Home values in Hidden Forest have climbed well above much of San Antonio, with a typical home value of about $467,500 compared to $260,000 citywide. Even with that strength, values dipped 6.5% from last month, though they are still up 26.35% over the past year, and are projected to edge down toward $451,250 in March.
Listing prices are moving differently, with the median list price jumping nearly 24.83% month over month to around $492,450 and projected to rise further toward $541,425. Homes are taking longer to sell, now spending a median of 118 days on the market, more than double year-ago timing with a 114.55% increase. Inventory has tightened to just 6 homes for sale, down 14.29% from last month and 50% from a year ago.
Despite slower timelines, contract activity is holding steady, with 7 pending sales matching last year’s pace, and about 16.67% of recent sales closing above the asking price as sellers receive roughly 97.88% of list on average. New listings have fallen sharply, down 60% year over year to only 4 this month, which helps explain why the area still registers as a strong seller’s market at a gauge of 9. In this environment of rising prices, low supply, and longer days on market, both buyers and sellers can benefit from Agent Pronto’s help connecting with a skilled local agent.
