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Market Trends
Commentary Provided byBrayson Verzella If you can qualify, now is an exceptional time to buy a home in Helotes. Low rates with falling home prices makes a home purchase a great value! Call now for more information 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 | Increasing | ||
| Housing Inventory | Good supply - Some Prices | ||
| Inventory Comments | There is a decent amount of inventory on the market in the Helotes area, but as in many desireable areas homes which are priced well and in good condition are still selling in a predictable amount of time. | ||
| Average Home Price | $350,000 - View Graph Trend | ||
| Best Selling Price Range | $200,000 - $249,000 | ||
| Worst Selling Price Range | $700,000 - $749,000 | ||
| Compared to Last Year | Up 0-5% | ||
| Prices As % of Asking Price | 95-100% | ||
| Multiple Offers? | No | ||
| Multiple Offers Commentary | For well priced homes which are conditioned well multiple offers are possible, but due to the limited buyer pool for higher end more expensive properties multiple offers are less common. | ||
| Greatest Activity | Repeat Buyers | ||
| Buyer Activity for the past 90 days in Helotes is | Increasing | ||
| Seller Activity for the past 90 days in Helotes is | Increasing | ||
| Is Financing Available For Qualified Buyers in Helotes? | Yes | ||
| Comments on Financing For Qualified Buyers | Financing is available for buyers who are qualified and for buyers who do not have a lender we can recommend a few of our preowned lenders to speak to. | ||
| Existing Home Prices for the past 90 days are | Increasing | ||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% | ||
| Housing Hot Spots | Near the intersection of 1604 and Bandera. You can find shopping, restaraunts and other commercial businesses to pass the time. Alamo Ranch and Sonoma Ranch are both hotspots where people are actively searching for homes. UTSA is another main reason why Helotes is a good area to find a home. | ||
| Reason to Buy/Sell | Job Growth | ||
| Average Sold Price | $350,000 - 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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CONNECT WITH A LOCAL PROFESSIONAL
Brayson Verzella
Keller Williams Realty Heritage San Antonio, Texas 210-204-6284 BraysonV@kw.com Agent Home Page
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Helotes Local News
News for Helotes, TX - Tuesday July 7th, 2009 11:04pm
The city of Helotes has a wealth of benefits to include its location and vast potential for any buyer to find a home. With price ranges starting in the $100's on average and going well into the $700+ range there is something for everyone. The area as a whole is a great place to raise a family and the pride of the residents shows in how well the area is maintained. The Bandera and 1604 intersection offers all the food and entertainment that any one could ask for. With the Silverado Movie Theatre near by as well as local gyms and shopping there is not much that you can't find just a short drive away from most any neighborhood in Helotes.


