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August Existing Home Sales Up 31 Percent in Dallas Metroplex!

Posted by on Sep 30, 2011 in Buyers, Dallas Metroplex Housing Market, Housing Market Update, Real Estate, Rockwall/Heath Housing Market, Seller Alert!, Sellers, Texas Housing Market | 0 comments

Sales of existing single-family Texas homes in August were up 24 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 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

Source: Real Estate Center

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