
"In November, home prices fell moderately from the month before, with a median listing price of $289,990. The number of listings on the market shrank 1.2% from last month, which is a bigger decrease than normal for this time of the year in San Antonio, and homes are also selling at the same pace as the same time last year."
"Typically, home price per square foot in San Antonio tend to rise in November. But the most recent data shows that the price per square foot decreased by 0.9% compared with the month before. So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 1.2%, which means price changes in the Alamo City are smaller the national market."
"In November, there were 7,447 homes for sale in San Antonio, which was 1.2% less than the month before and 13.3% more than the same time last year. Meanwhile, active inventory across the nation fell by 2.5% from last month to 1,072,266. Homes in San Antonio take an average of 66 days to sell, according to November figures. This is four days less than the previous month and the same as the same month last year."
In November, San Antonio's median listing price was $289,990, reflecting a moderate monthly decline. Listings shrank 1.2% from October, a larger-than-normal seasonal decrease, while inventory totaled 7,447 homes, up 13.3% year-over-year. Price per square foot fell 0.9% month-over-month, smaller than the national per-square-foot decline of 1.2%. Homes averaged 66 days on market in November, four days faster than October and identical to the same month last year. Nationally, active inventory fell 2.5% to 1,072,266 listings and average days on market were 64 in November. Realtor.com provides state, metro, and ZIP code–level market data and live listings for San Antonio.
Read at SFGATE
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