Editor's Note: San Antonio, TX real estate expert firm Phyllis Browning Company talks the latest on the area's luxury real estate and tips on things to do in March in this Q&A.
How has the luxury real estate market in your market been performing so far in 2020?
Across our four offices, we have seen great performance in the Luxury Market thus far. These high-performing markets include San Antonio, New Braunfels and Boerne.
Many of our agents have shared that they have clients searching for homes from $600K to $1.3M throughout San Antonio including Alamo Heights, Monte Vista, Terrell Hills and Olmos Park (highly desirable suburbs within the heart of San Antonio).
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What are buyers looking for in their homes in your market in 2020?
Items that set apart a home include award-winning design, decked out casitas and the ability for overnight rental. Many agents mention that buyers are looking for flex-use spaces that may accommodate not only short term rentals but perhaps a unique family situation. Our agents have noticed a theme within desirable décor is peaceful, calming colors in a very neutral palette (shades of white and pale blues). Of course, buyers are always looking for a home loaded with amenities. And finally, location is almost always the deciding factor.
Photo Credit: Phyllis Browning Company
Which has been a highlight sale for you so far in 2020?
Our biggest sale of 2020 was represented by Phyllis Browning company on both sides, by two of our top and longest-tenured agents. This home was sold in Terrell Hills, off-market for just under $3 million.
Photo Credit: Jônt
Are there any new restaurants or other spots in your market you’ve been loving lately?
A more recent mecca for fine dining, the renovated and repurposed Pearl Brewery is now a haven for fantastic shopping, dining as well as a gorgeous weekend farmer’s market, right in the heart of San Antonio. A few of these great restaurants include Supper (at Hotel Emma), Cured, and Southerleigh Fine Food and Brewery.
Photo Credit: Jônt
It’s time for spring break. What is a fun activity in your market?
A few great South Texas activities include biking along the San Antonio river and floating on the Guadalupe River near our downtown New Braunfels office.