Is San Antonio West, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Antonio West is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, San Antonio West has remained a Seller's Market.

Key Takeaway

San Antonio West is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in San Antonio West, TX

How much do homes in San Antonio West, TX cost?

Median Sold Price

$299,918

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$4,622(-1.5%)

Key Takeaway

Homes in San Antonio West have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in San Antonio West was $299,918 in May 2024, down 1.5% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $197K-
N/A
2 $230K$280K
+21.7%
3 $271.9K$265K
-2.6%
4 $335.2K$324.9K
-3.1%
5+ $380K$363.2K
-4.4%

Summary: San Antonio West 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 21.7%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 4.4%.

Median Sold Price Compared To Nearby Cities

Castroville-LaCoste
+8.3%
San Antonio West
-1.5%

Housing Supply in San Antonio West, TX

How many homes are available in San Antonio West, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1,5661,684+7.5%

Summary: The San Antonio West real estate market had 1,684 homes for sale in May 2024, a 7.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 4767
+42.6%
3 689743
+7.8%
4 679726
+6.9%
5+ 150147
-2.0%

Summary: The San Antonio West 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 increased by 42.6%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes decreased by 2%.

Number of Homes Sold

Apr 2024May 2024CHANGE
270283+4.8%

Asking Price vs. Sold Price

153 Homes Were Sold
Under Asking

81 Homes Were Sold
At Asking

49 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Antonio West, you may be able to get a good deal. 54.1% of homes here sold below asking price last month.

Summary: A total of 283 homes were sold or pending in San Antonio West in May 2024, up by 4.8% month-over-month. Of the 283 sold homes, 54% were sold under asking, 29% were sold at asking, and 17% were sold over asking.

Days on Market for San Antonio West, TX

How long does it take to sell a home in San Antonio West, TX?

Average Sale Time

May 2023May 2024CHANGE
66 Days76 Days+15.5%

Summary: Homes in San Antonio West had an average of 76 days on market in May 2024, up by 15.5% compared to last year.

Breakdown of Home Sale Times

93 Homes Were Sold
Under 30 Days

108 Homes Were Sold
In 30 - 90 Days

82 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in San Antonio West has remained consistent over time.

Summary: During May 2024, 283 homes were sold in San Antonio West; 33% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in San Antonio West, TX

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