Texas home sales, prices up about 7 percent in August | Texas home sales, prices up about 7 percent in August | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=10589 | 2015-09-22T05:00:00Z | 2015-09-22T16:00:00Z | COLLEGE STATION – Latest Multiple Listing Service (MLS) data show Texas home sales had a 7 percent year-over-year increase last month while the median price was up 7.4 percent. According to August 2015 Texas MLS data (as of 10:45 a.m. today), 29,685 homes were sold last month, almost 1,900 more than a year ago but about 1,500 fewer than in July.
The median price was $203,300 compared with $189,300 a year ago and $204,700 in July.
Months' inventory was at 3.7 months. Real Estate Center economists consider 6.5 months a balanced market. Here's how the state's major metros fared in August.
| August 2015 Sales | Year-Over-Year Change | August 2015 Median Price | Year-Over-Year Change | Months' Inventory | Austin | 3,248 | up 7% | $263,100 | up 7.9% | 2.9 | Dallas | 6,676 | up 13% | $231,800 | up 9.7% | 2.4 | Fort Worth | 1,298 | up 14% | $161,900 | Up 8.9% | 2.4 | Houston | 8,146 | No change | $214,500 | up 6% | 3.5 | San Antonio | 2,621 | up 4% | $195,500 | up 8.1% | 4 | Texas | 29,685 | up 7% | $203,300 | Up 7.4% | 3.7 |
| Real Estate Center
| Texas
| Housing
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