1,000,000+ |
| 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 Cibolo Canyons is | Increasing |
| Seller Activity for the past 90 days in Cibolo Canyons is? | No Change |
| 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. |
| 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 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. |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | New Industries |
| Nearest Metro Area | San Antonio |
| 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. |
| Average Sold Price | $300,000 - View Graph Trend |
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Brayson Verzella
Keller Williams Realty Heritage
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