San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-08-26
REALTY SALES
ARE VERY GOOD
THIS SUMMER
August Of 1923 Greater
Than Any Corresponding
Month for Activity.
173 DEALS In WEEK
Involve Property Valued
at $316,529-Issue 40
Building Permits.
173 DEALS In WEEK

Real estate activity this month in
san Antonio probably is greater than
that Of any corresponding month in
the history of the city. During any
week of August, realty values have not
fallen below the $250,000 mark. The
highest weekly figure was greater than
$450,0O0. Last week 173 deeds were
filed in the public records at the court
house representing property that had
been sold during six-day priod in
volving $316,529. This is one of the
highest figures of the year.
Building operations slumped slightly
last week and only 40 building per-
mits were issued by building inspec-
tors for new construction to cost $780,
495.
Contrary to the usual summer
slump in real estate trading, August
of this year has SO far, been one OF
the best months in the history of Sau
Antonio. The local real estate mar
ket has been active continuously
throughout the hot days and it is safe
to predict that the summer of 1928
will have been the greatest in the
real estate history here.
Last week saw one of the most &C.
tive real estate markets of the year
when q total of 173 sales were made
involving property valued at $780,
500.
Largest Day Monday.
On Saturday q list of 30 warranty
deeds were filed for record, represent
ing property valued at $54,211. This
was about the average daily figure,
however, the largest day, Monday
brought IA total of 073,361.
On Monday, however, the smallest
number of deeds were filed which was
only twenty-five. The largest deal
during this day was made by o. f.
Heinen. He sold property to Alexan-
der Joske. A deed to lot four, city
block ITO, fronting on South Flores
street, was filed. Other deals of the
day ranged from $40 to $4,000.
AZ Twenty-Five real estate transfers
were made in Bexar county Tuesday
Involving property valued at 33. 575.
The largest deal of this day involved
only $4,000. Property was sold by II.
G. J. Hartman to William G. Raw.
The deed was for lot II. block 1, new
city block 5000, French Place.
Wednesday, activity in the real es-
tate market took sudden increase
and q total of thirty-eight sales were
made. This was the largest number
made on a single day Of the week. The
y amount involved was the second
largest Of the week. The property sold
during the day was valued at $780,
465.
On the following day, Thursday, a.
tivity decreased only slightly as 30
deeds were filed for record represent
ing property valued at .S56, 300.
Friday the same number Of deeds
ewere filed but the amount involved by
the same number of sales was only
So, sos.
Building Maintains Average.
Although building activity last week
slumped slightly below the record set
duriQg the prior week, the acverage
of weekly new construction was
maintained when the total of 40 build
ing permits were issued by Gus Mig
eli and Joe Bova, city building in
spectors. for new construction to cost
SOC. 495.
Monday was the largest day for new
building when a total Of nineteen per-
sons applied to the building inspectors
for permission to construct new build
ings to cost S1S.015. The largest
number Of permits were issued during
this day and also the largest amount
of building was authorized for con-
struction.
Tuesday, activity was only on a
slight slump as a total of eleven
building permits were issued for new
construction to cost S17.130. During
, the following three days the number
Of permits issued daily did not sur.
pass seven but an average of 10000
daily In new building was maintained.