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Spring 2012 Market Update
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.
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| Average Home Price | $175,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 0-5% |
| Average Time on Market | 60-90 days |
| Best Selling Price Range | $100,000 - $149,000 |
| Worst Selling Price Range | $300,000 - $349,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | No Change |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Schertz is | No Change |
| Seller Activity for the past 90 days in Schertz is? | Increasing |
| 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. |
| 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 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. |
| 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 |
| Greatest Activity | Repeat Buyers |
| 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. |
| Nearest Metro Area | San Antonio |
| 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. |
| Average Sold Price | $175,000 - View Graph Trend |
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Brayson Verzella
Keller Williams Realty Heritage
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