Helotes Monthly Market Update

 

August 3, 2022

So what’s happening here in our Helotes Texas Real Estate Market? Everyone wants to know. Are we seeing a housing bubble, should I still consider buying, and is it still a seller’s market?

It can be so confusing to the state of the world that the best choice is for your family. I totally understand, I’ve been an agent for over 21 years and I can help you navigate this market.

Hi, I’m Betsy Nava-Flores, associate broker of the Harvest Real Estate Group Let’s look at the data of what’s happening so that you can make an educated decision.

First off, according to real estate experts and advisors anytime you have inventory levels that are at 6 months of inventory or below, we are in a seller’s market. It’s all about supply and demand, and when there is a limited supply like there is right now, then the prices go up.

So let’s see what inventory levels are doing here locally. Is it a good time to sell here in Helotes, Texas 78023?

In Helotes, we currently at the time of this video have 40 homes that are active.

The average time to sell is now 26 days, and on average homes are actually selling a bit below list price at 94%.

We also saw 13 homes adjust pricing and 32 closed homes.

Now, this is not what we saw over the past year, where we saw homes flying off the shelf and selling for significantly more than the list price, but that wasn’t normal with the recent adjustments and normalizing in the market.

You also may be asking, is it a good time to sell in Helotes, Texas? So here in Bear County, the inventory is climbing and so are interest rates.

That may make some buyers weary, but it is also giving many more buyers opportunities that they did not have over the past few years. And as the data shows, buyers are still buying.

It can be scary understanding how to navigate this market, so call the experts. Please contact us at no cost or risk for a hassle-free strategy session. I’m looking forward to hearing from you. I’m  I’m Betsy Nava-Flores, associate broker of the Harvest Real Estate Group, and as always, we are here to serve.

For more Helotes, Texas real estate news, visit and follow us on Facebook!

How should you

PRICE YOUR SAN ANTONIO HOME?

Not all homes are equal. Compare “apples-to-apples”  –  get a CMA* created by your Helotes Texas Real Estate Expert.

  • Hidden

*Comparable Market Analysis (CMA) performed for accurately estimating property value.

Location. Condition. Upgrades.

Past sales are not the only determining factor. Careful consideration for comparable properties can make a huge difference in achieving your desired outcomes.

How we calculate your San Antonio home value

Tell us about your home

Information about your home will allow us to identify the most qualifying comparable sales in the area and provide you with a more accurate price.

Comparable analysis

We determine and assess comparable homes recently sold in your area and share our analysis with yours.

Going beyond comps

We get the “inside scoop” on properties in escrow to see if they could influence your pricing strategy.

Contact Form

We would love to hear from you! Please fill out this form and we will get in touch with you shortly.
  • Hidden
  • Hidden
    This field is for validation purposes and should be left unchanged.

Find out what your San Antonio home is really worth

  • Hidden