The San Antonio metro continued its sizzling year-on-year growth, beating last year’s metrics in virtually every category.
With cities across the country affected by the COVID pandemic, home sales in San Antonio grew 16% on average while total sales increased by a whopping 32%—compared to “just” 7% year-on-year growth last month.
“The significant growth in sales, compared to last year, shows the housing sector as a possible factor to move the economy forward,” said Kim Bragman, SABOR's 2020 Chairman of the Board. "We are hopeful to see a positive growth of sales for the remainder of the year."
Even more amazingly, Bexar county total homes sales are screaming past other major Texas counties.
Bexar clocked in at a blistering 8.2% year on year growth, in comparison to more pedestrian year-over-year increases of 1.4 percent in Harris County, and 1.2 percent in Dallas County.
Showing continued strength, the San Antonio currently market holds just 2.3 months worth of housing inventory with an average time on market of only 53 days: Nearly twice as good as the rule-of-thumb national averages.
To learn more, please contact JBGoodwin REALTORS® San Antonio today at 210-787-3759!
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