{"id":12827,"date":"2025-10-20T21:09:09","date_gmt":"2025-10-20T21:09:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/12827\/"},"modified":"2025-10-20T21:09:09","modified_gmt":"2025-10-20T21:09:09","slug":"san-antonio-posted-one-of-nations-steepest-declines-in-home-prices","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/12827\/","title":{"rendered":"San Antonio posted one of nation’s steepest declines in home prices"},"content":{"rendered":"

\"\"Home prices in San Antonio declined 9.7% since the market peaked in 2022. Credit: Wikimedia Commons \/ Ian Muttoo<\/p>\n

It\u2019s a bad time to be a realtor in the Alamo City. <\/p>\n

The San Antonio metro area has experienced one of the nation\u2019s steepest declines in home values between 2022\u2019s housing-bubble peak and this September, according to new data compiled by real estate blog ResiClub<\/a>.\u00a0<\/p>\n

Indeed, the average price of a San Antonio-area home has declined 9.7% since the market\u2019s peak \u2014 the fifth-steepest drop among the nation\u2019s 50 largest housing markets.\u00a0<\/p>\n

Further, the SA area experienced one of the steepest year-over-year declines in home prices at 3.1%. And, for September, it recorded the sharpest month-to-month reduction at 0.6%.\u00a0<\/p>\n

Even so, things are even worse north of Loop 1604. Austin experienced the country\u2019s worst residential real-estate downturn with home prices down 25.2% since the 2022 peak, according to the analysis. <\/p>\n

Meanwhile, New Orleans had the second steepest decline at 13.8%, followed by the San Francisco area at 12.6% and the Phoenix metro at 11.2%.\u00a0<\/p>\n

Metros with the Steepest Home Price Declines Since 2022 Peak:\u00a0<\/p>\n

1.) Austin, -25.2%<\/p>\n

2.) New Orleans, -13.8%<\/p>\n

3.) Bay Area, -12.6%<\/p>\n

4.) Phoenix, \u2013 11.2%<\/p>\n

5.) San Antonio, -9.7%<\/p>\n

The Sunbelt\u2019s significant drop in home prices is eerily reminiscent of the 2008 financial crisis, where steep declines in Florida, California, Nevada and Florida precipitated a larger market disaster.\u00a0<\/p>\n

ResiClub\u2019s data also comes as recession fears<\/a> mount and interest rates remain stubbornly high. A 30-year fixed mortgage is holding steady at 6.27%, the highest rate since 2007, \u00a0according to mortgage lender Freddie Mac<\/a>.<\/p>\n

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\n\t\t\t\t\tThe housing market chaos comes as other recession indicators blink red. \t\t\t\t<\/p>\n

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\n\t\t\t\t\t\t\t\t\t\t\t\t\"San\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n

\n\t\t\t\t\tCardholders will get discounts on team merch and home-game tickets along with VIP club access at the Frost Bank Center. \t\t\t\t<\/p>\n

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\n\t\t\t\t\t\t\t\t\t\t\t\t\"Rush\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n

\n\t\t\t\t\tThe legendary prog-rock group will perform at Frost Bank Center next September, and tickets go on sale this month. \t\t\t\t<\/p>\n

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