San Antonio Heights is currently tilted toward sellers, with the market gauge indicating a seller’s market. Inventory is relatively lean at 2.9 months of supply, below the level that typically signals balance. At the same time, the average sale-to-list ratio sits just over 100%, showing that closed sales are still landing very close to asking prices.
Looking at prices over the latest rolling three-month period, typical home values are up sharply, rising more than 16% compared with a year ago. Median list prices also climbed by roughly 11% year over year, suggesting sellers are pricing higher as values increase. Despite this, the share of homes selling above list price is up nearly 12% from last year, with about 30% of recent sales closing over asking, an indication of focused demand for the homes that do sell.
Activity and pace, however, show a different side of the story. Homes are taking much longer to sell, with median days on market jumping dramatically year over year to 86 days, and rolling three-month sales, new listings, and pending deals all down from last year. Fewer active listings than a year ago, paired with slower turnover, creates a nuanced environment where pricing power favors well-positioned sellers, but patience is required. In this kind of mixed market, both buyers and sellers can benefit from Agent Pronto’s help in finding an experienced local agent who understands the current dynamics.
