Relocating to San Antonio | Year-to-Date Numbers paint steady picture of San Antonio market

Jul. 14th, 2010

Year-to-Date Numbers paint steady picture of San Antonio market

For Immediate Release:

San Antonio Board of REALTORS® releases June 2010 real estate statistics

San Antonio, TX – July 14, 2010 - According to the June 2010 Multiple Listing Service report by the San Antonio Board of REALTORS® (SABOR), year-to-date single-family residential sales are up 13 percent when compared to year-to-date numbers from 2009. For the month of June, the average price remained steady when compared to last June with a zero percent change. The average and median prices year-to-date were slightly down when compared to this same time period a year ago.

“The trends for 2010 have been good thus far” said Marietta Alba, the San Antonio Board of REALTORS® 2010 Chairman of the Board. “Sales have remained strong and the average and median prices are only down slightly compared to a year ago.”

San Antonio continues to have a small percentage of lender-owned sales year-to-date. Currently, only 11.8% of sales year-to-date are lender-owned sales.

Additionally, sales continue to remain at affordable prices. The majority of sales have fallen under $200,000 all year, and June was no different. Approximately 67.5% of sales fell under $200,000 in June 2010.

“San Antonio really is a great city in which to live,” said Angela Shields, SABOR CEO. “Our steady market keeps our area affordable, especially as interest rates remain low. We have not seen the highs and lows that other areas have experienced.”

About the Company:

The San Antonio Board of REALTORS® is the largest professional and trade organization in San Antonio and represents over 7,000 REALTOR® members. SABOR is one of over 1,600 local boards and 54 state and territory associations of REALTORS® nationwide that make up the National Association of REALTORS® (NAR). Please visit SABOR.com for more information.

San Antonio Board of REALTORS
(210) 593-1200