San Antonio North Central Real Estate Market Report - Guadalupe, Bexar, Comal, Texas
San Antonio North Central, Texas - Guadalupe, Bexar, Comal County
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Brayson Verzella

If you can qualify, now is an exceptional time to buy a home in San Antonio North Central. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 210-204-6284

Report DateFall 2009
Nearest Metro AreaSan Antonio
Buyers’ or Sellers’ MarketMore sellers than buyers
Average Time on Market60-90 days
Market TrendNo Change
Housing InventoryGood supply - Some Prices
Inventory CommentsHomes in the San Antonio North Central area are plentiful, but on the same token homes which are conditioned well and priced well are still selling within 60 to 90 days. Location and proximity to jobs and education is a major factor of home sales prices and days on market in the San Antonio North Central area. As in most of the San Antonio area inventory is still high, but at the same time prices are in many cases compensating for the high supply making it an excellent opportunity to invest and or purchase a home.
Average Home Price$200,000 - View Graph Trend
Best Selling Price Range$150,000 - $199,000
Worst Selling Price Range$850,000 - $899,000
Compared to Last YearUp 0-5%
Prices As % of Asking Price95-100%
Multiple Offers?Yes
Multiple Offers CommentaryThere have been quite a few cases of sellers getting multiple offers in the area especially in the more affordable price ranges and as usual this often happens with homes which are priced at or significantly under value and which have unique characteristics. Homes which are not conditioned well and which are overpriced are still sitting on the market for longer than average amounts of time.
Greatest ActivityFirst Time Buyers
Buyer Activity for the past 90 days in San Antonio North Central isIncreasing
Seller Activity for the past 90 days in San Antonio North Central isNo Change
Is Financing Available For Qualified Buyers in San Antonio North Central?Yes
Comments on Financing For Qualified BuyersFinancing is available for buyers who are qualified and we also have preferred lenders whom we introduce buyers to for assistance in prequalification for the purposes of obtaining a mortgage.
Existing Home Prices for the past 90 days areNo Change
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?10-15%
Housing Hot SpotsShavano Park is a very desired area which has homes from $300,000 to over $3,000,000. Castle Hills, Hollywood Park and the Hill Country Village area are also very popular areas of the North Central part of town where people decide to live and work. There are many different retail and commercial businesses as well as great places to eat.
Reason to Buy/SellLower prices with good selection and competitive interest rates creates a perfect time to buy in San Antonio North Central! San Antonio North Central is an excellent location for job seekers and for individuals looking to continue their education. The area is conveniently located to many of the restaraunts and shopping centers which locals enjoy. Most of the major institutions of higher learning are also a short commute away from the area.
Average Sold Price$200,000 - 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
Brayson Verzella
Keller Williams Realty Heritage
San Antonio, Texas
210-204-6284
BraysonV@kw.com
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Keller Williams Realty Heritage

San Antonio North Central Local News

Hidden Gem communities in San Antonio Texas North Central - Tuesday September 16th, 2009
San Antonio North central definitely encompasses a wide range of areas. I would like to mention some of the most popular communities every so often to give people an idea of what areas they might want to consider. I'll start off with some of my personal favorite communities and mention some of the notable characteristics which may help. Rogers Ranch is not too far from where I office out of and Rogers Ranch has a wide variety of homes in a fairly vast price range. Homes can be found in Rogers Ranch in the $200's and can go up from there. The average home price definitely depends on which part of Rogers Ranch you might consider buying. The last buyer I worked with found a great Monticello home in the Point Bluff area of the community. That area is really beautiful. Many of the homes come on greenbelt lots and some of them have great views. These lots and homes are limited, but well worth searching for. There are a few custom home builders in this area among them are Monticello, Mike Hollaway and Belmont Custom Homes and they all, from what I have seen, make a very nice product. One can expect to pay anywhere from the $400's to the $800's on average to live in this area. At the top are the Sitterle Garden Homes at Point Bluff which are also a great option for anyone who does not want to be bothered by lawn maintenance or a large yard. Many of the homes in this area look very similar and have a Spanish Mediterranean look to them. Quite a few of the homes in the Sitterle area of Point Bluff also come with beautiful views. The rest of the areas in Rogers Ranch provide a great area to raise a family and vary in price range.

On to another subdivision that I think may go overlooked by some is the Lookout Canyon area off overlook parkway--no pun intended. This master planned area is also a great place to raise a family and has an elementary school right there in the heart of the community. There are plenty of neighborhoods with homes in different price ranges in this area. Lookout Canyon is just outside the city so homeowners are able to avoid city taxes at least for now and there are homes built by a wide range of reputable builders in the area.

Trinity Oaks is another nice community in the northern section of San Antonio off of HWY 281. This community has had a multitude of homes come onto the market causing much competition among sellers in the area. This is to include the new home builders in the area. I have seen some of their products and I was very impressed with the size and quality of home that one can attain for the money in this community. Some of the homebuilders in the Trinity Oaks subdivision include Japhet, David Weekly, Woodside and Perry homes. I personally believe this is one of the best places to search for anyone looking for spacious one story homes for under $300,000 on average. Many of the homes have greenbelt locations and occasionally some come available with beautiful views of the Hill Country. Due to individuals pricing their homes correctly as well as builders pricing the new homes well I have seen a very big drop in inventory in this area which leads me to believe that it is somewhat recovering from the high supply that is was faced with a short while ago.

Indian Springs is another not so obvious choice for buyers looking to live in the outskirts of San Antonio in the North Central area. This area has some very nice homes which have been built by reputable builders such as Wilshire homes and DR Horton Homes. There are a vast amount of homes available in this area and often with high supply comes better prices. My advice would be to check into this area to see if there might be a home that might meet your needs as it is a growing area and there may be good prices on quality homes. Indian Springs seems to be somewhat of a success for people looking for quality homes next to quality shopping and dining. This is a few miles north on Bulverde road north of Evans and is connected to Bulverde Village which is another Master planned community that might be one to consider. The homes for sale in Bulverde Village may be a bit less expensive on average as they have some more affordable price points in that area which make it a win-win for most home buyers. Bulverde Village also has a nice park like area and communities offer pools for the residence which offer a nice place to relax or take the kids during the long summer. Check to make sure your prospective community offers all the amenities that may be important to you as they are different throughout the Bulverde Village and Indian Springs area. With the abundance of homes for sale in both of these areas there is likely to be something of interest for buyers looking to spend anywhere from the $140's to the $250's on average.


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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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