San Antonio Home Market Trend Better for buyers

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The local real estate market shows signs that they become more buyer -friendly, as can be seen this week from the San Antonio Board of Realtors this week.

Sales with homes fell by one percent in April compared to the same month from 2024. In the same comparison, medium -sized property prices decreased by 3% to $ 304,000. And inventory or the number of houses that are also offered for purchase to the rose. The new lists rose by six percent and brought active entries to 19%.

Sales, falling prices and more houses to decrease on the market – all of this means that buyers gives more scope to create a counter offer for the listed prices.

The board reports that the sales have not increased as one could expect with these “purchase” signs. In fact, sales decreased by 13% in April compared to the same month of the previous year.

Sabor suggests that local buyers are careful due to the wider economy.

Reagan Williamson, Chairman of Sabor, said that buyers may have more negotiation power on the current real estate market, sellers must be more strategic for pricing and presentation in order to make their houses outstanding.

A total of 3,029 houses sold in the area in April. Houses stayed on the market for an average of 70 days before they were caught by buyers – but that is still better than the regional average, Sabor reported.