Thursday San Antonio Real Estate Things

Katie Burke with the San Antonio Business Journal wrote about the contentious San Antonio Board of Realtors meeting that removed the Chairwoman.

The San Antonio Business Journal also announced the finalists for top luxury real estate teams, top teams and top farm and ranch agents. Jason Glast Luxury is in the running for top luxury real estate team that we won last year. But, as they say in Hollywood, it's an honor just to be nominated. The awards get handed out on April 20th.

I've yet to see a well-known custom luxury builder in San Antonio get in this much hot water as this Dallas builder is in.

Monday San Antonio Real Estate Things

According to SABOR data, the standard single family home market and the ultra luxury home market are completely opposite right now.

For the 99% of greater San Antonio area homes that sell for less than $1,000,000, the number of sales are down but the sales prices are up. For million dollar homes the number of sales are up but prices are down.

The number of million dollar sales is up but the sales prices are down

The number of sales of all single family homes fell 17% in the greater San Antonio area in March compared to March 2016. The sales price of single family homes in March 2017 increased 7.2% compared to March 2016.

First Quarter million dollar and up sales in the greater San Antonio area:
Q1 2017 vs. 2016 - Number of million dollar sales are up 40%
Q1 2017 vs. 2016 - Average million dollar plus sales price has decreased 6.3%
Q1 2016 - 26 sales at an average sale of $1,499,250
Q1 2017 - 39 sales at an average of $1,408,247

Joshua Fletcher writes in the Express-News about the growing controversy about owners renting their property short term through Airbnb

Colleen Casey with Phyllis Browning Co. has a beautiful new listing in historic Monte Vista

Saturday San Antonio Real Estate Links

 

Links for Saturday, April 1, 2017

Amber Thomas of Platinum Top-50 fame announced the 2017 Luxury League.

Elizabeth Priest with Jason Glast Luxury (part of Portfolio Real Estate KW) was a repeat winner.

Exciting adaptive reuse at Battalion, restauranteur Andrew Goodman's latest in an old fire station near Hemisfair Park

The San Antonio Board of Realtors (SABOR) is facing a controversy about its leadership

Adrianne Frost with Phyllis Browning Company has a precious listing in Monte Vista for $599,000 at 206 W. Hollywood and it's open from 2-5 p.m. Sunday

My pretty listing at 114 Lismore in Waterford Heights, offered at $1,350,000, went under contract yesterday.

A little west coast bonus, my friend Brent Chang, a luxury real estate star in Southern California, just listed a significant Neutra mid-century modern restored to perfection in Pasadena.  It's the LA Times Home of the Day