Randolph AFB Real Estate Market Conditions & Reports, Randolph AFB Market Trends, Texas

Market Commentary Provided by Top Agent
If you can qualify, now is an exceptional time to buy a home in Randolph AFB. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 210-204-6284

Report Date

Spring 2010

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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 a military installation there are always homes going up for sale and homes being purchased. With the desireability of some of the subdivisions and communities in the area average days on market is often lower than the San Antonio average. Compared to two or three years ago inventory is up, but multiple offers on well priced and well conditioned homes is still normal.

Average Home Price

$175,000 - View Graph Trend

Best Selling Price Range

$150,000 - $199,000

Worst Selling Price Range

$350,000 - $399,000

Compared to Last Year

Up 0-5%

Prices As % of Asking Price

95-100%

Multiple Offers?

Yes

Multiple Offers Commentary

As mentioned well priced homes which are well maintained in close proximity to Randolph Air Force Base are receiving multiple offers especially when thay have unique and desireable qualities.

Greatest Activity

Repeat Buyers

Buyer Activity for the past 90 days in Randolph AFB is

Increasing

Seller Activity for the past 90 days in Randolph AFB is

No Change

Is Financing Available For Qualified Buyers in Randolph AFB?

Yes

Comments on Financing For Qualified Buyers

Financing is available for all qualified buyers interested in purchasing a home in the Randolph Air Force Base areas.

Existing Home Prices for the past 90 days are

No Change

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

5-10%

Housing Hot Spots

Some of the communities near Randolph AFB that would be considered Housing Hotspots are Schertz, Selma, Cibolo and for those in the higher price ranges Garden Ridge. Universal City and Live Oak also offer more affordable housing in the $100's.

Reason to Buy/Sell

Good economic news

Average Sold Price

$175,000 - 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.

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