San Antonio Buyers Hold Leverage, Q3 Caution
Current Housing Market Dynamics San Antonio's housing market in 2025 presents increased bargaining power for buyers. The housing environment displays mixed signals, with median home prices growing modestly. Prices hover between $310,000 and $324,460. This shows moderate appreciation, set against a backdrop of rising inventory levels. Active listings have seen a robust increase, expanding by 15%-18% year-over-year. There are now more than 17,000 homes on the market. With elevated mortgage rates affecting potential buyers' affordability, this environment could also impact price negotiations. With this abundance of options, buyers benefit from extended decision-making time. Homes are averaging 74 to 100 days on the market. A decline in sales volume suggests a cooling market, indicating that buyers have an advantage in negotiations. This situation improves buyers' negotiation leverage. Additionally, inventory levels near 6.1 months suggest a subtle shift towards a buyer's...