san antonio redlining the real estate tachometer-housing market forecast and statistics

54
San Antonio Housing Market Housing trends, market data and what makes SA a great place to call home.

Upload: jennifer-c-duaine

Post on 22-Jan-2018

272 views

Category:

Real Estate


0 download

TRANSCRIPT

Page 1: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

San Antonio Housing MarketHousing trends, market data and what makes SA a great place to call home.

Page 2: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 3: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 4: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 5: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 6: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 7: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 8: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 9: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 10: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 11: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

Top MLS

Areas

By Sales and Median Price

Page 12: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 13: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 14: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

Price Per Square Foot by Subdivision

Page 15: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 16: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 17: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 18: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 19: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 20: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 21: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 22: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

Total Sales by Quadrant

Page 23: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 24: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 25: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 26: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 27: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 28: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 29: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 30: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 31: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 32: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 33: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 34: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 35: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

MLS Areas by

Finance Type

2016

Page 36: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 37: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 38: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 39: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 40: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

Market Snapshots by County

AtascosaBexarFrioKarnesKendallLa SalleMcMullenMedinaWilson

Page 41: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 42: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 43: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 44: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 45: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 46: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 47: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

Market Snapshot: McMullen CountyJanuary – November 2016

Total Sales: 0YoY%: 0.0%

Average Price: -YoY%: 0.0%

Median Price: -YoY%: 0.0%

Source: SABOR MLS

Page 48: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 49: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 50: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

Buyer Trends

Page 51: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 52: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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%

Page 53: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

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

Page 54: San Antonio Redlining the Real Estate Tachometer-Housing Market Forecast and Statistics

San Antonio Housing MarketHousing trends, market data and what makes SA a great place to call home.