Latest Insights on the San Antonio Real Estate Market
Are you trying to figure out what’s going on with real estate in San Antonio? It can be a lot to keep track of, but don’t worry! This report breaks down the key things that happened in June 2025. Whether you’re considering buying, selling, renting, or investing, this information will help you understand the market and make informed decisions.
We’ll explain the numbers and trends in a way that’s easy to understand so that you can feel confident about your real estate choices in San Antonio.
June 2025: The Key Numbers
- Overall Sales: Total sales (across all property types) were $ 3,023, representing a 1% decrease compared to June of last year.
- Single-Family Homes: A total of 3,023 single-family homes were sold. The average price was $392,796, with a median price of $324,460.
- Existing Homes: Sales of existing homes increased by 9%, with 2,055 homes sold.
- New Construction: New single-family home sales decreased by 18%, with 967 homes sold.
- Condominiums and Townhomes: Sales of condos and townhomes decreased by 6%, with 44 units sold.
- Rental Market: Average rents remained steady, with 0% change from last year.
Understanding the Real Estate Language
Let’s go over some essential terms that will help you understand this report:
- Closed Listings: The number of properties that were successfully sold and the deal was completed during June 2025.
- Average Price: The total value of all properties sold, divided by the number of properties sold. Gives you an idea of the typical price.
- Median Price: The middle price of all properties sold. A better measure than the average because it’s less affected by very high or low sales.
- Dollar Volume: The total value of all properties sold, showing the overall size of the market.
- % Change Year Ago: The percentage change compared to the same month last year. Helps you see if the market is growing or shrinking.
- Pending Listings: The number of properties that have accepted offers but haven’t closed yet.
- Days on Market (DOM): The average number of days a property is listed for sale before an offer is accepted.
- Price per Square Foot: The average cost per square foot of homes sold, which helps you compare the value of different properties.
- Months of Inventory: An estimate of how long it would take to sell all the homes currently on the market if no new homes were listed. A lower number indicates a seller’s market, while a higher number means a buyer’s market.
The Big Picture: Overall Market Performance
Here’s a look at the overall real estate market in San Antonio for June 2025:
- Total Closed Listings: Total sales decreased by -1% compared to last year, indicating a slight slowdown.
- Dollar Volume: The total value of all sales was $1,187,422,065, an increase of 3% from last year.
- New Listings: In June, there were 4,885 new listings, providing buyers with more choices.
- Active Listings: The number of active listings increased by 10% to 16,655, showing a larger selection for buyers.
- Pending Listings: The number of pending listings decreased by 19%, which may suggest a decline in buyer interest.
- Days on Market: Properties stayed on the market for an average of 75 days, showing a stable sales pace.
Single-Family Homes: The Main Market
Single-family homes are the most common type of property in San Antonio. Let’s see what’s happening with them:
- Closed Listings: A total of 3,023 single-family homes were sold in June 2025.
- Average and Median Prices: The average price was $392,796, and the median price was $324,460.
- Price per Square Foot: The average price per square foot was $180.
- New Listings: The number of new single-family listings was 4,885, a decrease of -9%.
- Active Listings: The number of active listings increased by 2% to 12,125, giving buyers a wider selection.
- Pending Listings: The number of pending listings decreased by -10%.
- Days on Market: The average days on market was 75.
Existing Homes vs. New Construction
- Existing Homes: The average price for existing homes was $410,935, with a median price of $329,250.
- New Construction: New homes had an average price of $354,306 and a median price of $315,950.
Condominiums and Townhomes: A Smaller Market
Condominiums and townhomes can be a good option for those seeking low-maintenance living. Here’s how they performed:
- Sales Decrease: Sales of condos and townhomes decreased by 6% in June 2025.
- Average and Median Prices: The average price was $237,633, and the median price was $188,250.
- Price per Square Foot: The average price per square foot was $191.
- New Listings: New listings decreased by -14%.
- Active Listings: Active listings increased by 41%, providing buyers with more options.
- Pending Listings: The number of pending listings decreased by 40%.
- Days on Market: The average days on market increased to 101.
Multifamily Properties: Insights for Investors
Multifamily properties (like apartments) can be good investments. Here are the key points:
- Closed Listings: In June 2025, 40 multifamily properties were sold, representing an 11% increase.
- Average and Median Prices: The average price was $463,500, while the median price was $489,245.
- Price per Square Foot: The average price per square foot was $157.
- Active Listings: Active listings decreased by 5% which could potentially lead to reduced investor options.
- Pending Listings: The number of pending listings decreased by 24%, indicating reduced investor demand compared to the previous year.
- Days on Market: The average days on market increased.
Existing Multifamily Homes vs. New Construction
- Existing Multifamily Homes: The average price for existing multifamily properties was $505,656, with a median price of $409,930.
- New Construction Multifamily: New multifamily properties had an average price of $323,500 and a median price of $250,000.
Residential Lots and Acreage: Building Land
If you’re thinking about building a custom home, here’s what’s happening with land:
- Closed Listings: In June 2025, 195 residential lots and acreage were sold, representing a 12% increase.
- Average and Median Prices: The average price was $163,256, while the median price was $130,000.
- Price per Square Foot: The average price per square foot was $42.
- Active Listings: The number of active listings decreased slightly.
- Pending Listings: The number of pending listings increased to 17%, signaling growing buyer interest in land.
- Days on Market: The average number of days on market has increased for residential lots and acreage properties.
Residential Rental Market: Rental Rates
The rental market is a big part of San Antonio’s housing scene. Here’s how it looked in June 2025:
- Closed Listings: In June 2025, 1,568 residential rental properties were leased, representing a 5% increase.
- Average and Median Prices: The average rental price was $1,922, while the median rental price was $1,800.
- Price per 100 Square Feet: The average rental price per 100 square feet was $112.
- New Listings: New listings increased by -21%.
- Active Listings: The number of active listings increased to 33%, providing tenants with more choices.
- Pending Listings: The number of pending listings decreased by 6%.
- Days on Market: The average days on market increased to 32% suggesting it took longer to rent a property in San Antonio.
Existing Rentals vs. New Construction Rentals
- Existing Rentals: The average rental price for existing homes was $1,923, with a median price of $1,800.
- New Construction Rentals: New rental properties had an average rental price of $1,906, with a median price of $1,795.
What This Means for You: Expert Advice
- For Buyers: With more homes available, buyers have a wider range of choices. It’s essential to be prepared to act quickly when you find a home you like, as pending listings remain relatively high.
- For Sellers: With sales decreasing, it’s more important than ever to make your property stand out. Work with a real estate agent to highlight your home’s best features and price it competitively.
- For Investors: The multifamily market presents potential opportunities; however, it’s essential to conduct thorough research and seek advice from experienced professionals.
Hottest Areas in San Antonio
Here are some of the hottest areas in San Antonio for single-family homes, ranked by the “Hotness Ratio” (pending listings as a percentage of active listings):
| Area | Hotness Ratio |
|---|---|
| 20 | 23.9 |
| 17 | 22.2 |
| 05 | 22.0 |
| 06 | 21.9 |
| 04 | 20.9 |
| 23 | 19.4 |
| 01 | 19.0 |
| 21 | 17.9 |
| 27 | 17.8 |
| 18 | 16.9 |
| 14 | 16.7 |
| 15 | 14.3 |
| 10 | 14.1 |
| 08 | 13.6 |
| 16 | 13.6 |
| 19 | 12.9 |
| 02 | 11.9 |
| 22 | 11.7 |
| 13 | 11.4 |
| 09 | 11.3 |
| 26 | 9.5 |
| 28 | 6.9 |
| 30 | 4.2 |
| 25 | 4.0 |
| 31 | 3.9 |
Final Thoughts
The San Antonio real estate market in June 2025 is showing a mix of trends. Staying informed and working with experienced professionals will help you navigate this changing market successfully.
Disclaimer: This report is based on data from the San Antonio Board of REALTORS MLS Summary Report June 2025, and is intended for informational purposes only. All closed listing counts are preliminary. Market conditions can change, so it’s always best to consult with a qualified real estate professional for personalized advice.