TEXAS’ EXISTING HOME SALE TOTALS

March 28, 2008 at 9:03 pm Leave a comment


Originally uploaded by thenelsonproject

032808 . TEXAS (Real Estate Center) – A total of 17,324 existing homes were sold in Texas last month — an 11 percent decline from February 2007 — according to MLS data compiled by the Real Estate Center at Texas A&M University. The median price rose 1.4 percent to $142,700 during the same period, and the state finished the month with a 5.9-month inventory on existing homes.

Here is how select cities fared in February:

Austin
1,705 homes sold (10.5 percent decrease)
Median price of $180,300 (1.6 percent increase)
4.7-month inventory

Corpus Christi
284 homes sold (20.7 percent decrease)
Median price of $136,700 (12 percent increase)
8.1-month inventory

Dallas
3,640 homes sold (11.6 percent decrease)
Median price of $147,700 (4.3 percent decrease)
6.2-month inventory

Fort Worth
717 homes sold (17.1 percent decrease)
Median price of $112,900 (1.0 percent decrease)
6-month inventory

Houston
4,919 homes sold (11 percent decrease)
Median price of $151,300 (2.8 percent increase)
6.3-month supply

San Antonio
1,529 homes sold (10.1 percent decrease)
Median price of $142,800 (0.2 percent decrease)
6.5-month supply

Home sales data for these and other Texas cities are available on the Center’s website: http://recenter.tamu.edu/data/datahs.html

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Entry filed under: Austin, Data Central, In the News. Tags: .

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