TEXAS (Real Estate Center, CNNMoney.com) – A total of 18,643 existing single-family homes were sold in Texas last month, a 4 percent increase from September 2008, according to MLS data compiled by the Real Estate Center at Texas A&M University.
The median price rose 2 percent to $147,900 during the same period, and the state finished the month with a 7.1-month inventory of existing homes.
Here is how select Texas cities fared in August (data current as of Oct. 23, 2009):
| Sales | Change from Last Year |
Median Price |
Change from Last Year |
Months’ Inventory |
|
| Austin | 1,974 | up 8% | $182,700 | no change | 6.4 |
| Beaumont | 146 | up 76% | $131,400 | down 3% | 8.9 |
| Bryan–College Station | 128 | down 12% | $152,500 | up 8% | 7 |
| Dallas | 4,010 | down 7% | $156,400 | up 4% | 6.3 |
| El Paso | 485 | up 8% | $130,000 | down 3% | 8.7 |
| Fort Worth | 744 | down 13% | $112,500 | down 4% | 6.7 |
| Houston | 5,315 | up 31% | $155,600 | no change | 6.5 |
| Lubbock | 248 | no change | $111,000 | down 2% | 5.5 |
| San Antonio | 1,604 | down 3% | $146,700 | up 2% | 8.1 |
| Wichita Falls | 106 | down 24% | $121,100 | up 35% | 7.5 |
Additional home sales data for these and other major Texas cities are available on the Center’s website.
Meanwhile, the National Association of Realtors reported today that, nationally, year-over-year sales of existing homes were up 9.2 percent last month. The median price of homes sold in September was $174,900, down 8.5 percent from last year.
