Is Shavano Park, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Shavano Park was a Seller's Market.
Key Takeaway
Shavano Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Shavano Park, TX
How much do homes in Shavano Park, TX cost?
Median Sold Price
$839,500
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Shavano Park have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Shavano Park was $839,500 in March 2024, up 8.3% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $575K | $601K | +4.5% |
| 3 Bedrooms | $730K | $750K | +2.7% |
| 4 Bedrooms | $700K | $987.5K | +41.1% |
| 5+ Bedrooms | $1.2M | $1.5M | +22.9% |
Summary: Shavano Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 41.1%, and 5+ bedroom homes increased by 22.9%.
Median Sold Price Compared To Nearby Cities
| Shavano Park | $775K | $839.5K | +8.3% |
| San Antonio | $284K | $294.9K | +3.9% |
| San Antonio North | $420K | $424.9K | +1.2% |
Housing Supply in Shavano Park, TX
How many homes are available in Shavano Park, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Summary: The Shavano Park real estate market had 21 homes for sale in March 2024, a 10.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Shavano Park housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shavano Park, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Shavano Park in March 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Shavano Park, TX
How long does it take to sell a home in Shavano Park, TX?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 109 Days | 202 Days | +85.1% |
Summary: Homes in Shavano Park had an average of 202 days on market in Mar 2024, up by 85.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Shavano Park are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 1 homes were sold in Shavano Park; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.