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EXISTING HOME SALES DOWN 12 PERCENT, TEXAS MLS DATA SHOW

from RECON Real Estate Center Online News

COLLEGE STATION (Real Estate Center) – Sales of existing single-family homes in Texas last month were down 12 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.

Just over 17,400 existing single-family homes were sold last month.

Median home price remained unchanged at $144,100, and the state’s overall inventory was at 7.6 months.

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

  Sales  Change from
Last Year 
Median
 Price
Change from
Last Year 
Months’
Inventory 
Austin   1,749  down 12%  $185,000  up 3%  6.4
 Bryan-
College Station
 162  down 8%  $152,100  up 3%  10.4
 Dallas  3,504  down 14%  $153,600  down 2%  6.9
 Fort Worth  611  down 25%  $103,300  down 12%  7.2
 Galveston  79  up 1%  $190,000  up 31%  16
 Houston  5,091  down 6%  $149,600  down 2%  7.8
 Kerrville  27  down 21%  $134,000  down 11%  24.5
 Laredo  91  up 20%  $118,900  down 7%  7.4
 Nacogdoches  21  down 16%  $165,000  up 27%  8.3
 Palestine  30  down 21%  $70,000  down 7%  13
 Paris  24  down 27%  $88,000  up 17%  12.6
 San Antonio  1,589  down 10%  $147,500  up 3%  8.2
 San Marcos  12  down 25%  $120,000  No change  8.1
 Sherman-
Denison
 109  up 8%  $89,200  up 7%  11.1
 Victoria  65  up 2%  $115,700  down 16%  6.3
 Texas  17,405  down 12%  $144,100  No change  7.6

 For more information on building, buying, selling or leasing commercial or residential property anywhere in the world, contact Nicole Tucker, licensed agent with Keller Williams, Dallas Preston Road office at 972-992-8204 or visit my website at http://www.NicoleRE.com.
Nicole Tucker ~ Making Real Estate Real Easy!

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