San Antonio Home Prices Climb Even as August Sales Slow: What SABOR's Latest Numbers Mean for You

The San Antonio Board of Realtors released its August 2025 market report, and the headline tells two stories at once: fewer homes are selling, but prices are still going up. If you are trying to figure out what to do next in this market, understanding both sides of that picture matters.

In August, 2,952 homes sold across the San Antonio region, a drop of about 7 percent compared to August of last year. At the same time, the average sale price rose 5 percent to $382,419, and the median sale price climbed 2 percent to $310,000. Slower sales and higher prices existing side by side is not a contradiction—it reflects a market where motivated sellers are still finding buyers, but plenty of homes are sitting longer while buyers weigh their options carefully.

For buyers, the good news is that you have more choices than you have had in years. Active listings jumped 15 percent to 17,043 homes, pushing inventory to 6.1 months. A balanced market is generally considered around six months of supply, so San Antonio has essentially arrived there after years of being firmly in seller's territory. That means less pressure to waive inspections, skip contingencies, or offer well above asking price just to get a contract signed. Homes sold at 91.4 percent of their original list price in August, which tells you there is real room to negotiate. If you have been watching homes in areas like Helotes, Cibolo, Converse, or along the 1604 corridor and wondering whether to wait, the current inventory levels suggest the frantic bidding wars of a couple of years ago are behind us—at least for now.

The tradeoff for buyers is that prices themselves have not dropped. The median of $310,000 is still higher than a year ago, and with mortgage rates still elevated, monthly payments remain a genuine challenge for many households. If affordability is your primary concern, it is worth looking at ZIP codes and communities on San Antonio's south and east sides, or considering school districts like Harlandale, Southside, or East Central, where price points often come in below the citywide median. Working with a knowledgeable agent who understands the full metro—from Stone Oak to Pleasanton Road—can help you find pockets where your budget goes further.

For sellers, the data calls for honest conversation about expectations. The days of pricing 10 or 15 percent above market and watching offers roll in are largely gone for most price ranges. With 17,043 active listings competing for a smaller pool of closed sales, your home needs to be priced accurately from day one. Overpriced listings are sitting. The 91.4 percent of list price figure is an average—which means some homes are doing better and some are doing worse. Sellers who price strategically and present their homes well are still closing deals and walking away with equity. If you own in desirable areas like Alamo Heights, Terrell Hills, or the Dominion, or in top-rated school districts like Northside ISD or North East ISD, well-prepared homes are still attracting serious buyers.

Renters are navigating their own pressures. The average rent across the San Antonio area now sits at $1,877 per month, and there are 5,033 rental listings available—an 18 percent increase in supply. More rental options are a genuine relief for people who have been stretching to find something affordable. That added supply may also create a little more negotiating leverage with landlords than renters have had in recent years, particularly in apartment-heavy corridors near Loop 410, along the I-35 corridor through Schertz and New Braunfels, or in the growing communities around Boerne and Converse. If you are renting and wondering whether to buy, the math deserves a close look. At $1,877 in average rent, the gap between renting and owning has narrowed in some price ranges, especially if you can put together a solid down payment.

For current homeowners, the 5 percent rise in average prices is positive news for your equity position, even if you are not planning to move. San Antonio's long-term fundamentals—continued population growth, a diverse employment base anchored by the military, healthcare, and tourism sectors, and ongoing development across Bexar County and surrounding communities—continue to support property values even during slower sales periods.

September is historically a solid month to make moves in San Antonio real estate. The summer heat is easing, families have settled into the school year routine, and serious buyers and sellers who are still in the market tend to be genuinely motivated. Whether you are buying your first home in Universal City, selling a property in Leon Valley, or deciding whether to renew your lease in the Pearl District or finally make a purchase, the current data gives you real information to work with.

If you have questions about what these numbers mean for your specific situation, reach out. We are happy to walk through the market with you and help you make a confident, informed decision.