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 |
