Schertz Real Estate Market Conditions & Reports, Schertz Market Trends, Texas

Market Commentary Provided by Brayson Verzella
Schertz was rated #40 best place to live in America by Money magazine. If San Antonio is rated in the top 5 recession proof cities and Schertz is one of the more desireable places in the San Antonio area than it is no wonder why Schertz is a booming city with a variety of unique businesses and neighborhoods which all add to the appeal of this beautiful area.

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
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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

Homes which are conditioned well and priced right are still selling quickly in Schertz. Although average days on market is still higher than usual unique homes with unique characteristics and desireable features are still selling quickly

Average Home Price

$175,000 - View Graph Trend

Best Selling Price Range

$100,000 - $149,000

Worst Selling Price Range

$300,000 - $349,000

Compared to Last Year

Up 0-5%

Prices As % of Asking Price

95-100%

Multiple Offers?

Yes

Multiple Offers Commentary

Sellers who have their homes priced well and who have their homes in good condition are receiving multiple offers here and there. Though multiple offers is are not commonplace Schertz is one of the more competitive areas in the San Antonio metro area due to affordable home prices and the desireability of the area.

Greatest Activity

Repeat Buyers

Buyer Activity for the past 90 days in Schertz is

No Change

Seller Activity for the past 90 days in Schertz is

Increasing

Is Financing Available For Qualified Buyers in Schertz?

Yes

Comments on Financing For Qualified Buyers

Financing is available for qualified buyers who are interested in the Schertz area. Our preferred loan officers are also quickly recommended for buyers who need quick, efficient and expert assistance.

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

The city of Schertz is a great place to live and there are numerous different hot spots throughout the area. Some of the newer communities in the area include Kramer Farm with homes built by Pulte and Mesa Oaks with homes built by Wilshire and Plantation. Jonas Woods is another beautiful neighborhood which has many available homes with established trees and yards.

Reason to Buy/Sell

Lower prices with good selection and competitive interest rates creates a perfect time to buy in Schertz! Schertz is a growing community which is very desireable near the San Antonio Metro Area. Due to its proximity to many local employers ans well as Ft. Sam and Randolph Air Force Base Schertz will continue to have resistance to the recession. Shopping and restaraunts are all easily accessible from anywhere in the Schertz area and due to its low crime hospitable feel Schertz will continue to attract new residents both new and repeat.

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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