San Antonio Real Estate Market Update March 2026 | Weekly Housing Trends

San Antonio Weekly Housing Market Update

What Buyers and Sellers Need to Know Right Now

If you’re watching the San Antonio housing market, the past week tells an interesting story. Inventory remains strong, sellers are still offering meaningful concessions, and mortgage rates have ticked up slightly. For buyers and sellers alike, understanding these numbers helps you make smarter decisions.

Here’s what happened in the San Antonio single residential market over the past week.

Market Activity Snapshot

Over the last seven days in San Antonio:

• 6,091 homes actively on the market
  • 1,093 new listings
  • 540 homes sold
  • 798 homes went pending
  • 1,971 price changes

This tells us the market continues to move, but buyers still have options. With over six thousand homes available and nearly two thousand price adjustments, sellers are responding to market conditions and buyers still have negotiating room.

 

Home Prices This Week

Looking at the 540 homes that sold:

• Average sold price: $354,060
  • Median sold price: $315,260
  • Average price per square foot: $172.03
  • Median price per square foot: $164.04

The average home sold was just over 2,000 square feet, showing buyers are still prioritizing space, functionality, and family friendly layouts.

Homes are taking around 77 days on market at the median, which suggests buyers are taking time to evaluate homes rather than rushing into offers.

 

Seller Concessions Continue to Help Buyers

One of the most important numbers in the weekly data is seller concessions.

• Average seller concessions: $12,146
  • Median seller concessions: $10,000

This is a significant benefit for buyers.

Seller concessions can often be used to:

• Cover closing costs
  • Reduce cash needed at closing
  • Pay for discount points to buy down an interest rate
  • Lower monthly mortgage payments

For example, negotiating $10,000 in concessions could allow a buyer to buy down their rate or offset closing costs, making the purchase much more affordable.

 

Mortgage Rates This Week

Mortgage rates increased slightly this week and reached a seven month high.

Current average rates ended the week around:

• 30 year fixed: 6.41%
  • 15 year fixed: 6.01%
  • 30 year FHA: 5.87%
  • 30 year VA: 5.89%
  • 30 year jumbo: 6.60%

Even with rates higher than earlier this year, buyers can still use seller concessions to reduce their effective interest rate and monthly payment.

This is where negotiation strategy matters.

 

What This Means for Buyers

For buyers entering the San Antonio market right now:

• Inventory is healthy
  • Sellers are still offering concessions
  • Price reductions are happening
  • Homes are taking longer to sell

That combination creates negotiating opportunities for buyers who are prepared and working with a knowledgeable agent.

 

What This Means for Sellers

For sellers, the data shows the importance of proper pricing and presentation.

With more than 6,000 homes competing for attention, homes that are priced correctly and marketed well are still selling.

However, sellers who price too aggressively are seeing price reductions or longer days on market.

 

Local Insight Matters

The San Antonio market is unique because of its size and the diversity of neighborhoods across the city.

As a 23 year Air Force veteran and a Top 1% producing Realtor in San Antonio, I work with both local and relocating buyers every week to help them navigate pricing, negotiations, and market strategy.

Understanding how to leverage seller concessions, negotiate repairs, and position an offer correctly can make a significant difference in today’s market.

 

If you’re thinking about buying or selling a home in San Antonio, staying informed about weekly market trends can give you a real advantage.

And if you’re planning a move to the area, having a strategy built around current market conditions can help you make the best decision for your family.