San Antonio Keeping Pace with Strong Texas Real Estate Market
A recent report released by the San Antonio Board of Realtors confirmed that home sales and average sales price remain on the rise throughout the Greater San Antonio area. Per the report, San Antonio’s home sales rose 5 percent, with 2,551 homes sold in August. The average sales price increased by 7 percent to $237,168.
According to Angela Shields, SABOR’s President & CEO, those numbers are on pace with the rest of Texas.
“We are right on par with the rest of the state in terms of sales and price growth, Texas reported a five percent growth in total sales for August as well as a six percent increase in average sales price.”
SABOR Multiple Listing Service Report: Home Sales Recap
|August 2013||August 2014||August 2015|
|Total Month Sales||2,416 (+15%)||2,427 (+2%)||2,551 (+5%)|
|Average Price||$209,413 (+7%)||$222,385 (+6%)||$237,168 (+7%)|
|Median Price||$175,100 (+8%)||$182,900 (+5%)||$197,100 (+8%)|
*Percentage increases are based on a year-over-year comparison.
With San Antonio’s real estate market continuing to flex its muscles, investors in A List Partners REI Fund I are poised to reap the benefits of the eleven San Antonio projects currently within its portfolio.
Contact A List Partners for more information on all San Antonio projects and how to become an investor in our strong portfolio of real estate projects.