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San Antonio Housing Market

After a couple of month into 2017, san antonio’s area home sales continued on a steady pace increasing over 2016 numbers. a total of 1954 homes sold in february (49.5% were under $200,000). homes priced $200,000 to $500,000 accounted for 46.1%, and homes over $500,000 were 4.5% of the sales. the days on market averaged 63 (a significant drop from feb 1026). the housing inventory is just 3.3 months of product (18 months straight under 4 months). six months of inventory is considered to be a market evenly balanced for buyers and sellers. we continue to be a seller favored market.