Monthly Archives: February 2013

San Antonio Real Estate – a Strong Finish to 2012

San Antonio Home SalesThe San Antonio housing market finished strong at the end of 2012 with a total of 19,940 homes sold, a 10% increase over the number of homes sold in 2011, according to the San Antonio Board of REALTORS® (SABOR) December 2012 Multiple Listing Service report.

The average sales price for single family homes sold in San Antonio in December 2012 was $192,789, a 4% increase from December 2011. The December 2012 median price was $160,200, a 5% increase over December 2011’s median price. Breakdowns in prices show that 64.6% of the homes sold were priced under $199,000, 32.04% homes sold were priced $200,000 – $499,000 and 3.17% of the homes sold were priced $500,000 and up.

Steven Gragg, 2013 SABOR Chairman of the Board  commented on the report saying, “our local economy has fared well this year, and that stability combined with job growth has supported a strong housing market.”

San Antonio saw a 2.79% increase in non-farm jobs in 2012 as unemployment fell to a seasonally adjusted rate of 5.8%, the lowest rate in four years. Job growth is expected to continue as factors such as Joint Base San Antonio and oil and gas production in the Eagle Ford Shale continue to attract people, companies and jobs to the San Antonio metropolitan area.

San Antonio was recently listed by Kiplinger.com at number 8 on a list of U.S. cities with high job growth expected over the next 5 years, Kiplinger.com anticipates that San Antonio will  add  150,000 more jobs over the next 5 years, which would be a 16% increase.

According to the National Association of REALTORS®, mortgage applications for home purchases have soared recently as buyers are taking advantage of historically low interest rates. As this demand for mortgage applications for purchases is viewed as a leading indicator for future home sales, early indications show that San Antonio can look forward to continued growth and increased home sales in 2013.

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Prospect Creek at Kinder Ranch Offers Luxury and Energy Efficiency

Prospect Creek at Kinder Ranch

Sitterle Homes is building High Performance new homes in Prospect Creek at Kinder Ranch, San Antonio

 

Kinder Ranch is a master planned community in the foothills of the Texas Hill Country. Located north of San Antonio, off of State Highway 281 and Borgfield Road, this gated community currently includes Willis Ranch, Prospect Creek and Prospect Creek Estates.When complete, the community will have a Junior Olympic swimming pool, a playground, sports court, walking trails and a soccer field. The community is in the Comal County Independent School District and is currently served by Kinder Ranch Elementary School, Spring Branch Middle School and Smithson Valley High School. A middle school and high school are both planned for construction within the community.

Sitterle Homes in Prospect Creek at Kinder Ranch – Sitterle Homes, is currently building its luxurious, Vintage Series homes in Prospect Creek at Kinder Ranch on 55’ or 65’ wide lots with floor plans ranging from 1852 square feet to just over 3400 square feet with prices starting at $230,000.
In addition to elegant architecture, quality materials and craftsmanship, Sitterle’s High Performance Homes offer many energy efficiency features such as open cell sprayed foam insulation in the attic space, a TRANE 15 SEER rate Air Conditioner, a High Efficiency gas furnace and Low-E windows.

David Weekley Homes in Prospect Creek at Kinder Ranch – Energy efficiency is also a key feature of David Weekley’s EnergySaver Homes at Prospect Creek at Kinder Ranch. Incorporating advanced framing techniques to create R-19 insulated exterior walls, R-38 and R-22 batt insulation in the ceiling, with a TRANE 16 SEER and natural gas furnace and LoE windows, all David Weekley Homes at Prospect Creek at Kinder Ranch will be Energy Star® certified and receive a HERS® Index rating for estimated energy usage.

David Weekley is currently offering a wide selection of one story and two story homes at Prospect Creek at Kinder Ranch, with floor plans from 1785 to just over 3000 square feet priced from the $230,000s.


Both David Weekley and Sitterle homes offer floor plans that can be customized with your selection of desired features including media room, children’s retreat, sunroom and 3 car garages.

If you are looking to build or buy an energy efficient new home in the San Antonio area, and would like more information about San Antonio communities and the home buying process, contact Trudy Edwards, for additional home buyer resources.