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