MARKETING STATS FROM
THE SAN ANTONIO BOARD OF REALTORS
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February Numbers Highlight Increase in Average Sales Price
San Antonio Board of REALTORS®
releases February 2011 real estate market statistics
San Antonio, TX – March 16, 2011 – According to the Multiple
Listing Service report by the San Antonio Board of REALTORS®
(SABOR), the average sales price for single-family homes in
February 2011 was $179,035, a 5% increase when compared to
February 2010.
“We’re glad to see the price appreciation in our market continue
this month,” said Scott Caballero, 2011 SABOR Chairman of the
Board. “We remain optimistic about how San Antonio will fare in
the months to come.”
Last month, the Associated Press reported that home prices in
other U.S. cities have struggled to rise, noting unemployment and
a lack of consumer confidence as factors. However, the San
Antonio Express News reports that San Antonio has countered
the trend, citing a dip in the city’s unemployment rate to 7.4% in
January. The national unemployment rate is hovering around 9%.  
“The city’s job growth and steady price appreciation are just a
couple of reasons why San Antonio remains in a healthy
position,” said Angela Shields, President and CEO of SABOR.  
“San Antonio is affordable as well, so consumers have reasons to
be confident about buying and selling in our city.”
New findings by the National Association of REALTORS® (NAR) report that homeownership is a key driver
in economic recovery. NAR estimates that one job is generated for every two home sales and that each
home sale at the median price pumps a total of $60,000 into the economy over time.
The San Antonio Board of REALTORS®
is the largest professional trade organization in San Antonio and
represents over 7,000 REALTOR®
members. SABOR is one of over 1,600 local boards and 54 state and
territory organizations of REALTORS®
nationwide that make up the National Association of REALTORS®
(NAR). Please visit SABOR.com for more information.

February 2011 Statistics

$179,035– Average price for
single-family homes in
February 2011, a 5% increase
compared to February 2010.  
1,079 – Total number of sales
for February 2011, an 11%
decrease from February 2010.
$146,000 – Median price for
single-family homes in
February 2011, a 2% increase
from February 2010.
1,287 – Number of pending
sales in February 2011.