san antonio redlining the real estate tachometer-housing market forecast and statistics
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San Antonio Housing MarketHousing trends, market data and what makes SA a great place to call home.
San Antonio Population
Growth
• City grew by 8.55% between 2010 and
2016, and is projected to grow an
additional 6.90% through the year 2021
• Metro area grew by 11.75% between
2010 and 2016, and is projected to grow
an additional 8.12% through the year
2021
• Combined, the four Texas metro areas -
Dallas, Houston, Austin and San Antonio
- added more people last year than any
single state.1960 1970 1980 1990 2000 2010
587,718
1,327,407
Pop
ula
tio
n
Annual Sales TrendsJanuary – November
Source: SABOR MLS
0
5,000
10,000
15,000
20,000
25,000
30,000
2012 2013 2014 2015 2016
18,483
21,60722,718
24,948
27,059
Total Sales by Price Range: Under $199,999January – November
12,300
12,400
12,500
12,600
12,700
12,800
12,900
13,000
13,100
13,200
13,300
Source: SABOR MLS2014 2015 2016
13,202
12,622
13,243
Total Sales by Price Range: $200,000 - $499,999January – November
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
2014 2015 2016
8,609
10,501
12,560
Source: SABOR MLS
Total Sales by Price Range: $500,000 and upJanuary – November
0
200
400
600
800
1000
1200
1400
1600
Source: SABOR MLS
2014 2015 2016
992
1,166
1,345
Months of Inventory by Year
Source: SABOR MLS
0
1
2
3
4
5
6
Jan Feb Mar April May June Jul Aug Sept Oct Nov
2013 2014 2015 2016
November 2016:
3.3 months
Total Monthly Active Listings by Year
Source: SABOR MLS
0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000
Jan
Feb
Mar
April
May
June
Jul
Aug
Sept
Oct
Nov
2016 2015 2014 2013
November 2016:
8,180
Days on Market by YearNovember
Source: SABOR MLS
0
10
20
30
40
50
60
70
80
Nov '13 Nov '14 Nov'15 Nov '16
75
68
6158
Year-to-Date Median Sales Price by YearJanuary – November
Source: SABOR MLS
$0
$50,000
$100,000
$150,000
$200,000
$250,000
2012 2013 2014 2015 2016
$160,100$170,200
$180,300
$192,600$203,700
Top MLS
Areas
By Sales and Median Price
Top 5 Areas by SalesJanuary – November
2016 2015 2014
Area Median Sales Area Median Sales Area Median Sales
2705 $217,500 1,474 2705 $204,975 1,371 2705 $189,900 1,179
0200 $161,750 1,358 0200 $150,000 1,260 0300 $139,900 1,133
1700 $150,000 1,341 1700 $138,000 1,189 0200 $140,000 1,132
0300 $159,900 1,152 0300 $148,500 1,105 0400 $159,000 986
0400 $182,000 995 0400 $175,000 1,030 1700 $121,500 949
Source: SABOR MLS
Top 5 Areas by Median PriceJanuary – November
2016 2015 2014
Area Median Sales Area Median Sales Area Median Sales
1003 $587,500 110 1003 $603,500 98 1003 $613,750 96
2510 $540,000 3 2506 $510,000 91 2506 $510,000 71
2611 $495,000 52 2611 $500,000 29 2507 $406,000 35
2506 $490,000 114 1004 $448,667 55 1004 $405,000 61
1004 $425,500 50 2509 $435,000 2 2611 $392,500 36
Source: SABOR MLS
Price Per Square Foot by Subdivision
Price Per Square Foot by SubdivisionJanuary – November 2016
Subdivision # Sales 2014 # Sales 2015 # Sales 2016 Price/Sq Ft 2014
Price/Sq Ft 2015
Price/Sq Ft 2016
Alamo Heights
111 114 106 $219.65 $219.08 $229.46
Alamo Ranch
324 399 438 $102.62 $101.32 $104.93
AnaquaSprings
5 7 6 $308.77 $217.64 $210.92
Apple Creek 27 23 36 $91.31 $100.35 $105.12
Bentley Manor
17 13 11 $206.35 $204.13 $204.96
Burning Tree 7 16 17 $88.75 $103.96 $115.56
Camino Real 9 4 7 $116.95 $116.70 $128.33
Canyon Springs
48 57 54 $119.00 $119.30 $125.95
Source: SABOR MLS
Price Per Square Foot by SubdivisionJanuary – November 2016
Subdivision # Sales 2014 # Sales 2015 # Sales 2016 Price/Sq Ft 2014
Price/Sq Ft 2015
Price/Sq Ft 2016
Carolina Crossing
22 14 28 $77.84 $83.53 $94.42
Castle Hills 85 82 92 $99.19 $112.01 $118.93
Cedar Springs
20 25 17 $90.09 $89.17 $98.77
Cibolo Canyons
64 60 56 $128.09 $117.64 $117.76
Colonies North
31 34 50 $88.79 $93.05 $107.82
Crownridge 31 28 29 $114.58 $121.15 $122.34
Deer Creek 30 32 39 $89.71 $93.95 $100.63
Deerfield 71 61 62 $121.46 $123.84 $128.87
Dellview 49 58 37 $72.62 $83.27 $96.88
Dover 52 49 51 $59.94 $63.55 $72.51Source: SABOR MLS
Price Per Square Foot by SubdivisionJanuary – November 2016
Subdivision # Sales 2014 # Sales 2015 # Sales 2016 Price/Sq Ft 2014
Price/Sq Ft 2015
Price/Sq Ft 2016
Elm Creek 19 29 24 $144.51 $138.76 $162.77
Fair Oaks 146 168 175 $133.58 $136.95 $137.13
Garden Ridge
14 18 17 $129.28 $128.35 $133.77
Government Hill
13 12 17 $59.57 $94.13 $96.96
Harlandale 97 120 124 $53.43 $61.30 $72.81
HarmonyHills
26 36 28 $92.07 $94.22 $100.04
Heritage Park
66 69 79 $75.71 $81.57 $91.07
Highland Hills
31 35 50 $61.90 $68.10 $78.20
Hollywood Park
57 48 52 $123.71 $135.23 $140.03
Source: SABOR MLS
Price Per Square Foot by SubdivisionJanuary – November 2016
Subdivision # Sales 2014 # Sales 2015 # Sales 2016 Price/Sq Ft 2013
Price/Sq Ft 2015
Price/Sq Ft 2016
Hunters Creek
43 38 37 $115.73 $119.48 $117.45
Inwood 54 66 62 $120.09 $122.41 $124.81
LacklandHeights
8 8 11 $68.89 $72.39 $80.85
Legacy Trails 14 17 15 $86.93 $93.11 $99.81
Longs Creek 83 52 79 $74.45 $75.81 $84.95
Los AngelesHeights
59 57 53 $59.49 $72.83 $71.75
Mesa Grande
24 23 15 $100.47 $110.19 $112.28
Monticello Park
30 44 37 $101.39 $114.93 $120.18
Source: SABOR MLS
Price Per Square Foot by SubdivisionJanuary – November 2016
Subdivision # Sales 2014 # Sales 2015 # Sales 2016 Price/Sq Ft 2013
Price/Sq Ft 2015
Price/Sq Ft 2016
Northern Hills
71 73 80 $78.86 $89.78 $93.10
NorthwestCrossing
136 153 134 $73.07 $78.10 $82.25
Oak Hills 46 43 42 $102.23 $100.96 $102.32
Oak Meadow
31 23 22 $96.67 $103.10 $106.40
Oakmont Downs
10 12 14 $85.92 $103.28 $98.92
Olmos Park 40 44 43 $207.19 $223.82 $220.31
Olympia 63 64 57 $92.74 $101.48 $103.28
Redbird Ranch
95 137 202 $86.91 $89.81 $91.24
RetamaRidge
17 18 14 $75.93 $80.30 $81.57
Source: SABOR MLS
Price Per Square Foot by SubdivisionJanuary – November 2016
Subdivision # Sales 2014 # Sales 2015 # Sales 2016 Price/Sq Ft 2014
Price/Sq Ft 2015
Price/Sq Ft 2016
River Rock Ranch
42 53 50 $122.43 $114.97 $118.65
Rogers Ranch
106 91 118 $123.55 $127.29 $132.19
San Pedro Hills
35 47 37 $95.42 $99.19 $108.82
Santa Fe 14 15 17 $89.99 $111.10 $109.28
Shavano Park
33 23 23 $145.22 $148.78 $154.83
Sonoma Ranch
124 115 120 $104.35 $111.52 $115.31
Sonterra 81 95 77 $114.50 $123.01 $127.15
Spring Creek 64 65 55 $94.10 $105.42 $105.67
Spring Vistas 59 60 72 $76.47 $81.43 $84.74
Source: SABOR MLS
Price Per Square Foot by SubdivisionJanuary – November 2016
Subdivision # Sales 2014 # Sales 2015 # Sales 2016 Price/Sq Ft 2014
Price/Sq Ft 2015
Price/Sq Ft 2016
SteubingRanch
81 50 77 $89.49 $91.46 $94.36
Summerfield 17 21 21 $106.01 $115.07 $119.11
Terrell Hills 157 194 186 $159.36 $175.00 $182.12
Triana 32 23 24 $133.57 $130.68 $131.31
Two Creeks 45 69 53 $106.27 $109.46 $112.22
The Vineyard
43 45 67 $130.81 $132.94 $149.63
Windcrest 79 80 96 $76.87 $81.38 $87.38
Woodlake 99 118 125 $71.64 $75.51 $79.72
Woodlawn Hills
6 3 3 $74.04 $75.46 $80.34
Woodstone 43 48 49 $77.09 $82.89 $90.89Source: SABOR MLS
Total Sales by Quadrant
Number of Sales: Under $199,000January – November 2016
Southwest Quadrant
Source: SABOR MLS
0
100
200
300
400
500
600
700
800
900
1000
2014 2015 2016
515
706
929
Includes MLS Areas: 2304, 2200, 2100, 2303, 2302, 2301
Number of Sales: Under $199,000January – November 2016
Southeast Quadrant
Source: SABOR MLS
0
100
200
300
400
500
600
700
800
2014 2015 2016
581614
747
Includes MLS Areas: 1900, 2001, 2002, 2003, 2004
Number of Sales: Under $199,000January – November 2016
Northeast Quadrant
Source: SABOR MLS
4250
4300
4350
4400
4450
4500
4550
2014 2015 2016
4,453
4,498
4,361
Includes MLS Areas: 1904, 1802, 1400, 1500, 1300, 1200, 1600, 2700, 1700
Number of Sales: Under $199,000January – November 2016
Northwest Quadrant
Source: SABOR MLS
5,000
5,050
5,100
5,150
5,200
5,250
5,300
5,350
5,400
5,450
5,500
2014 2015 2016
5,386
5,465
5,174
Includes MLS Areas: 2504, 2507, 2505, 2506, 2503, 2502, 2508, 2501, 1005, 1006,
1004, 1002, 1003, 1803, 1801, 0600, 0900, 1100, 0800, 0700, 0101, 0104, 0200,
0102, 0300, 0103, 0400, 0500, 0103, 0105, 1001
Number of Sales: $200,000 - $499,999January – November 2016
Southwest Quadrant
Source: SABOR MLS
0
10
20
30
40
50
60
70
80
2014 2015 2016
28
52
69
Includes MLS Areas: 2304, 2200, 2100, 2303, 2302, 2301
Number of Sales: $200,000 - $499,999January – November 2016
Southeast Quadrant
Source: SABOR MLS
0
20
40
60
80
100
120
140
2014 2015 2016
74
89
118
Includes MLS Areas: 1900, 2001, 2002, 2003, 2004
Number of Sales: $200,000 - $499,999January – November 2016
Northeast Quadrant
Source: SABOR MLS
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
2014 2015 2016
2,222
2,965
3,675
Includes MLS Areas: 1904, 1802, 1400, 1500, 1300, 1200, 1600, 2700, 1700
Number of Sales: $200,000 - $499,999January – November 2016
Northwest Quadrant
Source: SABOR MLS
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
2014 2015 2016
4,702
5,688
6,505
Includes MLS Areas: 2504, 2507, 2505, 2506, 2503, 2502, 2508, 2501, 1005, 1006,
1004, 1002, 1003, 1803, 1801, 0600, 0900, 1100, 0800, 0700, 0101, 0104, 0200,
0102, 0300, 0103, 0400, 0500, 0103, 0105, 1001
Number of Sales: $500,000 and upJanuary – November 2016
Southwest Quadrant
Source: SABOR MLS
0
0.5
1
1.5
2
2.5
2014 2015 2016
1
0
2
Includes MLS Areas: 2304, 2200, 2100, 2303, 2302, 2301
Number of Sales: $500,000 and upJanuary – November 2016
Southeast Quadrant
Source: SABOR MLS
0
0.5
1
1.5
2
2.5
3
3.5
2014 2015 2016
3
2 2
Includes MLS Areas: 1900, 2001, 2002, 2003, 2004
Number of Sales: $500,000 and upJanuary – November 2016
Northeast Quadrant
Source: SABOR MLS
0
50
100
150
200
250
300
2014 2015 2016
187
226
243
Includes MLS Areas: 1904, 1802, 1400, 1500, 1300, 1200, 1600, 2700, 1700
Number of Sales: $500,000 and upJanuary – November 2016
Northwest Quadrant
Source: SABOR MLS
0
100
200
300
400
500
600
700
800
900
2014 2015 2016
593
694
763
Includes MLS Areas: 2504, 2507, 2505, 2506, 2503, 2502, 2508, 2501, 1005, 1006,
1004, 1002, 1003, 1803, 1801, 0600, 0900, 1100, 0800, 0700, 0101, 0104, 0200,
0102, 0300, 0103, 0400, 0500, 0103, 0105, 1001
MLS Areas by
Finance Type
2016
Areas by Finance Type 2016
MLS Area Cash Conventional FHA VA
1001 13% 59% 7% 18%
1002 14% 66% 4% 13%
1003 34% 52% 0% 10%
1004 6% 80% 4% 10%
1005 10% 59% 8% 22%
1006 13% 62% 11% 13%
1100 35% 46% 8% 8%
1200 52% 24% 17% 4%
1300 23% 56% 9% 10%
1400 13% 42% 27% 16%
1500 17% 32% 31% 16%
1600 18% 26% 30% 23%
1700 14% 21% 29% 31%
Source: SABOR MLS
Areas by Finance Type 2016
MLS Area Cash Conventional FHA VA
1801 17% 60% 10% 12%
1802 14% 51% 15% 18%
1803 10% 61% 10% 18%
1804 11% 49% 16% 22%
1900 28% 19% 39% 10%
2001 10% 17% 44% 25%
2002 18% 10% 38% 20%
2003 28% 17% 32% 11%
2004 19% 15% 46% 19%
2100 30% 17% 43% 5%
2200 34% 15% 41% 4%
2301 7% 21% 46% 19%
2302 24% 12% 24% 18%Source: SABOR MLS
Areas by Finance Type 2016MLS Area Cash Conventional FHA VA
2303 18% 32% 14% 21%
2304 9% 17% 38% 24%
2400 30% 38% 12% 14%
2501 27% 51% 7% 10%
2502 19% 61% 8% 10%
2503 8% 71% 8% 8%
2504 16% 58% 10% 10%
2505 16% 63% 11% 11%
2506 21% 64% 6% 6%
2507 23% 65% 3% 3%
2508 35% 40% 10% 10%
2600 55% 18% 12% 15%
2700 33% 14% 22% 31%
2800 13% 40% 20% 23%Source: SABOR MLS
Areas by Finance Type 2016MLS Area Cash Conventional FHA VA
0101 7% 18% 27% 42%
0102 9% 31% 18% 37%
0103 11% 32% 30% 20%
0104 6% 20% 17% 49%
0105 5% 32% 23% 34%
0200 12% 22% 37% 25%
0300 12% 33% 37% 16%
0400 18% 45% 24% 11%
0500 19% 55% 14% 9%
0600 17% 58% 10% 13%
0700 39% 14% 33% 3%
0800 28% 30% 28% 8%
0900 29% 41% 21% 6%Source: SABOR MLS
Market Snapshots by County
AtascosaBexarFrioKarnesKendallLa SalleMcMullenMedinaWilson
Market Snapshot: Atascosa CountyJanuary – November 2016
Total Sales: 270 YoY%: 23.9%
Average Price: $169,072YoY%: 5.0%
Median Price: $163,000 YoY%: 8.7%
Source: SABOR MLS
Market Snapshot: Bexar CountyJanuary – November 2016
Total Sales: 20,390 YoY%: 7.2%
Average Price: $228,870 YoY%: 3.5%
Median Price: $193,500 YoY%: 5.7%
Source: SABOR MLS
Market Snapshot: Frio CountyJanuary – November 2016
Total Sales: 20 YoY%: 5.3%
Average Price: $140,713 YoY%: 11.2%
Median Price: $149,000 YoY%: 23.7%
Source: SABOR MLS
Market Snapshot: Karnes CountyJanuary – November 2016
Total Sales: 7 YoY%: 40.0%
Average Price: $152,571 YoY%: -30.7%
Median Price: $150,000 YoY%: -9.1%
Source: SABOR MLS
Market Snapshot: Kendall CountyJanuary – November 2016
Total Sales: 590 YoY%: 3.2%
Average Price: $431,801 YoY%: 3.4%
Median Price: $342,000 YoY%: 2.0%
Source: SABOR MLS
Market Snapshot: La Salle CountyJanuary – November 2016
Total Sales: 1YoY%: 0.0%
Average Price: $240,000 YoY%: 141.2%
Median Price: $240,000 YoY%: 141.2%
Source: SABOR MLS
Market Snapshot: McMullen CountyJanuary – November 2016
Total Sales: 0YoY%: 0.0%
Average Price: -YoY%: 0.0%
Median Price: -YoY%: 0.0%
Source: SABOR MLS
Market Snapshot: Medina CountyJanuary – November 2016
Total Sales: 352 YoY%: 11.0%
Average Price: $209,284 YoY%: -0.8%
Median Price: $187,000 YoY%: -4.1%
Source: SABOR MLS
Market Snapshot: Wilson CountyJanuary – November 2016
Total Sales: 506 YoY%: 17.7%
Average Price: $271,043 YoY%: 4.4%
Median Price: $282,000 YoY%: 4.9%
Source: SABOR MLS
Buyer Trends
Desire to Own
Change in family
Desire for larger home
Affordability of homes
Establish a household
64%
6%
4%
4%
7%
Single Family
Townhouse
Apt/Condo
Other
First-Time Home
Buyers in the U.S.Buyer Facts
• Median Age: 31
• Median Income: $69,400
• 88% are buyers of previously owned homes
• Median sq. ft of home purchased: 1,600
• Median home price: $170,000
• 56% were married couples
• 18% were single females
80%
8%
9%
3%
Source: National Association of REALTORS® 2015 Profile of Home Buyers and Sellers
Job relocation
Want to own
Move closer to job
Move closer to family/friends
Desire smaller home
Single Family
Townhouse
Apt/Condo
Other
Repeat Home
Buyers in the U.S.Buyer Facts
• Median Age: 53
• Median Income: $98,700
• 81% are buyers of previously owned homes
• Median sq. ft of home purchased: 2,000
• Median home price: $246,400
• Expect to stay in their home for 15 years
84%
6%
6%
4%
Source: National Association of REALTORS® 2015 Profile of Home Buyers and Sellers
13%
13%
Desire to own home
Desire for larger home
Job related move
Change in family situation
Single Family
Townhouse
Apt/Condo
Other
Buyers with Student
Loan Debt in the U.S.
Buyer Facts
• Median Age: 33
• Median Income: $86,400
• 54% are first-time buyers
• 87% are buyers of previously owned homes
• Median sq. ft of home purchased: 1,800
• Median home price: $207,000
• Typically had $25,000 of student loan debt
• Debt delayed buyers from saving for a downpayment
for 3 years
• 23% cited saving for the downpayment as the most
difficult step in the homebuying process
87%
5%6%
2%
42%
11%
9%
6%
Source: National Association of REALTORS® 2015 Profile of Home Buyers and Sellers
San Antonio Housing MarketHousing trends, market data and what makes SA a great place to call home.