š Are Home Prices in San Antonio Overvalued?
Itās a question Iām getting a lot right now.
When we step back and look at the long-term data in Bexar County, something interesting shows upā¦
Home prices have historically appreciated at about 5.3% per year, and based on that trend, todayās prices are actually slightly below where they āshouldā be.
After the rapid run-up during the pandemic and the adjustment that followed, our market is now moving through aĀ normalization phase ā not a decline.
What does that mean for you?
ā
Buyers have more negotiating power than weāve seen in years
ā
Sellers need to be more strategic, not just rely on the market
The fundamentals in San Antonio remain strong ā jobs, population growth, and long-term demand continue to support steady appreciation.
If youāre wondering how this impacts your plans, Iām happy to walk you through it. Just reach out.
