Current Real Estate Market Trends:

Average price per square foot for San Antonio TX was $64, an increase of 23.1% compared to the same period last year. The median sales price for homes in San Antonio TX for Feb 10 to Apr 10 was $79,000 based on 215 home sales. Compared to the same period one year ago, the median home sales price increased 10.3%, or $7,347, and the number of home sales increased 2.9%.

The average listing price for homes for sale in San Antonio TX was $243,421 for the week ending May 12, which represents an increase of 0.7%, or $1,688, compared to the prior week. Popular neighborhoods in San Antonio include Alamo Farmsteads and Dominion, with average listing prices of $170,068 and $1,031,654.

History of San Anonio:

The third-largest city in Texas and the seat of Bexar County, is located in the south-central part of the state, on the San Antonio River.

The site of San Antonio was first visited in 1691 by a Franciscan friar on the feast day of St. Anthony and was named San Antonio de Padua in his honor. San Antonio was permanently settled on May 1, 1718, when the Spanish governor of Coahuila and Texas, Martin de Alarcón, founded the presidio (a fort) of San Antonio de Bejar (Bexar) and the mission of San Antonio de Valero (later called the Alamo) on the site of a Coahuiltecan Indian village. San Antonio remained almost continuously under Spanish rule until 1812, when Mexico won its independence from Spain.

During the outbreak of the Texas revolution (1835) against the tyranny of Mexican dictator General Santa Anna, San Antonio was captured by a small band of rebels who occupied the fortified mission of the Alamo in Dec. 1835. The historic battle of the Alamo was fought there (Feb. 24 to March 6, 1836), and its 183 besieged defenders were massacred by Santa Anna’s troops. Their heroism aroused the anger and fighting spirit of Texans and led them to shout their famous battle cry “Remember the Alamo!” and defeat the Mexicans six weeks later (April 21, 1836) at the battle of San Jacinto. Texas became an independent republic in 1836, and San Antonio was incorporated as a city on Jan. 5, 1837.

After the Civil War, with the arrival of the railroad in 1877, San Antonio prospered as a major shipping point for cattle. The city has been an important military center since World War II and is the home to five of the largest military installations in the nation, including Fort Sam Houston, constructed in 1876. San Antonio is a leading livestock center and one of the largest produce exchange markets. The city’s industries are highly diversified, and tourism is also important to the economy.

San Antonio Chamber of Commerce