Texas Home Sales Continue To Beat Records

Texas Home Sales Continue To Beat Records

Texas home sales continue to beat records

Translate this page Select Language.

11/01/2016 | Author: Editorial Staff

The Texas housing market saw a slight increase in home sales volume in the third quarter while median prices also continued to rise. 

The Texas Quarterly Housing Report, released today by the Texas Association of REALTORS®, shows that 91,248 homes were sold in the past quarter, representing a 0.2% increase compared to the third quarter of 2015. The median sales price of $214,000 was a 7% jump in the same timeframe.

“Texas home sales in 2016 continue to edge out last year’s record-breaking sales volume, and in many local markets, growth is still very strong,” said Leslie Rouda Smith, chairman of the Texas Association of REALTORS®.

Housing inventory and active listings rose slightly—0.1 months to 3.9 months of inventory and 4.2% to 103,109 listings, respectively—while Texas homes spent an average of 53 days on the market, which is one more day than the same period last year.


11/01/2016 | Author: Editorial Staff  TEXAS ASSOCIATION OF REALTORS



Mike Pourciau Headshot
Author:
Phone: 281-466-9110
Dated: November 18th 2016
Views: 158
About Mike: Mike has over 14 years in experience in real estate and 25 years in management, sales, and business ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

5 NEGOTIATING TACTICS THAT KILL A SALE - Negotiation is a subtle art in
Tips To SELL Your Home FASTER And For MORE MONEY - Tips to SELL Your Home FASTER
May 13 2018 40230 1 -    WHAT IS A FICO SCORE?
Energy Saving Tips Including Green Building - What exactly is green building?

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

eXp Realty Houston
9600 Great Hills Trail Suite 150W
Austin, TX
325-939-0845