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Spring 2012 Market Update
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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| 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 | $200,000 - $249,000 |
| Worst Selling Price Range | $700,000 - $749,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Helotes is | Increasing |
| Seller Activity for the past 90 days in Helotes is? | Increasing |
| 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. |
| 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 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. |
| 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. |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Job Growth |
| Nearest Metro Area | San Antonio |
| 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. |
| Average Sold Price | $350,000 - View Graph Trend |
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Brayson Verzella
Keller Williams Realty Heritage
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