July Texas Existing Home Sales Up 18%

Shannon Register, Broker/Owner — Thu, 01 Sep 2011 21:14:54 +0000

COLLEGE STATION (Real Estate Center) – Sales of existing single-family homes
in Texas in July were up 18 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.

Nearly 19,630 existing single-family homes were sold, data showed.

The median home price was down 1 percent to $153,200, and the
state’s overall inventory was at 7.9 months.

July 2011 MLS data for many Texas cities are available on the Center’s website. Here is a
sampling (data current as of Aug. 29, 2011):

	Sales	Change from Last Year	Median Price	Change from Last Year	Months’ Inventory
Amarillo	267	up 47%	$124,400	down 1%	7.3
Austin	2,178	up 33%	$193,900	down 9%	6.5
Brownsville	47	down 11%	$91,200	down 15%	13.1
Corpus Christi	329	up 19%	$145,900	up 8%	10
Dallas	4,064	up 21%	$165,100	down 2%	7
El Paso	466	up 12%	$133,900	down 4%	7.8
Fort Worth	724	up 18%	$109,700	down 5%	6.9
Harlingen	65	down 6%	$88,300	up 12%	23.6
Houston	5,544	up 17%	$159,300	up 1%	7.7
Lubbock	311	up 38%	$119,000	up 5%	8
San Angelo	100	up 1%	$124,600	up 5%	6.9
San Antonio	1,731	up 11%	$155,600	down 4%	8.4
Temple- Belton	158	up 12%	$125,000	up 8%	9.5
Tyler	278	up 9%	$139,200	up 3%	14.5
Wichita Falls	181	up 74%	$60,700	down 37%	8.8
Texas	19,628	up 18%	$153,200	down 1%	7.9

"July Texas Existing Home Sales Up 18%" was originally posted as a blog post at RREA.com on September 1, 2011.

Houston Real Estate Milestones

Shannon Register, Broker/Owner — Mon, 02 Nov 2009 15:09:41 +0000

According to Rob Cook, the 2009 MLS Chairman and the Houston Association of Realtors, we met a few milestones back in August and I wanted to share them with you. The median price for a single-family home rose for the 4th straight month to the 3rd highest level of 2009 ($160,880.00). The average price of a single-amily home reached its 3rd highest level of the year ($213,396.00). Month-over-month volume of single-family home sales reached the 3rd highest level of 2009. Month-over-month volume of townhouse/condominium sales reached the 3rd highest level of 2009. Month’s inventory of singel-family homes dipped from 6.7 to 6.5 months compared to the national average of 9.4 months. This is all good news for the housing market that I wanted to share with you as you are making real estate decisions as we head into 2010.

"Houston Real Estate Milestones" was originally posted as a blog post at RREA.com on November 2, 2009.

Register Real Estate Advisors » median home price

July Texas Existing Home Sales Up 18%

Houston Real Estate Milestones