COLLEGE STATION (Real Estate Center) – Sales of existing single-family homes in Texas last month dropped 18 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 18,000 existing single-family homes were sold last month.
The median home price dipped 1 percent to $145,700, and the state's overall inventory was at 7.8 months.
April 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 LastYear |
Median Price |
Change from Last Year |
Months' Inventory |
|
| Amarillo | 226 | down 23% | $126,200 | up 3% | 7.1 |
| Austin | 1,851 | down 17% | $193,100 | up 4% | 6.9 |
| Corpus Christi |
285 | down 19% | $133,600 | down 3% | not available |
| Dallas | 3,809 | down 20% | $161,100 | up 1% | 7.2 |
| El Paso | 423 | down 19% | $133,300 | up 1% | 7.1 |
| Fort Worth | 763 | down 16% | $101,300 | down 13% | 7.3 |
| Houston | 5,099 | down 14% | $148,600 | down 2% | 8 |
| Lubbock | 233 | down 27% | $106,400 | down 7% | 8.1 |
| Odessa | 113 | down 1% | $136,300 | up 16% | 6.1 |
| San Angelo | 90 | down 26% | $115,400 | down 3% | 7.1 |
| San Antonio | 1,481 | down 23% | $147,900 | up 4% | 8.5 |
| South Padre Island |
33 | up 27% | $182,000 | down 19% | 39.7 |
| Temple- Belton |
132 | down 31% | $115,500 | no change | 9.3 |
| Tyler | 253 | down 20% | $135,100 | up 1% | 14.5 |
| Wichita Falls |
111 | down 34% | $113,600 | up 7% | 8.7 |
| Texas | 18,027 | down 18% | $145,700 | down 1% | 7.8 |
If you would like to know how your area is doing, please call me or send me an email and I will be glad to do a CMA just for your little part of the world...
*************************************************************
Whether you're interested in buying your first home, your next home, or just want to know more about home-ownership in general, I encourage you to check out a couple of great online resources: http://www.texasrealestate.com/ or http://www.har.com/. And for all of your Pearland, TX and Northern Brazoria and Galveston County real estate needs, please visit my site at: http://www.danfrankrealty.com. All of these sites offer tons of useful, real estate-related information geared specifically for Texans.
Remember, Danny Frank is a local Pearland, TX Real Estate expert! You can see my entire blog at: http://www.pearlandrealtyblog.com
 |
Danny Frank Turbo Realty 2012 Chair-Elect HAR.com Mobile: 713-581-4702 Fax: 866-304-3433 Email: danfranktx@gmail.com www.danfrankrealty.com Information About Brokerage Services |
Chat:
Google Talk: DanFrankTX 
Skype: DanFrankTX 
Wonder if this has anything do to with the first time home buyers tax credit from last year?