Texas’ Existing Home Sales Up 4 Percent in December 2011
Sales of existing single-family Texas homes in December were up 4 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 16,500 homes were sold, data showed. The median home price was $150,700, about the same as a year ago, and the state’s overall inventory was at six months.
December 2011 MLS data for many Texas cities are available on the Center’s website. Here is a sampling (data current as of Jan. 30, 2012):
|
|
Sales |
Change from |
Median |
Change from |
Months’ |
|
Austin |
1,738 | up 11% | $188,200 | down 2% | 4.2 |
|
Beaumont |
151 | up 2% | $114,000 | down 14% | 11.1 |
|
Brownsville |
39 | down 33% | $86,800 | down 22% | 12.4 |
|
Dallas |
3,315 | up 3% | $162,800 | up 1% | 4.7 |
|
El Paso |
420 | down 9% | $97,900 | down 27% | 7 |
|
Fort Worth |
645 | up 5% | $112,500 | down 6% | 5.2 |
|
Houston |
5,048 | up 7% | $160,400 | up 2% | 5.9 |
|
Midland |
134 | up 17% | $184,000 | down 1% | 3.3 |
|
San Antonio |
1,393 | up 3% | $148,400 | down 6% | 6.6 |
|
Sherman- |
84 | up 22% | $96,700 | up 3% | 8.8 |
|
Temple- |
115 | up 4% | $120,700 | down 13% | 7.9 |
|
Tyler |
198 | down 5% | $130,800 | up 1% | 11.4 |
|
Victoria |
74 | up 37% | $131,100 | down 2% | 3.8 |
|
Waco |
153 | up 2% | $116,200 | down 1% | 9 |
|
Wichita |
81 | down 31% | $102,300 | down 9% | 7.6 |
|
Texas |
16,505 | up 4% | $150,700 | no change | 6 |
Texas’ Existing Home Sales Up 9 Percent In November
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 |
Median |
Change from |
Months’ |
|
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- |
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- |
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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TEXAS’ EXISTING HOME SALES CLIMB, PRICES INCH UP
A total of 19,347 existing single-family homes were sold in Texas last month, a 15 percent increase from October 2008, according to MLS data compiled by the Real Estate Center at Texas A&M University.
The median price rose 1 percent to $143,300 during the same period, and the state finished the month with a 6.9-month inventory of existing homes.
Here is how select Texas cities fared in October (data current as of Nov. 24, 2009):
| Sales | Change from Last Year |
Median Price |
Change from Last Year |
Months’ Inventory |
|
| Abilene | 163 | up 41% | $97,700 | down 26% | 5.5 |
| Austin | 1,993 | up 38% | $179,800 | down 5% | 6.1 |
| Dallas | 4,146 | up 12% | $153,000 | down 1% | 6 |
| Fort Worth | 833 | up 8% | $112,300 | no change | 6.5 |
| Houston | 5,388 | up 14% | $148,000 | up 4% | 6.4 |
| Longview-Marshall | 176 | down 6% | $121,500 | up 2% | 8.9 |
| McAllen | 188 | down 3% | $101,500 | down 7% | 13.6 |
| Midland | 121 | down 6% | $165,500 | down 3% | 1.8 |
| San Antonio | 1,760 | up 24% | $138,600 | down 4% | 7.7 |
| San Marcos | 14 | up 27% | $150,000 | up 5% | 9.1 |
| Texas | 19,347 | up 15% | $143,300 | up 1% | 6.9 |
Additional home sales data for these and other major Texas cities are available on the Center’s website.
At the national level, the National Association of Realtors reported this week that single-family home sales rose 9.7 percent to a seasonally adjusted annual rate of 5.33 million in October from a pace of 4.86 million in September. That was 21.4 percent above the October 2008 pace. The median price was $173,100 in October, down 6.8 percent from a year ago.
Source: Real Estate Center, Realtor.org
Read MoreTexas Existing Home Sales and Prices UP!
A total of 18,643 existing single-family homes were sold in Texas last month, a 4 percent increase from September 2008, according to MLS data compiled by the Real Estate Center at Texas A&M University.
The median price rose 2 percent to $147,900 during the same period, and the state finished the month with a 7.1-month inventory of existing homes.
Here is how select Texas cities fared in August (data current as of Oct. 23, 2009):
| Sales | Change from Last Year |
Median Price |
Change from Last Year |
Months’ Inventory |
|
| Austin | 1,974 | up 8% | $182,700 | no change | 6.4 |
| Beaumont | 146 | up 76% | $131,400 | down 3% | 8.9 |
| Bryan–College Station | 128 | down 12% | $152,500 | up 8% | 7 |
| Dallas | 4,010 | down 7% | $156,400 | up 4% | 6.3 |
| El Paso | 485 | up 8% | $130,000 | down 3% | 8.7 |
| Fort Worth | 744 | down 13% | $112,500 | down 4% | 6.7 |
| Houston | 5,315 | up 31% | $155,600 | no change | 6.5 |
| Lubbock | 248 | no change | $111,000 | down 2% | 5.5 |
| San Antonio | 1,604 | down 3% | $146,700 | up 2% | 8.1 |
| Wichita Falls | 106 | down 24% | $121,100 | up 35% | 7.5 |
Meanwhile, the National Association of Realtors reported today that, nationally, year-over-year sales of existing homes were up 9.2 percent last month. The median price of homes sold in September was $174,900, down 8.5 percent from last year.
Source: Real Estate Center, CNNMoney.com
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