Is Shavano Park, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Shavano Park has remained a Seller's Market.
Key Takeaway
Shavano Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shavano Park, TX
How much do homes in Shavano Park, TX cost?
Median Sold Price
$765,125
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Shavano Park have sold for 4.2% less than they did a year ago.
Summary: The median home sold price in Shavano Park was $765,125 in May 2024, down 4.2% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $575K | $601K | +4.5% |
| 3 Bedrooms | $746K | $725K | -2.8% |
| 4 Bedrooms | $829K | $775K | -6.5% |
| 5+ Bedrooms | $1.3M | $1.5M | +14.3% |
Summary: Shavano Park housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.5%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 14.3%.
Median Sold Price Compared To Nearby Cities
| San Antonio North | $424.6K | $430K | +1.3% |
| San Antonio | $299.9K | $295K | -1.6% |
| Shavano Park | $798.5K | $765.1K | -4.2% |
Housing Supply in Shavano Park, TX
How many homes are available in Shavano Park, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 24 | 23 | -4.2% |
Summary: The Shavano Park real estate market had 23 homes for sale in May 2024, a 4.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 8 | 4 | -50.0% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Shavano Park housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Shavano Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Shavano Park in May 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Shavano Park, TX
How long does it take to sell a home in Shavano Park, TX?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 51 Days | 158 Days | +209.8% |
Summary: Homes in Shavano Park had an average of 158 days on market in May 2024, up by 209.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Shavano Park are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 4 homes were sold in Shavano Park; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.