TEXAS' EXISTING HOME SALES, PRICES UP - Naseera Khandwalla

TEXAS' EXISTING HOME SALES, PRICES UP

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 Sales of existing single-family Texas homes in September were up 14 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 17,600 existing single-family homes were sold, data showed.

The median home price was $149,100, up 2 percent from a year ago, and the state's overall inventory was at 7.1 months.

September 2011 MLS data for many Texas cities are available on the Center's website. Here is a sampling (data current as of Oct. 27, 2011):

  Sales Change from
Last Year
Median
Price
Change from
Last Year
Months'
Inventory
Austin 1,839 up 31% $187,500 down 2% 5.5
Bryan-
College
Station
131 up 7% $156,400 up 5% 9.4
Dallas 3,571 up 13% $157,900 up 2% 6
Fort Bend 789 up 17%  $200,200 up 2% 5.8
Fort Worth 692 up 12% $112,400 up 2% 6.2
Galveston 64 down 3% $172,000 up 29% not available
Houston 5,079 up 17% $155,800 up 2% 6.9
Laredo 77 up 4% $127,500 up 11% 7.2
Nacogdoches 34 up 6% $123,300 up 3% 10
Palestine 33 up 6% $112,500 up 46% 14.9
Paris 26 down 7% $106,700 up 12% 14.3
San Antonio 1,578 up 8% $150,800 down 1% 7.6
San Marcos 15 down 40% $165,000 up 50% 8.3
Sherman-
Denison
90 up 17% $95,000 up 33% 10.5
Victoria 77 up 8% $130,000 up 10% 4.6
Texas 17,616 up 14%  $149,100 up 2% 7.1
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