San Antonio housing market staying hot
June 19, 2019 5:13AM CDT
SAN ANTONIO (KTSA News) — Affordability and quality of life are helping to keep San Antonio’s home sales sizzling.
Single-family home sales were strong in May.
The San Antonio Board of Realtors is reporting that homebuyers closed on more than 36-hundred homes. That’s an increase of ten-percent than the same month last year.
Also attracting more families and businesses, low mortgage rates.
The median price of an existing home in San Antonio is now 238-thousand-dollars, up three-percent from last May. SABOR says inventory is low and that is helping to drive prices up.
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