Is Alamo Heights, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Alamo Heights was a Buyer's Market.
Housing Prices in Alamo Heights, TX
How much do homes in Alamo Heights, TX cost?
Median Sold Price
$708,000
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Alamo Heights was $708,000 in April 2024, up 11.1% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $507.5K | - | N/A |
2 Bedrooms | $464.6K | $446.2K | -4.0% |
3 Bedrooms | $652.5K | $692.5K | +6.1% |
4 Bedrooms | $897.5K | $912.5K | +1.7% |
5+ Bedrooms | $872K | $1.3M | +58.7% |
Summary: Alamo Heights housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 58.7%.
Median Sold Price Compared To Nearby Cities
Alamo Heights | $637.5K | $708K | +11.1% |
San Antonio | $285.6K | $295.1K | +3.3% |
San Antonio Central | $228.6K | $228.3K | -0.1% |
Terrell Hills | $790K | $725K | -8.2% |
Housing Supply in Alamo Heights, TX
How many homes are available in Alamo Heights, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 | 57 | +11.8% |
Summary: The Alamo Heights real estate market had 57 homes for sale in April 2024, a 11.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 22 | 21 | -4.5% |
4 Bedrooms | 19 | 23 | +21.1% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Alamo Heights housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 15 | +150.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Alamo Heights in April 2024, up by 150.0% month-over-month. Of the 15 sold homes, 73% were sold under asking, 20% were sold at asking, and 7% were sold over asking.
Days on Market for Alamo Heights, TX
How long does it take to sell a home in Alamo Heights, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 66 Days | -6.8% |
Summary: Homes in Alamo Heights had an average of 66 days on market in Apr 2024, down by 6.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Alamo Heights; 47% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.