If you’re wondering whether now is a good time to sell your house in San Antonio, February’s data gives a pretty clear picture: the market is stabilizing, but it’s not fully strong yet.
San Antonio Home Prices — Stabilizing, Not Surging
February’s pricing data shows a market that stabilized after January’s weak numbers, but hasn’t regained the strength we saw in December. Three of the four sources (Redfin, Zillow, and SABOR) posted modest month-over-month gains, while Realtor.com stayed flat — a clear shift from January’s broad declines.
In simple terms, prices aren’t falling right now, but they’re not pushing higher either. December was strong, January was weak, and February landed somewhere in the middle.
It’s encouraging that we didn’t see any follow-through from January’s softness. If I had to pick a direction, I’d say slightly up as we move into the spring season — but there are still unknowns, including the war in Iran, that could impact the market.
Days on Market — Homes Are Taking Longer to Sell
Days on market continued to tell a consistent story in February — the market is still soft.
Month over month:
• Redfin: 96 → 98 days (⬆)
• Realtor.com: 79 → 71 days (⬇, but still above December)
• Zillow: 67 → 69 days (⬆)
• SABOR: 98 → 102 days (⬆)
Three out of four sources show homes taking longer to sell, and even the one that improved hasn’t returned to December levels.
The bigger picture is clear:
Homes are sitting on the market longer than they were at the end of 2025. There’s no urgency right now from buyers, and sellers are having to wait longer to get deals done.
Listing Performance — More Negotiation, Fewer Clean Deals
February didn’t bring any major changes here — just a continuation of the same slow drift we’ve been seeing.
• Redfin Sale-to-List: 96.0 → 96.3
• Zillow – Below Ask: 64.3% → 65.3%
• Zillow – % of List: 98.2% → 98.0%
• SABOR Close to Original List: 91.4% → 91.9%
This is a mixed bag on the surface, but the underlying trend is consistent.
More homes are selling below asking price, and overall list-to-sale ratios are still weaker than they were late last year. At the same time, inventory continues to creep higher, which adds more competition for sellers.
The key takeaway:
There’s no sign of distress or panic discounting. Homes are still selling, but they’re taking more negotiation to get there.
Inventory & Sales — The Market Is Finding Balance
February showed some encouraging signs of stabilization after January’s seasonal slowdown.
• SABOR Sold: 1,974 → 2,363
• SABOR Active Listings: 15,033 → 15,081
• Months of Inventory: 5.49 → 5.51
• Zillow Inventory: 7,450 → 7,251
Sales activity picked up nicely from January, which is exactly what you want to see as we head into the spring season. While still below December’s peak, February confirms that demand hasn’t disappeared — it was just temporarily slowed.
At the same time, inventory growth has largely leveled off. After several months of increases, we’re now seeing a much more stable supply picture.
I am cautiously optimistic on the February sales and inventory numbers. I don’t feel like the market has a definite direction after February, but I am confident it is not straight down, which I worried about after January’s data.
What This Means If You’re Thinking About Selling
For homeowners in San Antonio, this kind of market creates a few important realities:
- Homes may take longer to sell
- Buyers are more selective
- Negotiations are more common
- Clean, fast offers are harder to find
That doesn’t mean you can’t sell — it just means expectations need to adjust to the current market conditions.
How’s Bill’s Business Going?
Mixed signals this month.
The good news is our house that had been sitting vacant for several months finally rented — big win there. We also made an offer on a house that I’d say has about a 50/50 shot of going through. On top of that, our rent-by-the-room property will be fully occupied as of April 11, which helps stabilize things.
That said, I haven’t committed to any new marketing yet. We’ve talked about jumping back into radio or testing a phone campaign, but haven’t pulled the trigger. My head tells me this is the time to be buying, but with the war in Iran pushing interest rates up, I’m not overly confident in what the right move is.
On the downside, we still haven’t found a tenant for our fully furnished rental. And in an interesting twist, a house we sold on an owner-finance note about two years ago may be coming back to us. The buyer has been trying to sell since July and recently asked if we’d take it back. I’ll be checking it out this weekend, but I expect we probably will.
On Deanna’s side, she’s starting to think about turning marketing back on. We still own the Wimberley property, and in hindsight, we likely paid too much for it. That one has definitely come with some lessons — which, while not fun, are always valuable.
Final Thoughts — A Market That Rewards Patience
For now, it’s a bit of a mixed bag — some solid progress, some lingering challenges, and a lot of cautious decision-making in an uncertain market.
The market right now feels like it’s in a transition phase — not weak, but not strong either. Activity is picking up in pockets, but hesitation is still clearly there, especially with interest rates and global uncertainty creating noise. My view is that this is probably the type of market where you’re supposed to be buying, but I don’t think the signal is clear enough yet to get aggressive. Which means I know what Warren Buffett would say — be greedy when others are fearful — I’m just not convinced this is the moment to lean into that.
For now, it looks like a market that rewards patience, disciplined execution, and waiting until the opportunity feels obvious instead of forcing it.
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Required-but-amusing legal note:
Per Redfin’s request (and their legal team’s gentle nudging), some of the data in this report is sourced from www.redfin.com.
Some of the data in this report is sourced from Zillow, SABOR (San Antonio Board of REALTORS®), and other third-party providers.
Friendly neighborhood disclaimer:
The thoughts, opinions, and interpretations shared in this report are my own and are provided for general informational purposes only. This is not financial, legal, or investment advice. Always do your own research and consult with a qualified professional before making real estate or investment decisions.