COLLEGE STATION (Real Estate Center) – Sales of existing single-family Texas homes in August were up 24 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 21,200 existing single-family homes were sold, data showed.The median home price was $153,200, about the same as a year ago, and the state's overall inventory was at 7.4 months.
August 2011 MLS data for many Texas cities are available on the Center's website. Here is a sampling (data current as of Sept. 29, 2011):
Sales | Change from Last Year | Median Price | Change from Last Year | Months' Inventory | |
---|---|---|---|---|---|
Arlington | 431 | up 39% | $132,100 | down 2% | 5.8 |
Dallas | 4,540 | up 31% | $163,500 | down 1% | 6.4 |
Fort Worth | 778 | up 12% | $124,900 | up 3% | 6.6 |
Texas | 21,246 | up 24% | $153,200 | no change | 7.4 |
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