Median asking price for San Antonio homes falls for a third consecutive month

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Median asking price for San Antonio homes falls for a third consecutive month
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Although prices and the number of home sales fell in the Alamo City, available inventory continued to increase. SanAntonio SATX SanAntonioTX HomeSales Housing RealEstate

The decline in home sales could be a result of higher interest rates, with mortgage rates topping 6% this week for the first time since 2008.

The median asking price for homes here hit $339,200 in August, according to the San Antonio Board of Realtors', released Monday. The local median asking price peaked in May at around $348,800.

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