San Antonio is incredible, and companies across the U.S. are taking notice and moving their headquarters here. The city continues to climb on lists of rankings and ratings, and there are a variety of exciting developments happening around town. Keep reading for some of the recent and upcoming happenings. 

NEW AND UPCOMING PROJECTS BREAKING GROUND IN SAN ANTONIO

PABST BREWING CULTURE PARK
The corner of Avenue B and 6th Street
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San Antonio Report wrote in 2020 that the company was moving to San Antonio. Since then, the company has announced that they are planning a campaign to spotlight San Antonio's artistic and cultural offerings. The development will go into an existing warehouse at the corner of Avenue B and 6th Street,…

February saw an increase in almost every measurable real estate category in the San Antonio metro area. Compared to this time last year, home sales in the area increased by 9%. The median sales price was $314,000, a massive 20% increase since this time last year. 

With this hot market, the available inventory reduced to 1 month, and homes spent an average of 38 days on the market (14 days less than February 2021). 

“2022 is showing a steady pace as we enter the last month of the first quarter with homes on the market for 38 days and 100 percent being sold for listing price,” said Tracie Hasslocher, SABOR's 2022 Chairman of the Board. "We saw a steady increase in median, average price, and pending sales for the month of February."

While there were…

According to SABOR’s January 2022 press release, 2022 kicked off the year strong. Even with the large increases in the average and median home prices in January, the area only saw a decrease of 1 percent of total sales. This shows that sellers are earning more for their houses than ever before, and buyers can still find the right home despite San Antonio becoming a more popular market each year. 

The San Antonio Business Journal reports that San Antonio is one of 10 national targets for buyers, ranked over Austin and Houston. The city is growing increasingly desirable to people relocating from the East Coast, West Coast, and Midwest. Among the reasons people move to the Alamo City is to retire or find comparably affordable housing. The city was even…

Each year, it seems more and more people are taking notice of all the reasons why San Antonio is a great place to live and work. The city has a vibrant cultural scene, incredible tacos, and a real estate market that’s seeing strong home price appreciation. See how the Alamo City stacked up in recent rankings:

MOVING TO SAN ANTONIO

The best places to retire

Forbes

When it comes to deciding what city you want to settle down in and enjoy your retirement, San Antonio is the perfect destination. Forbes compared nearly 800 places to retire in America and looked at all kinds of factors like housing costs, tax, healthcare, natural disaster risk, and more. Out of all of these locations, San Antonio made it onto their exclusive list of the 25 best places to…

The December 2021 data for the San Antonio housing market is out, courtesy of the San Antonio Board of REALTORS® (SABOR), and it proves that San Antonio is still rising in popularity. It makes sense, especially when you consider all the benefits of moving to the Alamo City. With warm weather, a great cost of living, and an abundance of outdoor activities, people are taking notice of the area.

According to Bankrate, millennials (especially older millennials) have been the largest home-buying group for some time. So where are they buying? Knock anticipates San Antonio as being one of the hottest markets for millennials in 2022, ranking in at #4 out of 10. 

Data from the San Antonio Board of REALTORS® (SABOR) shows that in December 2021, the median…

Though the growth of the Austin and Houston markets has garnered plenty of attention throughout 2021, Realtor.com forecasts that real estate in San Antonio will grow more than either of them in 2022, according to My San Antonio. With the market’s increasing desirability and expansion, we’re beginning to see a glimpse into what buyers and sellers can expect going forward.

According to the San Antonio Board of REALTORS® (SABoR), the median single-family home price appreciated by 19%, with the median sales price at $307,200. Available inventory was reduced to 1.6 months as it remained a seller’s market. Of the homes sold, 99.5% sold for the listed price, compared to 98.2% in November 2020.

"A trend we have witnessed this quarter is more new listings…

As we wind down on a record-breaking year, the Austin real estate market continues to make headlines. A recent New York Times article about the Capital City posed the question: “Will Real Estate Ever Be Normal Again?” With the right REALTOR®, buyers and sellers can feel empowered to make sense of one of 2021’s hottest markets. 

According to the Austin Board of REALTORS® (ABoR), the median sales price grew 29% year-over-year, coming in at $470,000—setting a record for the month of November. New listings increased 0.6% to 2,950, while active listings decreased 0.2% year-over-year to 2,768. Monthly housing inventory dipped 0.1 months of inventory to 0.8 months, and homes spent an average of 22 days on the market, down 13 days when compared to November…

Home sales in the San Antonio area continue to move steadily for this time of year. According to the San Antonio Board of Realtors, September reported 3,651 homes sold, which is no change from this same month last year. Average and median sales prices increased 15%, with the average price of a home at $351,379 and a median price of a home at $296,900.

The month ended with 1.8 months of inventory available, indicating a continued sellers’ market.

San Antonio is considered a seller’s market because the demand exceeds the supply.  In order to be a balanced market, the demand from buyers is equal to the supply from sellers. In this ideal situation, homes are normally sold around the list price and there are enough homes for buyers to compare their…

According to the San Antonio Board of REALTORS®, home sales in August 2021 increased 2% compared to August 2020, from 3,726 to 3,788. August closed with 3,434 pending sales and 4,663 new listings, a 15% increase in inventory. Home sale prices in August averaged $353,662, with a median price of $298,200, a 16% rise from August 2020.

"August closed with an increase in sales throughout Bexar County and 3,294 new listings leading into September," says SABOR's 2021 Chairman of the Board Cher Miculka.

While inventory is beginning to increase, the market remains lower than average. A balanced market means inventory is at six months—we currently have 1.8 months available. Homes are also selling faster than ever before. The average home sold in 24 days, while…