San Antonio home sales slowed in December 2022, report finds

Rounding out 2022, the San Antonio housing market saw December come and go with decreasing sales and minor increases in prices.

According to the San Antonio Board of Realtors’ last monthly market report of the year, December’s average and median prices for both new and existing homes went up in concert — 6 percent each — outpaced even more by residential rentals increasing 8 percent.

The area’s median home price was $324,000, compared to rentals (average or median unspecified) at $1,810 per month. New homes led the increase, rising 9 percent to $354,995, while existing homes only rose 2 percent to $305,000. The annual median was almost identical to December’s at $323,000, reflecting a 13 percent rise from the previous year.

Whatever the price, San Antonio sold 36,477 homes all year, a 10 percent decrease from 2021. Bexar County finished the year in a more significant slump just for the month of December, closing on 1,704 homes for a decrease of 32 percent compared to last December.

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