Is San Antonio Northwest, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, San Antonio Northwest has remained a Seller's Market.
Housing Prices in San Antonio Northwest, TX
How much do homes in San Antonio Northwest, TX cost?
Median Sold Price
$315,624
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in San Antonio Northwest was $315,624 in March 2024, down 1.4% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $122K | $125K | +2.5% |
2 Bedrooms | $208.5K | $198.7K | -4.7% |
3 Bedrooms | $289.9K | $285K | -1.7% |
4 Bedrooms | $381.8K | $374.4K | -1.9% |
5+ Bedrooms | $486.1K | $475K | -2.3% |
Summary: San Antonio Northwest housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 2.3%.
Median Sold Price Compared To Nearby Cities
San Antonio | $284K | $294.9K | +3.9% |
Leon Valley | $281.5K | $279K | -0.9% |
San Antonio Northwest | $320.2K | $315.6K | -1.4% |
Helotes | $476K | $415.1K | -12.8% |
Housing Supply in San Antonio Northwest, TX
How many homes are available in San Antonio Northwest, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,351 | 1,472 | +9.0% |
Summary: The San Antonio Northwest real estate market had 1,472 homes for sale in March 2024, a 9.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 14 | +16.7% |
2 Bedrooms | 59 | 64 | +8.5% |
3 Bedrooms | 640 | 688 | +7.5% |
4 Bedrooms | 532 | 574 | +7.9% |
5+ Bedrooms | 108 | 132 | +22.2% |
Summary: The San Antonio Northwest housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
237 | 246 | +3.8% |
Asking Price vs. Sold Price
145 Homes Were Sold
Under Asking
70 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Summary: A total of 246 homes were sold or pending in San Antonio Northwest in March 2024, up by 3.8% month-over-month. Of the 246 sold homes, 59% were sold under asking, 28% were sold at asking, and 13% were sold over asking.
Days on Market for San Antonio Northwest, TX
How long does it take to sell a home in San Antonio Northwest, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
68 Days | 83 Days | +22.8% |
Summary: Homes in San Antonio Northwest had an average of 83 days on market in Mar 2024, up by 22.8% compared to last year.
Breakdown of Home Sale Times
65 Homes Were Sold
Under 30 Days
86 Homes Were Sold
In 30 - 90 Days
95 Homes Were Sold
Over 90 Days
Summary: During March 2024, 246 homes were sold in San Antonio Northwest; 26% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 39% of homes were sold over 90 days.