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Why Austin? This is why...Austin, San Antonio and Texas Home Sales Up in December

TEXAS' EXISTING HOME SALES UP 4 PERCENT

COLLEGE STATION (Real Estate Center) – Sales of existing single-family Texas homes in December were up 4 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 16,500 homes were sold, data showed. The median home price was $150,700, about the same as a year ago, and the state's overall inventory was at six months.

December 2011 MLS data for many Texas cities are available on the Center's website. Here is a sampling (data current as of Jan. 30, 2012):

 
Sales
Change from
Last Year
Median
Price
Change from
Last Year
Months'
Inventory
Austin 
1,738
up 11%
$188,200
down 2%
4.2
Beaumont
151
up 2%
$114,000
down 14%
11.1
Brownsville
39
down 33%
$86,800
down 22%
12.4
Dallas
3,315
up 3%
$162,800
up 1%
4.7
El Paso
420
down 9%
$97,900
down 27%
7
Fort Worth
645
up 5%
$112,500
down 6%
5.2
Houston
5,048
up 7%
$160,400
up 2%
5.9
Midland
134
up 17%
$184,000
down 1%
3.3
San Antonio
1,393
up 3%
$148,400
down 6%
6.6
Sherman-
Denison
84
up 22%
$96,700
up 3%
8.8
Temple-
Belton
115
up 4%
$120,700
down 13%
7.9
Tyler
198
down 5%
$130,800
up 1%
11.4
Victoria
74
up 37%
$131,100
down 2%
3.8
Waco
153
up 2%
$116,200
down 1%
9
Wichita
Falls
81
down 31%
$102,300
down 9%
7.6
Texas
16,505
up 4%
$150,700
no change
6
Published Tuesday, January 31, 2012 6:50 PM by Albert Elhage

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About Albert Elhage

I have called Austin HOME for more than 20 years. Living and raising a family in this city is a joy for both my wife and me. Whether you seek an urban, hill country, or lake setting, Austin appeals to a variety of homeowners. For newcomers to the area or those who already call Austin their home and want to make a change, I am happy to show you around and help you decide which neighborhoods best fit your needs. Being a University of Texas at Austin and Texas State University graduate, with a background in geography and environmental planning, I have a genuine appreciation of Austin’s diverse landscape and having lived in different areas of Austin, I am familiar with the unique venues the capital city has to offer. Those I represent, gain from my experience as an Austin Realtor®, whose foremost priority is to HELP YOU buy or sell your home for the best price possible, as quickly as possible. Buying a home is one of the largest and most influential investments we make and customized attention to find that special place is what I offer my clients. Whether you are ready to sell or purchase a home, I welcome the opportunity to represent you. Upon request, I’m happy to provide valuable market information to keep you up to date with the Austin housing market, so that when you are ready to buy or sell, you are well informed, know what to expect, and as a result will have an enjoyable and exciting experience. Are you buying a resale or new home, selling property or investing in Austin? You can depend on me. The relationship between a home buyer or seller and their Realtor® is based on trust, shared goals and understanding. I strive to continually meet expectations by listening and taking clients’ real estate needs and wants into consideration and by providing guidance and experienced insight into the Austin market. I look forward to helping you BUY, SELL, and SAVE.