Hot Headlines

Southtown burger shop shutter fires up San Antonio's most popular stories this week

Burger Culture is now closed.

Editor's note: Welcome to our weekly roundup of the hottest stories in San Antonio. Each weekend, we share five pieces that captured the attention of the Alamo City over the past seven days.

1. Southtown burger shop closes after owner's death, plus more San Antonio food news. Following the sudden death of co-owner Randy Vrana, popular restaurant Burger Culture closed earlier this week. Southtown Pizzeria, which Vrana also owned with wife Julie, remains open.

2. Acclaimed Monte Vista neighborhood restaurant reveals closing date. After only a few years in business, one of San Antonio’s most acclaimed restaurants is shutting its doors. Luckily, diners have until the end of the year to say goodbye.

3. Popular San Antonio movie theater reopens after Hollywood-style renovation. Thirty-year-old Cinemark San Antonio 16 unveiled its very modern new look on October 31. Among the new updates are heated recliner seats, expanded dining options, and an expanded roster of films.

4. Here are the top 5 things to do in San Antonio this weekend. Dia de los Muertos was officially Friday, but the celebrations haven't stopped. Learn all about the city's weekend-long celebrations, plus more things to do in San Antonio.

5. San Antonio-based H-E-B once again named America's top place to work. It's not only San Antonio's favorite place to shop, H-E-B is one of America's best places to work.

hot-headlines

REAL ESTATE REPORT

San Antonio home sales continue to decline in February, latest report shows

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Home prices went up and sales went down in February, an inauspicious prediction for both homebuyers and sellers in San Antonio’s real estate market. That’s according to the latest market report from the San Antonio Board of Realtors (SABOR).

The latest Multiple Listing Service (MLS) data shows steady price increases in the San Antonio area. The average home price is now at $365,679, an $8,700-plus increase from 2022. Median home prices have hit $310,000, which is a smaller increase from last year, but $50,000 more than 2021.

Despite new home construction skyrocketing at the same rate, existing home sales have dropped by 28 percent. Homes are also staying on the market much longer than they did in February 2022, at around 70 days.

SABOR’s 2023 board chair Sara Briseño Gerrish shared her insights on the current market.

“The months of inventory is being reported at 3.3 and 93.5% of homes closed of their original listing price,” she said. “To close February, there were 3,531 new listings, 2,407 pending listings and 9,712 active listings.”

To add to February’s home sale woes, Bexar County saw a 16.4 percent decline with only 1,612 closed listings, while average prices increased 4.4 percent to $341,204.

Statewide, only 21,838 homes were sold in February, a 14 percent decrease year-over-year.

The full report can be found on sabor.com.

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