San Antonio, TX home prices and housing market

San Antonio home values are down about 4 percent this year, and sellers are cutting prices to get deals done. If you are thinking about selling, here is what this shift means for you. The typical home here is now worth about two hundred twenty-three thousand dollars, down 3.7 percent from a year ago. There are about eight thousand homes for sale, and the median listing sits for sixty-three days, so buyers have time and choices. More than a quarter of active listings have already taken a price cut. Here is the turn: the median asking price is about two hundred seventy thousand dollars, roughly forty-seven thousand dollars above the typical home's value, and around two thousand one hundred new listings hit the market anyway. That gap tells you why homes sit and why cuts keep coming. The sellers getting deals done are pricing at or below the market from day one, not starting high and chasing buyers down. So if you sell this fall, price to today's value, not last year's, and expect some negotiation. To see what your home is actually worth right now, get a free estimate at Home Value Pros dot com.