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Homenews & blogland newsJuly Texas existing home sales up 18%

July Texas existing home sales up 18%

Source: RECON (Real Estate Center Online News) August 30, 2011

COLLEGE STATION (Real Estate Center) – Sales of existing single-family homes in Texas in July were up 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.

Nearly 19,630 existing single-family homes were sold, data showed.

The median home price was down 1 percent to $153,200, and the state's overall inventory was at 7.9 months.

July 2011 MLS data for many Texas cities are available on the Center's website. Here is a sampling (data current as of Aug. 29, 2011):

Sales

Change from
Last Year

Median
Price

Change from
Last Year

Months'
Inventory

Amarillo

267

up 47%

$124,400

down 1%

7.3

Austin

2,178

up 33%

$193,900

down 9%

6.5

Brownsville

47

down 11%

$91,200

down 15%

13.1

Corpus
Christi

329

up 19%

$145,900

up 8%

10

Dallas

4,064

up 21%

$165,100

down 2%

7

El Paso

466

up 12%

$133,900

down 4%

7.8

Fort Worth

724

up 18%

$109,700

down 5%

6.9

Harlingen

65

down 6%

$88,300

up 12%

23.6

Houston

5,544

up 17%

$159,300

up 1%

7.7

Lubbock

311

up 38%

$119,000

up 5%

8

San Angelo

100

up 1%

$124,600

up 5%

6.9

San Antonio

1,731

up 11%

$155,600

down 4%

8.4

Temple-
Belton

158

up 12%

$125,000

up 8%

9.5

Tyler

278

up 9%

$139,200

up 3%

14.5

Wichita
Falls

181

up 74%

$60,700

down 37%

8.8

Texas

19,628

up 18%

$153,200

down 1%

7.9