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 May 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
$315,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in San Antonio Northwest was $315,000 in May 2024, down 4.9% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $126.2K | $122K | -3.3% |
2 Bedrooms | $213.2K | $195K | -8.6% |
3 Bedrooms | $290.2K | $281.4K | -3.0% |
4 Bedrooms | $385K | $375K | -2.6% |
5+ Bedrooms | $505K | $484.9K | -4.0% |
Summary: San Antonio Northwest housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.3%, 2 bedroom homes decreased by 8.6%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 4%.
Median Sold Price Compared To Nearby Cities
San Antonio | $299.9K | $295K | -1.6% |
Leon Valley | $280K | $270K | -3.6% |
San Antonio Northwest | $331.1K | $315K | -4.9% |
Helotes | $442.3K | $415K | -6.2% |
Housing Supply in San Antonio Northwest, TX
How many homes are available in San Antonio Northwest, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,487 | 1,688 | +13.5% |
Summary: The San Antonio Northwest real estate market had 1,688 homes for sale in May 2024, a 13.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 11 | 0.0% |
2 Bedrooms | 57 | 65 | +14.0% |
3 Bedrooms | 668 | 760 | +13.8% |
4 Bedrooms | 621 | 705 | +13.5% |
5+ Bedrooms | 130 | 147 | +13.1% |
Summary: The San Antonio Northwest housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 13.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
302 | 301 | -0.3% |
Asking Price vs. Sold Price
183 Homes Were Sold
Under Asking
74 Homes Were Sold
At Asking
43 Homes Were Sold
Over Asking
Summary: A total of 301 homes were sold or pending in San Antonio Northwest in May 2024, down by 0.3% month-over-month. Of the 300 sold homes, 61% were sold under asking, 25% were sold at asking, and 14% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
60 Days | 60 Days | 0.0% |
Summary: Homes in San Antonio Northwest had an average of 60 days on market in May 2024, up by 0% compared to last year.
Breakdown of Home Sale Times
124 Homes Were Sold
Under 30 Days
113 Homes Were Sold
In 30 - 90 Days
64 Homes Were Sold
Over 90 Days
Summary: During May 2024, 301 homes were sold in San Antonio Northwest; 41% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.