This Week in San Antonio
Flood Watch Issued for San Antonio Through Midweek
A Flood Watch takes effect Monday night for San Antonio and much of South Central Texas, with Gulf moisture driving daily rain and thunderstorms through Wednesday. Rainfall totals of 2 to 6 inches are possible, with the heaviest accumulations expected west of the city. Drier conditions are forecast to return by week's end.
Spurs Sports and Entertainment Seeks Public Input on Downtown Arena Plans
Spurs Sports and Entertainment is actively soliciting public feedback on plans for a new downtown San Antonio arena. Residents are being encouraged to participate in shaping the development before plans advance further. The process signals that the project is moving into a more concrete planning phase with community engagement as a stated priority.
San Antonio Film Festival Returns for Its 32nd Year
The San Antonio Film Festival is back, presenting more than 200 independent films alongside filmmaker Q&As and family-friendly events at venues across the city. Now in its 32nd year, the festival remains one of the more consistent cultural fixtures on the local calendar. Screenings and events are distributed across multiple SA venues throughout the week.
East Side Affordable Housing Project Stalled Despite $1.7M in City Funds
A long-delayed affordable housing development on San Antonio's East Side remains stalled, despite the city having committed $1.7 million in funding nearly a decade ago. Questions continue to mount over the project's timeline and use of public dollars. It is part of a broader pattern — a separate low-income housing project on the city's west side has also been reported as stalled.
Children's Chorus of San Antonio Expands Music Program to New Braunfels
The Children's Chorus of San Antonio is extending its reach to New Braunfels, offering its music program to students in grades four through eight. No audition is required to participate, lowering the barrier to entry for families interested in enrolling. The expansion reflects continued cultural and institutional ties between San Antonio and its neighboring communities to the north.
Real Estate Market
San Antonio's June home sales posted a 15% increase compared to the same month last year — the strongest year-over-year gain in some time, according to the San Antonio Board of Realtors. That number deserves context, though. The median sale price over the past three months sat at $260,000, down 2.6% from the prior year period, and sellers in April were accepting price reductions averaging $15,000, or roughly 4.6% off their initial list price. Volume is up, but pricing pressure has not gone away. What's actually driving the sales bump is inventory: San Antonio leads major Texas metros in active listing growth year over year, giving buyers more options and more room to negotiate than they've had in years. The market is more balanced than it has been — that's accurate — but balanced doesn't mean rising prices.
For buyers, the current environment is about as favorable as San Antonio has been since before the pandemic runup. Homes are averaging around 73 days on market, sellers are open to negotiation, and new home builders are still layering in incentives to compete with existing inventory. The overall cost of living in San Antonio remains about 9% below the national average, and the median sale price is 30% below the national median — factors that continue to draw relocating buyers, particularly from higher-cost metros. If rates ease at all in the second half of 2026, that demand could accelerate quickly given how much pent-up interest remains on the sidelines.
For sellers, the data is straightforward: realistic pricing is what's moving homes. The days of listing above market and waiting for multiple offers are not the current reality in most San Antonio neighborhoods. The 15% sales gain shows that buyers are active and willing to transact — they're just not willing to overpay into a softening price environment. Sellers who price accurately from the start are closing. Those who test the ceiling are sitting. That dynamic is likely to hold through the remainder of summer.