San Antonio Real Estate Market Update: February 2025

San Antonio Real Estate Market Update: February 2025

As we move further into 2025, the San Antonio housing market continues to show steady activity. According to the latest data from the San Antonio Board of Realtors (SABOR), February saw an increase in both home sales and home prices, while inventory levels continue to gradually rise. Let’s break down the key statistics and what they mean for buyers and sellers in today’s market.

Key Market Highlights for February 2025

• Total Home Sales: 2,407 homes were sold, reflecting an 8% increase compared to February 2024.

• Average Home Price: $356,165, marking a 2% rise year-over-year.

• Median Home Price: $289,995, with a slight 2% decline.

• Days on Market: Homes took an average of 83 days to sell, increasing by 1%.

• Price Per Square Foot: Held steady at $171, a 1% decrease.

• Months of Inventory: Increased to 4.90 months, indicating a shift toward a more balanced market.

• Close to Original List Price: Sellers received an average of 93.1% of their original asking price.

• Average Residential Rental Price: $1,793.

What This Means for Buyers

If you’re in the market for a home, the rise in inventory means more options to choose from. However, homes are still moving at a steady pace, so having a well-prepared offer strategy is key. With median prices slightly down and interest rates remaining a factor, now may be a good opportunity to explore available listings and find a home that fits your needs and budget.

What This Means for Sellers

With home prices holding strong and sales increasing, sellers remain in a solid position. However, as inventory rises, strategic pricing and marketing will be crucial in attracting buyers. Proper home preparation and working with an experienced real estate professional can help ensure your home stands out in a competitive market.

New & Active Listings

• New Listings: 4,463 (up 10% from last year)

• Active Listings: 14,330 (up 20%)

• Pending Listings: 2,475 (up 17%)

Market Trends by Price Range

• $0 - $199,999: 17.49% of sales

• $200,000 - $499,999: 66.89% of sales

• $500,000 - $749,999: 10.47% of sales

• $750,000+: 5.15% of sales

Final Thoughts

The San Antonio real estate market remains active, with strong sales and rising inventory levels providing opportunities for both buyers and sellers. If you’re thinking about making a move, let’s discuss your goals and how we can navigate the current market together.

For more details or to get started on your home buying or selling journey, reach out today!

📩 Contact Me: buyandsellwithkimberlybell@gmail.com | 📞 210-845-4189

Data sourced from the San Antonio Board of Realtors (SABOR). Market trends are subject to change.