San Antonio new home sales jump as prices decline

HomesUSA.com reports higher Days on Market, rising pending sales San Antonio, TX – March 24, 2026 – New home sales in the San Antonio area increased in February as the average of new home sales rose to 866, up from 795 in January, according to the latest HomesUSA.com New Home Sales Report. At the same time, pending sales increased in the San Antonio market, suggesting a modest uptick in buyer activity. “San Antonio builders are still looking for some love as the spring market approaches,” said Ben Caballero, CEO of HomesUSA.com and the nation’s top-ranked real estate agent. The HomesUSA.com New Home Sales Report exclusively uses data reported to the local Multiple Listing Services, the most comprehensive, current, and accurate information from the San Antonio Board of REALTORS®, along with the REALTOR® Associations of North Texas, Houston, and Austin. All averages are based on three-month moving averages to capture seasonality and remove anomalies. New home sales in the San Antonio area increased in February to 866, up from 795 in January. “While new home sales increased in February, the moderate increase in pending sales says the spring market in the San Antonio area will not be robust,” said Caballero. “Local builders continue to manage pricing carefully while buyers remain selective, telling us we are not out of the woods yet.” Days on Market in the San Antonio market increased in February to 109.92 days from 108.89 days in January. The San Antonio area’s new home sale price average declined in February to $345,399 compared to $358,645 in January. A year ago, the average new home price in February 2025 was $330,286. Pending sales in the San Antonio market increased in February to 889 from 829 in January. “That reflects an expected increase, but not enough to get excited about as we head into the spring selling season,” Caballero noted. Active listings in the San Antonio area increased slightly in February to 5,404 from 5,401 in January, “as local builders impatiently await the sales sunshine,” Caballero added. HomesUSA.com Texas New Home Sales Report and New Home Sales Index typically are issued before the monthly U.S. Commerce Department’s New Residential Sales Report. However, that report is currently on hold, last released on September 24, 2025. See this link for more information - https://www.census.gov/construction/soc/schedule.html. About the Report The HomesUSA.com monthly report covers closed sales recorded in MLSs by the 10th day of the following month. The report features 3-month moving averages for six essential market data points, including DOM, sales volume, sales prices, sales-to-list price ratio, pending sales, and active listings. We also provide a master chart for the 12-month moving averages for comparison. Caballero explains that the 3-month moving average indices track market seasonality, while the 12-month moving average removes seasonality and tracks the longer trend. DAYS ON MARKET: Selling times edge higher Days on Market in the San Antonio market increased in February to 109.92 days versus 108.89 days in January. By comparison, the statewide average increased to 119.04 days versus 116.75 days the prior month. Note: New homes typically spend more time on the market than existing homes because many are listed while still under construction. Each MLS may calculate DOM differently, so direct comparisons may not always be reliable. (Chart: New Homes Days on Market) NEW HOME SALES: San Antonio sales jump New home sales in the San Antonio market increased in February to 866 versus 795 in January. By comparison, statewide new home sales declined to 5,294 versus 5,373 in January. (Chart: New Home Sales) NEW HOME PRICES: Average price declines Average new home prices in the San Antonio market declined in February to $345,399 versus $358,645 in January. By comparison, the statewide average new home price rose to $422,038 versus $420,381 the prior month. (Chart: New Home Prices) PENDING SALES: Contract activity strengthens Pending sales in the San Antonio market increased in February to 889 versus 829 in January. By comparison, statewide pending sales also increased to 5,787 versus 5,450 in January. (Chart: Pending New Home Sales) ACTIVE LISTINGS: Inventory edges marginally higher Active listings in the San Antonio market increased marginally in February to 5,404 versus 5,401 in January. By comparison, statewide active listings declined slightly to 35,169 versus 35,412 in January. (Chart: Active Listings) SALES-TO-LIST PRICE RATIO: Prices remain close to asking New homes in the San Antonio market continued to sell close to asking price in February, with the average sales-to-list price ratio at 95.65% versus 95.90% in January. By comparison, the statewide average sales-to-list price ratio edged up slightly to 96.63% versus 96.59% the prior month. (Chart: Sales-to-List Price Ratio) About the HomesUSA.com New Home Sales Index The HomesUSA.com monthly report covers closed sales recorded in MLSs by the 10th day of the following month. The report features 3-month moving averages for six essential market data points, including DOM, sales volume, sales prices, sales-to-list price ratio, pending sales, and active listings. We also provide a master chart for the 12-month moving averages for comparison. Caballero explains that the 3-month moving average indices track market seasonality, while the 12-month moving average removes seasonality and tracks the longer trend. About Ben Caballero and HomesUSA.com® Ben Caballero, founder and CEO of HomesUSA.com, is a three-time Guinness World Records title holder for “Most annual home sale transactions through MLS by an individual sell-side real estate agent – current.” Ranked by REAL Trends as America’s top real estate agent for home sales since 2013, Ben is the most productive real estate agent in U.S. history. He is the only individual real estate agent to reach nearly $4 billion in residential sales transactions in a single year ($3.93 billion in 2024), the first agent to exceed $3 billion (2022), the first to exceed $2 billion (2018–2020), and the first to exceed $1 billion (2015–2017). An award-winning innovator and technology pioneer, Ben works with more than 70 home builders in Dallas-Fort Worth, Houston, Austin, and San Antonio. Ben’s podcast series is available widely, including Apple Podcasts, Spotify, YouTube Music and YouTube. Learn more at HomesUSA.com | Twitter: @bcaballero - @HomesUSA | Facebook: /HomesUSAdotcom.