Retirement Communities: San Antonio

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San Antonio

The home of the Alamo is fighting the housing slowdown. Prices are affordable, with the city described as a “fair value” market on Local Market Monitor’s list. Even though prices in Texas towns are increasing, Fears says it?s at a “healthy rate rather than the white-hot rate we saw on the east and west coast during the national boom.”
Median price end of 2007: $140,600
Median price end of 2006: $151,700
% change: + 2.5%
Projected change through Q3 2008: + 2.5%
Affordability rating: 5.1
Foreclosures in 2007:
(1 for every 94 households)
7,658
Foreclosures in 2006:
(1 for every 98 households)
7,324
Change in foreclosures: + 4.6%
Current rate comparison
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Click here for state vs national rates
Price trends

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June ’06: National median price $227,100
Dec. ’06: National median price $221,900
Dec. ’06: Local median price $151,700
June ’07: National median price $229,200
Dec. ’07: National median price $198,700
Dec. ’07: Local median price $140,600
* Median prices for existing single-family homes