San Antonio Real Estate News

SAN ANTONIO HOUSING MARKET FACES MIXED TRENDS AS INVENTORY EXPANDS IN MAY

SAN ANTONIO HOUSING MARKET FACES MIXED TRENDS AS INVENTORY EXPANDS IN MAY

San Antonio, TX – The San Antonio housing market continued to display signs of rebalancing in May, with modest declines in sales and pricing even as inventory surged, according to the latest Multiple Listing Service (MLS) Report from the San Antonio Board of REALTORS® (SABOR). A total of 3,229 homes were sold in May, reflecting a 3% year-over-year (YoY) decrease. Despite fewer sales, both median and average home prices showed slight gains. The median price rose to $315,000 (up 2% YoY), while the average price increased to $378,746 (a 2% YoY increase), suggesting persistent demand in higher price ranges. However, buyers had more options to choose from, with a 20% increase in active listings compared to the previous year, reaching 16,482. New listings also ticked up by 1%, totaling 5,635, while pending sales saw a 16% drop, indicating a more cautious buyer pool. Inventory rose to 5.77 months, inching closer to a balanced market. “While we’re seeing slight price growth in the overall market, the increased inventory means buyers have the upper hand when it comes to negotiating,” said Reagan Williamson, SABOR’s 2025 Chair of the Board. “It’s a market that rewards preparation and pricing strategy—both for buyers and sellers.”

Key Market Highlights for May 2025

  • Close to Original List Price: 93.6% of homes sold close to their original list price.

  • Days  on  Market  (DOM):  Homes  averaged  72  days  on  the  market,  a  3%  YoY  increase.

  • Price per Square Foot: Averaged $176, representing a 1% decline from May 2024.

  • Average  Residential  Rental  Price:  Reached  $1,874.

  • Active Residential Rental Listings: 4,140 available rental properties.

Bexar County Market Trends

Market activity in May in Bexar County mirrored broader regional patterns, with a total of 2,123 homes sold, a 4.6% YoY decrease. The median home price declined to $295,000 (down 1.7%), while the average price dipped slightly to $351,142 (0.4% decrease YoY). The price per square foot fell 1.8% to $167.

Texas Real Estate Trends

Across Texas, home sales inched up 1.2% YoY, with 31,809 homes sold in May. The average price rose to $439,142 (1.2% increase YoY), while the median price stood at $345,000—a slight 1.2% YoY decrease. The price per square foot statewide was $191, reflecting a 2.1% drop YoY

SABOR Multiple Listing Service Report: November Home Sales Recap                 


 

May 2023

May 2024

May 2025

Total  Month

3,487  homes

3,472  homes

3,229  homes

Average  Price

$  388,593

$  371,202

$  378,746

Median  Price

$  324,750

$  314,000

$  315,000

*Percentage increases/decreases are based on a year-over-year comparison.

For more information, visit www.sabor.com.

210 Realty Group offers a wide range of Real Estate Services in metro San Antonio to help find your next forever home, sell your current home or expand your investment portfolio. Our agents have years of experience in and around San Antonio and are ready to tackle all your real estate needs. We know that buying & selling can be very stressful, which is why we cater our services to fit your specific needs. Give us a call today and see how 210 Realty Group can streamline the buying and selling process for you. We can help you determine what you should sell your current home for and what is a fair market price for your new home.

XAVIER TURPIN

210 Realty Group, LLC

Owner | Broker | Realtor® | Property Manager xavier@210realtygroup.com 210.593.8788

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