If you are house hunting in the San Antonio area, you are not alone. San Antonio-area home sales in May rose nearly 5% from a year earlier, giving the spring market a modest boost after several slower months. The metro’s median sale price eased to about $306,000 even as sellers still captured close to their asking prices and properties lingered on the market longer than a year ago.
The increase reflects the San Antonio Board of Realtors’ monthly tallies, which local outlets highlighted this week. According to San Antonio Report, sellers received nearly 93% of their original list price on average and the typical home spent about 83 days on the market. In a statement to San Antonio Report, SABOR chair Ed Zapata said, "We’re seeing increased sales activity alongside healthy inventory levels, which gives consumers more flexibility and confidence in their decision-making process."
What the numbers show
SABOR’s own market pages show existing-home sales continuing to outpace new-home construction as inventory grows, a mix that is keeping pricing relatively stable instead of swinging wildly in either direction. The board’s San Antonio Board of Realtors market statistics include monthly press releases and county breakdowns that trace the shift toward a more balanced market across Bexar and neighboring counties.
The rental market also remains active, with average monthly rent around $1,863, a factor some analysts say keeps would‑be buyers on the sidelines while they run the numbers on owning versus renting.
Why buyers are cautious
State-level research and market-watchers say the broader story is familiar: higher borrowing costs and rising inventory have nudged some buyers to wait for clearer signals on rates before jumping in. The Texas Real Estate Research Center has noted statewide price softening in the spring and warned that mortgage-rate uncertainty can blunt buyer demand even as inventory edges up. That combination helps explain why sales can tick up month-to-month without a large uptick in prices.
For San Antonio homeowners and buyers, the takeaway is cautious opportunity: more listings mean more choice, but affordability and financing still shape outcomes. See the full local breakdown at San Antonio Report and the San Antonio Board of Realtors for county-level details.
