Things To Know About San Antonio
November 28, 2007 | 1 Comment
Location Characteristics: San Antonio, Texas
(from Wilkipedia)
San Antonio is the second-most populous city in the state of Texas after Houston and seventh-most populated in the United States. As of the 2005 U.S. Census estimate, the city had a population of over 1.2 million. Its eight-county metropolitan area has a population of over 1.8 million, the twenty-ninth most-populated metro area in the United States. San Antonio, which is the county seat of Bexar County, covers over 400 square miles on the northern edge of the South Texas region and southeast of the Texas Hill Country.
San Antonio was named for the Portuguese Saint Anthony of Padua, whose feast day it was when a Spanish expedition stopped in the area in 1691. The city has a strong military presence—it is home to Fort Sam Houston, Lackland Air Force Base, Randolph Air Force Base, and Brooks City-Base. San Antonio is home to the South Texas Medical Center, the largest and only medical research and care provider in the South Texas region.
Famous for its River Walk, the Alamo, Tejano culture, and being home to SeaWorld and Six Flags Fiesta Texas theme parks, the city is visited by 20 million tourists per year. San Antonio is also home to the first museum of Modern Art in Texas—the Marion Koogler McNay Art Museum.
Nickname: “Alamo City; River City”
Location in the state of Texas
Coordinates: 29°32?01.3?N, 98°28?11.2?W
Counties Bexar County
- Mayor Phil Hardberger
Area
- City 1067.3 km² (412.1 sq mi)
- Land 1,055.6 km² (407.6 sq mi)
- Water 11.7 km² (4.5 sq mi)
Elevation 198 m (650 ft)
Population (2005)
- City 1,256,509
- Density 1,084.4/km² (2,808.5/sq mi)
- Metro 1,889,797
Time zone Central (UTC-6)
- Summer (DST) Central (UTC-5)
Website: www.sanantonio.gov
Want to know about San Antonio realty ownership opportunities. Visit SanAntonioHomeQuest.com, a very user friendly site for finding information about real estate listings, things to do in San Antonio, local weather, & military bases.
November 2007 San Antonio Realty Market Report
November 28, 2007 | Leave a Comment
This is typically the slow season for San Antonio realty sales. Usually, during fall and early winter, sales are slow, inventory rises, and prices drop. This year is no exception, however the price and inventory drops haven’t been particularly dramatic. Basically, the market is relatively stable and only weakly favors buyers.
Although not totally immune to national realty market trends, San Antonio has, so far, been only minimally influenced by the country’s mortgage market mess and realty market down turn. Currently, San Antonio’s buyers and sellers are both in relatively good positions. Although resale homes continue to hold much of their value, a buyer can still get a good deal, especially in the new home market where builders are eager to sell their inventory before the end of the year. Although new home builders won’t usually haggle on price, they might throw in additional incentives to move a property.
In December, the situation might change more dramatically in favor of buyers. It’s too early to tell.
Here are the market stats for San Antonio single-family detached home listings as of 20 November 2007.
active listings: 12269 - stable - neutral for buyers and sellers, except for new construction homes, where the advantage goes to the buyer
average list price for most recent sales: $185,047 decreasing gradually - good for buyers
average sale price for most recent sales: $178,448 decreasing gradually - good for buyers
average days on the market for most recent sales: 74 and increasing - good for buyers
If you have questions, need San Antonio area realty or mortgage advice or assistance, or just want to chat, please call or send an E-mail. The SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home ownership needs.
The SanAntonioHomeQuest.com Realty Solutions Team
Stephanie & Randy Kelley & Jennifer Gill
Realtors®
Legacy Group - Keller Williams
(800) 201-9145 or (210) 867-8743 or (210) 863-2661
November 2007 San Antonio Realty Market Report
November 28, 2007 | Leave a Comment
This is typically the slow season for San Antonio realty sales. Usually, during fall and early winter, sales are slow, inventory rises, and prices drop. This year is no exception, however the price and inventory drops haven’t been particularly dramatic. Basically, the market is relatively stable and only weakly favors buyers.
Although not totally immune to national realty market trends, San Antonio has, so far, been only minimally influenced by the country’s mortgage market mess and realty market down turn. Currently, San Antonio’s buyers and sellers are both in relatively good positions. Although resale homes continue to hold much of their value, a buyer can still get a good deal, especially in the new home market where builders are eager to sell their inventory before the end of the year. Although new home builders won’t usually haggle on price, they might throw in additional incentives to move a property.
In December, the situation might change more dramatically in favor of buyers. It’s too early to tell.
Here are the market stats for San Antonio single-family detached home listings as of 20 November 2007.
active listings: 12269 - stable - neutral for buyers and sellers, except for new construction homes, where the advantage goes to the buyer
average list price for most recent sales: $185,047 decreasing gradually - good for buyers
average sale price for most recent sales: $178,448 decreasing gradually - good for buyers
average days on the market for most recent sales: 74 and increasing - good for buyers
If you have questions, need San Antonio area realty or mortgage advice or assistance, or just want to chat, please call or send an E-mail. The SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home ownership needs.
The SanAntonioHomeQuest.com Realty Solutions Team
Stephanie & Randy Kelley & Jennifer Gill
Realtors®
Legacy Group - Keller Williams
(800) 201-9145 or (210) 867-8743 or (210) 863-2661
Colorado Springs Housing Market Report: October 2007
November 6, 2007 | Leave a Comment
The Colorado Springs Housing Market has remained pretty steady from September to October of 2007. Homes in Colorado Springs are still selling around the 3 month mark, and even selling for very close to asking price. Here is a snapshot of the data:
Average Days on Market (DOM): 85
Median Days on Market: 88 Days
Average Sale Price (SP): $258,207
Median Sales Price: $233,958
List Price to Sale Price Ratio (LP/SP): 97.78%
Median LP/SP Ratio: 98.22%
In October 2007:
- 674 homes went on the market.
- 237 homes went under contract.
- 178 homes sold.
(Read Full Market Report HERE.)
For more information on the Colorado Springs Real Estate Market, please check out our recent reports:
Colorado Springs Market Report: September 2007
Colorado Springs Market Report: August 2007
<< Search For Homes For Sale In Colorado Springs >>
Posted By: Mariana Wagner - Wagner iTeam – Colorado Springs Real Estate
October 2007 Market Statistics for Homes in the Ellsworth and Black Hills areas.
November 1, 2007 | Leave a Comment
Black Hawk and Piedmont, SD
During the month of October, 2007 there were 4 new residential listings in and around the Black Hawk and Piedmont area. The total # of homes for sale is 22. And no homes have sold or are under contract. Avg. price of a single family home in the Black Hills since the last report is $183,786 with an average of 80 days on the market. Sellers have been receiving 98.17% of their asking price.
Ellsworth AFB, SD
During the month of October, 2007 there were 15 new residential listings in and around the Ellsworth AFB/Box Elder area. The total # of homes for sale is 66 which reflects single family homes only. And one home has sold or is under contract. Avg. price of a home in the Black Hills since the last report is $183,786 with an average of 80 days on the market. Sellers have been receiving 98.17% of their asking price.
Central Black Hills of S. Dak.
During the month of October, 2007 there were 4 new residential listings in and around the Hill City area. The total # of homes for sale is 40. And no homes have sold or are under contract. Avg. price of a home in the Black Hills since the last report is $183,786 with an average of 80days on the market. Sellers have been receiving 98.17% of their asking price.
Rapid City, SD
During the month of October, 2007 there were 87 new residential listings in and around the Rapid City area. The total # of homes for sale is 326 which reflects single family homes only. And 16 homes have sold or are under contract. Avg. price of a home in the Black Hills since the last report is $183,786 with an average of 80 days on the market. Sellers have been receiving 98.17% of their asking price.
Hyde Park Condos Offer Great Option
November 1, 2007 | Leave a Comment
The Hyde Park area of south Tampa is just a 10 minute commute away from MacDill AFB and is a good option for living close to Tampa’s activity areas and MacDill AFB. The commute is a simple drive on the Crosstown Expressway (toll road). I often get questions regarding low-maintenance living under $200,000 in the Hyde Park area.
Old Hyde Park Village is an area of retail shops and restaurants that features many seasonal music and arts festivals.
If you want to be in a condo near Old Hyde Park Village, for under $200k, you have 2 options basically, Hyde Park Walk and Hyde Park Place.
Hyde Park Walk Condos
Set right smack dab in the core of the village, Hyde Park Walk was built in 1996 as apartments (Post), and converted to condominiums in the wild and crazy days of 2005, the height of the conversion-mania. Post Apartment Homes sold the place to some converters who had a very successful sales process, selling out in short order.
The resales popped up quickly, as did the second round of buyers, who pushed prices as high as $228k for an 880sqft 1 bedroom unit, that the converter had sold for $181k.
Fast forward to today: Highest price paid year-to-date for a Hyde Park Walk 1 bedroom unit = $200k. Most recent sale: $135k, for a 552sqft unit that the converter originally sold for $155k. Current prices for Hyde Park Walk 1 beds: $180–$190k, all around 700sqft (mol).
Hyde Park Place Condos
This is an older conversion having converted long before conversion-mania began. Location is about a 1/2 mile from Hyde Park Walk and Old Hyde Park Village, north of Swann Ave. While not set amongst the shops and restaurants of The Village, Hyde Park Place is located in a mix of single family and multi-family zoned properties. The Village, as well as The Bayshore, are both within easy walking distance. Hyde Park Place features a tropically landscaped courtyard with fountain, pool, fitness, covered (mostly), gated, parking garage, with 3 floors of condos, elevator included.
One bedrooms at HPP were selling between $130k and $166.5k in 2004. The sellers’ market of yesteryear pushed prices up to $191k in March of 2006. Hyde Park Place is experiencing a price correction for sure. Three one bed units have sold at HPP year-to-date. Highest price = $162.5k back in January. Current listings for 1 bedroom condos at Hyde Park Place range from $150–$180k.
Both of these condominiums offer residents a great south/central Tampa location close to the activity/entertainment cores of South Tampa, downtown Tampa, Channelside, Ybor City, etc. And both offer 1 bedroom units for under $200k.
Contact me for additional information on either Hyde Park Walk or Hyde Park Place condos.
Read more about condo fees:
Data used is from the Mid-Florida Regional MLS, all brokers/agents included. Does not include private, non-brokered sales.
