Home truths

San Antonio home prices spiked in September, but sales leveled off, says new report

It's steady as she goes on the San Antonio home front.

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Median home prices in the San Antonio spiked in September, but the pace of home-selling activity is leveling off, according to a new report.

The San Antonio Board of Realtors’ monthly report shows the median home price in the region surged 15 percent from last September to this September. Last month, the median home price in the area stood at $296,900. That’s a slight drop from the August 2021 median home price of $298,200.

The average home sale price for September 2021 jumped 15 percent year over year to $351,379, up from $306,814 last September.

Meanwhile, the number of homes sold didn’t budge from last September to this September, staying close to 3,700.

“Home sales are still moving quickly, which is good news for sellers. Typically, homes are selling within 27 days, but there is still a lot of opportunity for buyers. September reported over 6,000 active listings and 3,808 new listings,” Cher Miculka, chairwoman of SABoR, says in a news release.

The majority of homes sold in September (nearly 73 percent) fell in the range of $200,000 to $500,000, SABoR says. The over-$500,000 category accounted for 13.6 percent of sales and the under-$200,000 category represented 13.4 percent.

Take A Walk

New multifamily community opens near Stone Oak restaurants and shopping

Rendering courtesy of Greyson Luxury Living

The new community offers 291 units.

A new multifamily community is now open to prospective residents in San Antonio. Greyson Luxury Living comprises 291 units at 1734 N. Loop 1604 West, with a focus on lifestyle amenities. But the location will be the main draw for many.

Apartment floor plans range from one to three bedrooms, starting at $1,317 for one bedroom and one bathroom, and working up to a base price of $2,611 for three bedrooms and two baths. The community's pet policy according to the website is: "We welcome all your furry friends at Greyson."

Residents will get reserved parking and a garage with EV charging stations, but it might not always be necessary to hop in the car. The apartments are directly adjacent to restaurants like Cover 3, Eddie V's Prime Seafood, and Blü Prime Steakhouse — not exactly everyday eats, but there's tons more at the Vineyard Shopping Center and the Stone Oak neighborhood's Blanco Market Shopping Center across the highway.

In addition to restaurants, the community is less than a five-minute drive from H-E-B Plus, Whole Foods Market, Target, fashion and furniture stores, and multiple fitness studios like StretchLab and LA Fitness.

A press release promises wood-style flooring, quartz and granite countertops, and ceramic tile backsplash. On the more utilitarian side, it offers single-basin sinks, kitchen islands, "spacious" pantries, a stainless-steel Energy Star appliance package, and washer and dryer connections. (Images shared by the complex so far appear to be more illustrative of the desired vibe than the actual space.)

Every floor plan also shows a private patio or balcony. The most expensive floor plan — the three-by-two — has a wraparound outdoor space.

For shared spaces, a resort-style pool with a tanning shelf (a very shallow area for placing lounge chairs) and bike storage encourage residents to get outside, and a dog wash station makes it easy to leave dirt and hair outside of apartments. There's also a fitness center, a clubhouse with wi-fi, elevators, and concierge services.

“We developed Greyson as a luxury multifamily community aimed to fit any type of lifestyle, and we are grateful for all of our partners that helped bring this project to life,” says Ed Garahan, partner and CEO at Carbon Companies, the development firm heading the project.

Carbon Companies also sold the Addison Medical Center Apartments, Ventura Ridge, Triomphe Apartments, and Pecan Springs Luxury Apartment Homes, with more in the works in San Antonio.

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