San Antonio: Is Appreciation Rate Affecting Your Neighborhood?

By Fabi R. Gomes | May 24th, 2019

Texas rivals California and New York in terms of population and economic influence. Being much more affordable with a lower cost of living, Texas is avidly attracting people from those states and others around the country. With a population of nearly 2,000,000 and more than 300 neighborhoods, San Antonio is the second-largest community in Texas, with a rich colonial heritage and a reputation as one of the best long-term real estate investments in the U.S. in the last decade. Whether looking to purchase a home in San Antonio or trying to sell your current property, this is a must-read for all potential buyers and homeowners in town.

[2018-2019 Home Appreciation Rate Per Neighborhood]

With a broad variety of new jobs around the area, a major factor of the booming San Antonio real estate market is the growing economy. According to Realtor.com, the median list price of homes in San Antonio was $218,000 in February 2019, trending up 6.3% year-over-year. The median listing price per square foot was $116. Zillow.com predicts that San Antonio that the prices will rise yet again by 3.3% in 2020.

[2018-2019 Average Price Per Square Foot – Provided by Legacy Mutual Mortgage]

Buying or selling a home in San Antonio? A CBHarper agent can assist you in making the best San Antonio real estate investment or home purchase decisions.

Coldwell Banker D’Ann Harper, REALTORS®  can be reached at (210) 483-7581 or pr@cbharper.com and has been an affiliate of the Coldwell Banker franchise system for over 30 years.

Visit our Blog and our social media channels [Facebook,Instagram, Twitter, Pinterest, LinkedIn, YouTube] for supportive content and articles.

All data and information provided on this blog is for informational purposes only and shouldn’t be seen as legal advice at any point. Any facts provided on blog.cbharper.com is accurate and true to the best of the author’s knowledge and it makes no representations as to completeness, suitability, or validity.  All information is provided to author on an upper management approval basis. Coldwell Banker D’Ann Harper, REALTORS® and its employees will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. Author may keep updating old posts on a regular basis and is not bound to explicitly state all corrections made. The opinions expressed by those providing comments to the posts are theirs alone, and do not reflect the opinions of the company or any employee thereof.