San Antonio Home Sales Slump in July Amid Market Slowdown

San Antonio’s real estate market took a noticeable dip in July 2025, with home sales falling 10 percent compared to the same month last year. According to the San Antonio Board of Realtors (SABOR), only 2,195 homes changed hands during the month, signaling a continued slowdown after years of rapid growth in the post-pandemic housing boom.

Although sales volume has cooled, home values are still holding firm. The median home price rose to $330,000, while the average price climbed to $401,000 — up 4 percent and 7 percent year-over-year, respectively. This shows that while fewer buyers are closing deals, sellers are still able to secure strong offers.

Why the slowdown?

Several factors are contributing to San Antonio’s market shift:

• Rising inventory: More homes are available, giving buyers extra time to compare options.

• Longer days on market: Properties are now taking over two months to sell, a 16 percent increase from 2024.

• Shifting buyer behavior: With more choices, buyers are carefully evaluating before making offers.

SABOR’s Chair of the Board, Ed Zapata, summed it up by saying:

“Prices remain strong, but with increased inventory and longer days on market, buyers are taking the time to weigh their options. Success for both buyers and sellers comes from being prepared and strategic in today’s market.”

Inventory on the rise

The months of inventory reached 6.12, a metric used to measure how long it would take to sell all active listings at the current sales pace. A six-month supply typically reflects a balanced market — giving neither buyers nor sellers a clear advantage.

Meanwhile, the number of active residential listings jumped to 4,773, a sharp 20 percent increase compared to July 2024. This means buyers who were once squeezed in competitive bidding wars now have breathing room to negotiate.

Regional and statewide comparison

Within Bexar County, the median home price is $310,000, keeping San Antonio one of the most affordable large metro markets in Texas. By comparison:

• Harris County (Houston): $330,000

• Dallas County: $390,000

• Travis County (Austin): $560,000

Interestingly, while San Antonio experienced a slowdown, Texas as a whole saw a 3.6 percent increase in home sales, showing how trends can vary widely across the state.

What about rentals?

For those not yet ready to buy, rental options have expanded significantly. The surge in active listings also applies to rental homes, providing more flexibility for residents waiting for mortgage rates to drop or saving for a down payment.

Mortgage rates could shift the market

One bright spot for buyers: mortgage rates are trending downward. In mid-August, the average 30-year fixed mortgage rate dropped to 6.58 percent — its lowest point in 10 months. If this trend continues, affordability could improve and bring more buyers back into the market.

What this means for buyers and sellers

• For buyers: You now have more choices and negotiating power, especially with longer days on market. Watching mortgage rates will be key in timing your purchase.

• For sellers: Homes are still selling at strong prices, but expect longer marketing times. Proper pricing and presentation are more important than ever.

• For investors: Rising inventory and stable prices could mean opportunities to purchase before rates dip further and competition heats back up.

📬 Brought to you by CallTheCavalryGroup.com — Your trusted guide to navigating San Antonio’s real estate market.