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Market Trends
Commentary Provided byBrayson Verzella If you can qualify, now is an exceptional time to buy a home in Fort Sam Houston. Low rates with falling home prices makes a home purchase a great value! Please call for a free consultation at 210-204-6284 |
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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 | No Change | ||
| Housing Inventory | Good supply - Some Prices | ||
| Inventory Comments | Due to the nature of military bases and the constant transfer of men and women in the Army Ft. Sam Houston and areas around Ft. Sam hold steady and homes continue to sell despite shifts in the market. | ||
| Average Home Price | $125,000 - View Graph Trend | ||
| Best Selling Price Range | $100,000 - $149,000 | ||
| Worst Selling Price Range | $1,000,000+ | ||
| Compared to Last Year | Up 0-5% | ||
| Prices As % of Asking Price | 95-100% | ||
| Multiple Offers? | Yes | ||
| Multiple Offers Commentary | When a desireable home comes on to the market which is in a desireable subdivision and priced well the home can definitely be expected to have multiple offers as there are many soldiers getting orders to the installation on a monthly basis. Some buyers decide to relocate a short distance away from the immediate Ft. Sam Houston area and are competing with buyers for homes in communities like Schertz and Windcrest. | ||
| Greatest Activity | Investors | ||
| Buyer Activity for the past 90 days in Fort Sam Houston is | Increasing | ||
| Seller Activity for the past 90 days in Fort Sam Houston is | No Change | ||
| Is Financing Available For Qualified Buyers in Fort Sam Houston? | Yes | ||
| Comments on Financing For Qualified Buyers | Financing is available for Qualified Buyers looking for a home in the Ft. Sam Houston area and the surrounding areas. Feel free to contact us to speak with one of our preferred lender companies. | ||
| Existing Home Prices for the past 90 days are | No Change | ||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 10-15% | ||
| Housing Hot Spots | Housing areas which would be considered Hotspots near Fort Sam Houston would be the Alamo Heights and Terrell Hills areas which provide an older established feel with well maintained neighborhoods in the somewhat higher price ranges and Schertz, Converse and Windcrest to the east/northeast which provide plenty of choices for buyers relocating to the Fort Sam Houston area. | ||
| Reason to Buy/Sell | Job Growth | ||
| Average Sold Price | $125,000 - 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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Fort Sam Houston Local News
News for Fort Sam Houston, TX - Tuesday July 7th, 2009 10:55pm
Fort Sam Houston has plenty of homes in the surrounding areas. Alamo Heights is close by for those buyers who are looking for some of the best quality education in the city. The Converse area is also a popular choice as there is plenty of building going on off of I10 with new builders offering great incentives and a lower tax rate conditions are favorable for purchasing a home in the area which is only a short commute away from the base itself. For those buyers who don't mind a little further of a commute Schertz, Cibolo, Universal City, Selma, Garden Ridge and Windcrest are also options worthy of further consideration.
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