Beaumont-Port Arthur home sales heat upBeaumont-Port Arthur home sales heat uphttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=140252016-08-03T05:00:00Z2016-08-03T17:00:00Z

​​BEAUMONT-PORT ARTHUR - Home sales increased 0.3 percent in second quarter 2016, according to the 2Q 2016 Texas Quarterly Housing Report released by the Texas Association of Realtors. 

During 2Q 2016, the Beaumont-Port Arthur area reported 901 single-family home sales, while median price grew 5.8 percent to $144,900 during the same time frame.

Statewide, Texas home sales started the summer selling season on a strong note, increasing 4.4 percent year-over-year to 91,418 home sales, while housing inventory remained unchanged from 2Q 2015 at 3.7 months.

"The last few months have been one of the strongest starts to the summer selling season in the history of Texas real estate," said Leslie Rouda Smith, chairman of the Texas Association of Realtors. 

"Texas homes of all types and price classes are in high demand. This is especially true for homes priced under $200,000, which are often preferred by first-time homebuyers but also in shortest supply across the state."​​

Beaumont Enterprise
Beaumont-Port Arthur

​See ​Texas Quarterly Housing Report 2Q 2016 (PDF).

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