Thursday, September 15, 2011

August Sales Up in San Antonio in 2011 over 2010

In a recent article in, the number of reported home sales in August of 2011 in San Antonio showed a 10% improvement over the home sales of 2010.  There were 1771 homes sold that month versus 1617 sold in August a year earlier.  Unfortunately, home prices were down 6% from the previous year.  The lower median price indicates stronger sales in the lower price ranges during the economic downturn. 

What does the future hold?  San Antonio hopes to buck the national expectations of lower sales throughout the first quarter of 2012.  Time will tell.