Greetings, San Antonio Buyers and Sellers!
Today, we bring you an exhilarating update on the latest real estate trends from the Garza Home Team at RE/MAX North San Antonio. As of June 2023, the San Antonio housing market is teeming with opportunities for both buyers and sellers.
Inventory Update: We are witnessing a slim 2.18 Months Supply of Inventory, signifying that homes are in high demand and selling rapidly. For those considering a move, now is the perfect time to seize the opportunity and make your mark in this bustling market.
Growing Demand: Over the last 12 months, there has been a remarkable +75.81% increase in the Months Supply of Inventory. This surge in demand indicates that San Antonio continues to be a coveted destination for prospective homebuyers. The city’s charm, amenities, and opportunities have been drawing people from all walks of life.
Competitive Pricing: To our sellers, we bring fantastic news! The List to Sold Price percentage stands strong at 99.3%. This statistic reveals that homes are fetching prices close to their listing amounts, offering you the assurance that your investment is in good hands.
Fast Transactions: San Antonio’s real estate market is in constant motion, with a median days on market of just 11 days. To our buyers, we advise you to be nimble and well-prepared when considering a property. And to our sellers, celebrate the potential for a swift sale and a smooth transaction process.
Value Appreciation: The median Sold Price currently sits at $310,000, indicating an ongoing appreciation in San Antonio’s housing market. This thriving city provides an excellent environment for your investment to grow and flourish over time.
Whether you are a first-time buyer or an experienced seller, the Garza Home Team is here to guide you through the exciting opportunities in San Antonio’s real estate landscape. With our expertise and dedication, we’ll work together to achieve your goals and make your dreams a reality.
For personalized assistance and tailored solutions, reach out to The Garza Home Team at RE/MAX North San Antonio. We are committed to helping you navigate this vibrant market with confidence and ease.
Stay tuned for more insightful updates, tips, and expert advice from the Garza Home Team as we continue to explore the dynamic world of San Antonio real estate. Happy house hunting and selling!
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