Tag Archives: MLS

Texas’ Existing Home Sales Up 9%

COLLEGE STATION (Real Estate Center) – Sales of existing single-family Texas homes in November were up 9 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 15,000 homes were sold, data showed. The median home price was $147,600, up 1 percent from a year ago, and the state’s overall inventory was at 6.6 months.

November 2011 MLS data for many Texas cities are available on the Center’s website. Here is a sampling (data current as of Dec. 15, 2011):

 

Sales

Change from
Last Year

Median
Price

Change from
Last Year

Months’
Inventory

Abilene

113 down 2% $129,200 up 47% 5.6

Amarillo

196 up 45% $128,100 down 2% 5.9

Arlington

272 up 5% $131,600 up 4% 4.8

Austin

1,481 up 12% $186,400 up 3% 4.6

Bryan-
College Station

124 up 23% $156,200 down 2% 8.7

Dallas

3,254 up 16% $151,100 down 2% 5.3

Fort Worth

574 down 1% $107,900 no change 5.8

Houston

4,343 up 11% $153,800 up 2% 6.4

Laredo

55 down 30% $121,400 down 8% 7.1

Longview-
Marshall

129 down 9% $139,500 up 14% 9.8

Lubbock

178 up 5% $123,500 up 4% 7.2

McAllen

137 down 9% $115,300 up 9% 15.3

Odessa

81 up 69% $125,000 down 19% 3.5

San Antonio

1,265 down 3% $145,400 down 5% 7.2

Texarkana

75 up 36% $92,500 down 10% 9.4

Texas

15,059 up 9% $147,600 up 1% 6.6

 

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August Texas Existing Home Sales Up 24%

COLLEGE STATION (Real Estate Center) – Sales of existing single-family Texas homes in August were up 24% 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 21,200 existing single-family homes were sold, data showed.

The median home price was $153,200, about the same as a year ago, and the state’s overall inventory was at 7.4 months.

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

 

Sales

Change from

Last Year

Median

Price

Change from

Last Year

Months’

Inventory

Abilene

174 up 21% $108,900 down 11% 6.3

Arlington

431 up 39% $132,100 down 2% 5.8

Austin

2,193 up 31% $194,600 no change 5.8

Beaumont

160 down 8% $144,600 up 6% 12.3

Brownsville

78 up 32% $117,100 up 3% 13.5

Dallas

4,540 up 31% $163,500 down 1% 6.4

Fort Worth

778 up 12% $124,900 up 3% 6.6

Houston

6,063 up 29% $157,700 up 1% 7.2

McAllen

185 up 35% $109,700 down 6% 15.1

Odessa

89 up 3% $142,500 down 5% 4.3

Port Arthur

55 down 5% $103,800 down 6% 13.3

San Antonio

1,811 up 9% $153,500 down 4% 7.9

South Padre

Island

25 down 7% $197,500 up 20% 41.9

Texarkana

85 up 1% $106,200 up 2% 10.2

Waco

184 up 26% $118,900 down 11% 9.9

Texas

21,246 up 24% $153,200 no change 7.4

 

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Reviewing Your MLS Listing Information

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MLS Property Status Terms

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Understanding the Multiple Listing Service (MLS)

This video was produced by the Houston Association of Realtors and it explains the Multiple Listing Service (MLS) to consumers. From my website, consumers can view all of the listings in the MLS. You can look for homes based on your search criteria.

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Houston Real Estate Milestones

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.

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What is your home worth?

I have added a new feature to my home page that can tell you what your home is worth. When you submit your property address a custom, current Market Snapshot is created specifically for you and sent to your email in box within thirty minutes. The information gathered is the most current available from the Houston Multiple Listing Service Database. It provides information to help consumers see what other houses near them have sold for, how many days those houses spent on the market before selling, and selling prices of homes that are for sale. It provides the information in various forms including graphs and charts. Please feel free to use this service whether you are in the market to sell your home or not. It provides very useful information that all consumers should be aware of. If you have any questions about your market analysis please let me know and I will gladly go over it with you. I hope you find this information of value and will share it with your friends.

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