San Antonio West Real Estate Market Conditions & Reports, San Antonio West Market Trends, Texas

Market Commentary Provided by Brayson Verzella
If you can qualify, now is an exceptional time to buy a home in San Antonio West. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 210-204-6284. Please feel free to call us or e-mail us for free Buyer Representation assistance before purchasing your next home.

Report Date

Fall 2009

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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

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

Homes in the San Antonio west area are selling when priced correctly and conditioned well. Overpricing has been the downfall of what might have otherwise been a successful sale.

Average Home Price

$150,000 - 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

Due to affordability and homes which could be considered good deals coming on to the market multiple offers are popping up occasionally.

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in San Antonio West is

Increasing

Seller Activity for the past 90 days in San Antonio West is

Increasing

Is Financing Available For Qualified Buyers in San Antonio West?

Yes

Comments on Financing For Qualified Buyers

Financing is available for qualified buyers interested in the San Antonio West area. Please feel free to call us as we will be happy to refer you to one of our experienced preferred mortgage partners.

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

Much of the area off of Potranco road is considered a San Antonio West Housing hotspot. There are nice affordable communities inside and outside Loop 1604. We also have another HouseHunt website dedicated to Alamo Ranch which is quickly becoming one of the most desireable places in the western San Antonio area.

Reason to Buy/Sell

Population Growth

Average Sold Price

$150,000 - 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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