SAN ANTONIO – Home sales and prices in the metro soared after declining at the beginning of the COVID-19 pandemic.
Last year, a record 38,448 homes were sold in the area, according to the San Antonio Board of Realtors. That’s an 11.2 percent increase over 2019.
The median price rose 7 percent to a record $250,100.
Inventory fell to 1.7 months in December. The Texas Real Estate Research Center considers six to 6.5 months of inventory a balanced market.
Active listings fell from 9,463 in December 2019 to 5,504 last month.