Texas Existing Home Sales, Prices Up

Texas Existing Home Sales, Prices Up

COLLEGE STATION (Real Estate Center) – Sales of existing single-family Texas homes in September were up 14 percent from a year ago, according to the most
recent Multiple Listing Services (MLS) data compiled by the Real Estate Center at Texas A&M University.

More than 17,600 existing single-family homes were sold, data showed.

The median home price was $149,100, up 2 percent from a year ago, and the state’s overall inventory was at 7.1 months.

September 2011 MLS data for many Texas cities are available on the Center’s website. Here is a sampling (data current as of Oct. 27, 2011):

 

Sales

Change from

Last Year

Median

Price

Change from

Last Year

Months’

Inventory

Austin

1,839 up 31% $187,500 down 2% 5.5

Bryan-

College Station

131 up 7% $156,400 up 5% 9.4

Dallas

3,571 up 13% $157,900 up 2% 6

Fort Bend

789 up 17% $200,200 up 2% 5.8

Fort Worth

692 up 12% $112,400 up 2% 6.2

Galveston

64 down 3% $172,000 up 29% not available

Houston

5,079 up 17% $155,800 up 2% 6.9

Laredo

77 up 4% $127,500 up 11% 7.2

Nacogdoches

34 up 6% $123,300 up 3% 10

Palestine

33 up 6% $112,500 up 46% 14.9

Paris

26 down 7% $106,700 up 12% 14.3

San Antonio

1,578 up 8% $150,800 down 1% 7.6

San Marcos

15 down 40% $165,000 up 50% 8.3

Sherman-

Denison

90 up 17% $95,000 up 33% 10.5

Victoria

77 up 8% $130,000 up 10% 4.6

Texas

17,616 up 14% $149,100 up 2% 7.1