San Antonio Prices Stay Strong Despite Fewer Closings

The San Antonio housing market in August 2025 reflected a continuation of moderating sales activity but resilient price growth, according to the latest Multiple Listing Service (MLS) Report from the San Antonio Board of REALTORS® (SABOR). A total of 2,952 homes were sold during the month, marking a 7% year-over-year (YoY) decrease.

Despite fewer sales, prices moved higher. The average price rose to $382,419, a 5% YoY increase, while the median price reached $310,000, up 2% YoY. The price per square foot averaged $174, a slight 1% YoY decrease, signaling stable valuations across most segments.

Inventory remained elevated, providing buyers with a wider range of choices. Months of inventory stood at 6.1, slightly above balanced market conditions. Active listings increased 15% YoY to 17,043, while new listings ticked up 3% to 4,609. Pending sales fell 17% to 2,459, reflecting a more cautious pace among buyers. Properties spent an average of 74 days on the market, a 12% YoY increase.

Rental activity also expanded, with 5,033 active residential rental listings, an 18% YoY increase. The average residential rental price stood at $1,877.

“Prices continue to hold firm even as sales slow, thanks to steady demand and growing inventory,” said Ed Zapata, SABOR’s 2025 Chair of the Board. “Buyers now have more negotiating room, while sellers remain supported by stable pricing. A REALTOR®’s expertise is crucial for navigating today’s shifting dynamics.”

Key Market Highlights for August 2025

• Close to Original List Price: 91.4% of homes sold near their original list price.

• Days on Market (DOM): Homes averaged 74 days on the market, a 12% YoY increase.

• Price Percentages:

  • 16.6% of sales priced at $199,000 and below

  • 64.7% of sales priced at $200,000 – $499,999

  • 11.45% of sales priced at $500,000 – $749,999

  • 7.3% of sales priced at $750,000 – $1M+

Bexar County Market Trends

Bexar County mirrored broader regional patterns, with the median price holding at $310,000, a 2% YoY increase. Expanding inventory continues to provide buyers with greater choice, while sellers benefit from steady price performance.

Texas Real Estate Trends

Across Texas, 28,921 homes were sold in August, up 5% YoY. The statewide average price rose slightly to $429,095, a 0.7% YoY increase, while the median price held steady at $339,900.