Far NW San Antonio Housing Update: Pre-Owned vs New Construction

What’s the current real estate landscape in Far NW San Antonio, and how do pre-owned homes stack up against new construction?

In Far NW San Antonio, the housing market is buzzing with both pre-owned listings and a surge of new construction developments. Buyers have plenty of options, while sellers are navigating a competitive environment shaped by attractive builder incentives.

The Pre-Owned Market at a Glance

The latest CMA data shows a wide range of pre-owned homes available in the Far NW side — from entry-level properties in the low $200s to well-upgraded homes priced into the $400s, with some listings reaching up to $500,000. These homes often feature mature landscaping, established neighborhoods, and immediate availability, making them appealing to buyers who want to skip construction wait times.

However, days-on-market vary greatly. Some competitively priced homes are moving quickly, while others linger if they lack updates or are priced too close to brand-new builds offering buyer perks. Sellers in this area need to price strategically and present their home in top condition to compete.

Market Supply: Months of Inventory

Based on the past 2 months of sales, the Far NW San Antonio pre-owned market currently has about 6 Months of Inventory.
(Calculated by dividing the number of active homes by the average number sold per month over the last two months.)
This means that at the current sales pace, it would take just over 6 months to sell through all existing inventory — signaling a market that offers buyers options, but still requires sellers to stay competitive.

New Construction Boom: DR Horton, Lennar, Pulte, Centex

The Far NW quadrant — bordered by Culebra Rd, Highway 211, Highway 90, and Loop 1604 — has become a hub for major builders, including DR Horton, Lennar, Pulte, and Centex. These communities often feature modern floor plans, energy-efficient designs, and access to growing retail and dining hubs.

Popular Developments and Features

• DR Horton: Move-in ready inventory with quick-close options.
• Lennar: “Everything’s Included®” packages — upgraded finishes without extra cost.
• Pulte Homes: Customizable layouts and lifestyle-oriented designs.
• Centex: Affordable pricing with new-build warranties and modern amenities.

The Incentive Advantage for New Construction Buyers

Builders in this area are rolling out incentives to win buyers — especially as they compete with the resale market. Common offers include:

• Closing cost assistance: Often several thousand dollars when using the builder’s preferred lender.
• Interest rate buydowns: Temporary or permanent reductions in mortgage rates to lower monthly payments.
• Upgrade packages: Complimentary appliance upgrades, flooring enhancements, or landscaping.

These incentives can effectively close the price gap between new and pre-owned homes for some buyers.

Pre-Owned vs New: The Buyer’s Dilemma

For buyers, the decision often comes down to:

• Immediate occupancy vs. build timeline
• Established neighborhoods vs. developing communities
• Character and maturity vs. brand-new finishes
• Negotiating with a seller vs. structured builder incentives

Sellers must recognize that they’re not only competing with other pre-owned homes — they’re also competing with the marketing power, financing perks, and shine of new construction.

Tips for Sellers in the Far NW Market

• Price with precision: Review active competition, including builder pricing, before setting your list price.
• Highlight advantages: Showcase upgrades, larger lot sizes, or location benefits not found in nearby new builds.
• Offer buyer perks: Consider your own incentives, such as covering a portion of closing costs or offering a home warranty.

Takeaway

The Far NW San Antonio housing market is dynamic, with a healthy mix of pre-owned inventory and rapidly expanding new communities. Whether you’re buying or selling, understanding how builder incentives and inventory levels impact the market will help you make more informed decisions.

Ready to navigate this market?
Reach out to Mark Stillings for a detailed analysis of your home’s current market value or to learn about the latest deals and promotions from builders like DR Horton, Lennar, Pulte, and Centex in Far NW San Antonio.

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