San Antonio, TX – The San Antonio housing market in July reflected a mix of higher prices and reduced sales activity, underscoring shifting dynamics as buyers and sellers adapt to changing conditions, according to the latest Multiple Listing Service (MLS) Report from the San Antonio Board of REALTORS® (SABOR). A total of 2,915 homes were sold in July, marking a 10% year-over-year (YoY) decrease.
Despite fewer sales, both median and average prices continued to rise. The median price reached $330,000, up 4% YoY, while the average price climbed to $401,703, a 7% YoY increase, demonstrating persistent demand, especially in mid- and upper-tier segments of the market.
Inventory levels remained elevated, providing buyers with more choices and greater leverage in negotiations. Active listings increased 14% YoY to 17,131, while new listings held steady at 4,921, showing no change from last year. Pending sales dropped 24% to 2,288, reflecting a cautious approach among buyers. The months of inventory rose to 6.12, indicating slightly more supply than demand. This additional supply often gives buyers more negotiating power, can slow price growth over time, and may lead to longer days on the market.
“Prices remain strong, but with increased inventory and longer days on market, buyers are taking the time to weigh their options,” said Ed Zapata, SABOR’s 2025 Chair of the Board. “Success for both buyers and sellers comes from being prepared and strategic in today’s market.”
Key Market Highlights for July 2025
• Close to Original List Price: 93.9% of homes sold close to their original list price.
• Days on Market (DOM): Homes averaged 74 days on the market, a 16% YoY increase.
• Price per Square Foot: Averaged $181, reflecting a 1% YoY increase.
• Average Residential Rental Price: $1,914.
• Active Residential Rental Listings: 4,773 available rental properties, a 20% YoY increase.
Bexar County Market Trends
Market activity in Bexar County reflected similar trends to the broader region, with steady price growth alongside slower sales. The county recorded a median price of $310,000, up 3.5% YoY. Buyers continue to benefit from a variety of options as inventory expands, while sellers remain supported by stable pricing conditions.
Texas Real Estate Trends
Across Texas, 29,818 homes were sold in July, a 3.6% YoY increase. The statewide average price rose to $440,792, a 1% YoY gain, while the median price dipped slightly to $345,000, a 1.1% decrease YoY.
SABOR Multiple Listing Service Report: Home Sales Recap
| July 2023 | July 2024 | July 2025 |
Total Month | 3,105 homes | 3,331 homes | 2,915 homes |
Average Price | $ 387,501 | $ 376,289 | $ 401,703 |
Median Price | $ 323,000 | $ 320,000 | $ 330,000 |
*Percentage increases/decreases are based on a year-over-year comparison.
For more information, visit www.sabor.com.
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