NEW LISTING – 837 W. Ashby Pl 78212 – $302,500

837 W. Ashby Pl - Alta Vista

837 W. Ashby Pl – Alta Vista

Oasis in Alta Vista. This centrally located property includes a 1264 sqft 2 bedroom and 2 bathroom main house, 446 sqft guest quarters with full bathroom, pool, and 100 sqft storage room. Adjacent to San Pedro Springs Park and minutes to downtown, major highways, & Pearl. French doors connect the kitchen and dining room to the private patio and beach entry pool. Perfect for entertaining. Second floor master bedroom opens onto a deck overlooking the pool. **Click on the photo for more information and photos.**

NEW LISTING – 603 Fulton Ave. 78212 – $287,500

603 Fulton Ave - Alta Vista

603 Fulton Ave – Alta Vista

Stunning Alta Vista 1,679 sqft corner home features 3 bedrooms, 2 bathrooms & bonus room/office. Guest house apartment with 360 sqft offers rental income opportunity. Open floor plan leads to kitchen with granite counters, new stainless steel appliances & gas cooking. Spacious Master Suite includes private bathroom with double vanities and walk-in closet. Enjoy backyard privacy with deck and separate patio. New roofs, electrical, plumbing, foundation (with warranty) & xeriscaped gardens ease maintenance worries. **Click on the photo for more information and photos.**

 

NEW LISTING – 515 W Gramercy Pl. 78212 – $467,000

515 W. Gramercy Pl - Alta Vista

515 W. Gramercy Pl – Alta Vista

Spacious 2944sf midtown home with 6 bedrooms and 3 bathrooms. 1st & 2nd floor master suites. Two updated baths. Island kitchen has granite counters, slate backsplash, gas cooking, pantry, and a built-in bookcase. Craftsman crown moldings, built-in shelves, cedar closets, and original hardwood floors. More storage under stairs, utility room, and large shed next to the second driveway. Large front porch and deck in park-like backyard shaded by mature trees. Front yard and back yard auto sprinklers for upkeep of big .31 acre lot. Detached 2-car garage with 397sf studio apartment. **Click on the photo for more information and photos.**

How’s the market? Hot!

This recent article was posted in the San Antonio Business Journal about the residential real estate market in San Antonio. While the article focuses mostly on Alamo Heights I can attest that the seller’s market discussed is also happening in the downtown and central city neighborhoods. It has been my experience recently both on the listing and buying side that desirable homes that are priced well will receive multiple offers. The title of the article says it best, “The pace is back.”

 

“The Pace is Back.”

By Shari L. Biediger for San Antonio Business Journal

A co-founder of the boutique firm Nix Realty, Kate Park recently showed a charming 4-3-2 on a tree-lined street in Alamo Heights, only to receive a text message from the listing agent while walking back to her car.

The house just received an offer from another buyer — one who had not yet seen the property.

“The pace is back,” says Park. “It is fun.

Turn down those thermostats. Local home sales are heating up faster than the patio furniture cushions on a sizzling, summer day. And not just in the popular pockets of the past. Some of the city’s sleeper markets are awakening.

“The number of days on the market continues to drop, average sales prices continue to increase, while months in inventory continue to decrease,” says Steven Gragg, chairman of the San Antonio Board of Realtors. “Last year was a really good year. And now, within the first quarter of 2013, we are 15 percent ahead of 2012.”

Ready to pounce

It’s a trend that began last summer, says Park.

“The pace was fast in 2012 for the same three months, March to May,” says Park. “But this year, it seems as though there are more properties selling with multiple offers, which usually equates to the seller getting closer to their asking price, or even more than their ask in a few cases.”

Low interest rates and higher consumer confidence are drivers. It doesn’t hurt that election year has passed.