We ran First Look statistics for North San Antonio, and the numbers tell an encouraging story. The headline: year-over-year sales have improved four months in a row and turned positive this spring — from roughly -12% in January to about +4.5% in April. We believe the data now supports what we’ve suspected for a few months: the North Side likely found its bottom in 2025. The broader backdrop remains uncertain — consumer confidence is soft and mortgage rates have crept back toward the mid-6s — but North San Antonio’s local fundamentals are outperforming the national mood.

Key Highlights

  • North San Antonio closings reached roughly 1,065 in April, up about +4.5% year over year (vs ~1,025 a year earlier). Just as important is the trend: YoY sales went -12% (Jan) → -8% (Feb) → -1% (Mar) → +4.5% (Apr), four consecutive months of improvement. [Source: North SA MLS First Look sales series.]
  • Total pending/under-contract units [increased X.X%] year over year to [X,XXX], our strongest leading demand indicator. [Fill from First Look / SABOR.]
  • Months of Inventory [dropped from X.X to X.X] year over year, pulling the North Side toward balanced territory. [Fill from First Look / TRERC.]
  • Average Sold Price [edged X.X%] to [$XXX,XXX] and Median Sold Price [changed X.X%] to [$XXX,XXX] — a narrower gap than through 2024 and early 2025. [Fill from First Look.]
  • New Listings [decreased X.X%] and Withdrawn/Expired Listings [dropped X.X%] — fewer homes entering, fewer sellers giving up. That tightens supply quietly but meaningfully. [Fill from First Look.]

The Recovery Shows Up in the Year-over-Year Line

This is the cleanest signal in the dataset. North San Antonio sales spent the start of the year running double digits behind 2025, then closed the gap month after month and pushed into positive territory in April. Recoveries rarely arrive as a spike; they look exactly like this — a steady, grinding improvement in the comparisons until the sign flips. It just flipped.

Sales Confirm It

The level data agrees. The 2026 curve began the year as the lowest of the last three, then rose each month and overtook the 2025 pace by April (~1,065 vs ~1,025). Demand didn’t surge — it normalized and then strengthened, right into the seasonal spring climb. And it’s broad: the gain shows up in the unit count itself, not a handful of luxury sales.

Pending Units, Volume, and Pricing

[Fill from First Look once pulled. Same framing: lead with pendings as the forward indicator, confirm with dollar volume, then nuance average-vs-median — higher-end North Side areas like Stone Oak, Sonterra, The Dominion, and Alamo Heights typically recover first while entry-level lags.]

External read (Redfin): the broader North San Antonio area carried a median sale price near $370,000 in March, off about 2.4% from a year ago, with homes taking roughly 94 days to sell — a reminder that price recovery typically lags the turn in sales volume by a quarter or two.

Mortgage Rates and Consumer Confidence Are the Wild Cards

The national picture isn’t as clean as the North Side’s local data. The 30-year fixed averaged about 6.5% in early June (Freddie Mac PMMS — 6.52% as of June 11, 2026), reversing some of the spring’s affordability progress. The University of Michigan Consumer Sentiment Index came in at [XX.X] [confirm the latest reading]. Neither is catastrophic, but both are headwinds. The question is how long North San Antonio’s outperformance holds if rates stay elevated and confidence doesn’t recover.

If You’re a Buyer

This is a real window. Inventory is still elevated versus the pandemic years, seller motivation is real, and prices remain below the 2022 peak. Rates in the mid-6s aren’t ideal, but the buy-now-refinance-later calculus still applies if the home fits your life. Waiting for rates to fall while sales accelerate and inventory tightens is its own risk.

If You’re a Seller

The data supports more optimism than six months ago: sales are rising and have crossed above last year. But this isn’t 2021. Price correctly from day one — overpriced North Side listings are sitting, and the active buyers are well-informed and not chasing. Price it right, present it well, and the market will respond.

Always remember that real estate is hyperlocal and hypersituational. If we can help you with your home or property, or you’d like to strategize your situation, please reach out.