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San Antonio homes took a median 109 days to sell, the study's second-longest wait nationwide, even with a median list price near $322K.
Affordability alone did not speed sales. Higher mortgage rates pushed monthly payments high enough that a typical local buyer still faced budget strain.
Supply shaped the slowdown: San Antonio carried 6.2 mo of unsold inventory versus 3.9 nationally, giving shoppers far more listings to compare.
The selling timeline lengthened fast, with median days on market ↑28 yearly, one of the sharpest increases among metros tracked in the study.
Sellers often adjusted expectations: >30% of listings saw price reductions before selling, while high Texas property taxes made longer holding periods harder.