San Antonio continues to move forward in growth trends and employment according to Forbes which ranked San Antonio#4 in Best City for jobs and growth.
The housing market is no different as April marketing reports show the local average price of a single family residence is $181,016 an increase of 4% from April 2010 and up from the $179,035 reported in February 2011.
The good news continues with the local median price of a single family residence at $147,000 up 3% from April 2010 and up from the $146,000 reported in February 2011.
April single family residential sales were 1,439.
There is currently eight (8) months of inventory on the market which indicates we are very healthy. In fact we are in a very low bracket for foreclosures according to national statistics. This is a topic which continues to be an educational process for those relocating to San Antonio.