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Dec 16, 2014

GTAR: Tyler region home sales Nov. 2014

TYLER - There were 300 houses sold in November, compared to 253 units in November 2013, according to figures released by the Greater Tyler Association of Realtors (GTAR). Last month’s...
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TYLER – There were 300 houses sold in November, compared to 253 units in November 2013, according to figures released by the Greater Tyler Association of Realtors (GTAR). Last month’s sales were an 18.7 percent slump from the 369 homes sold in October.

Home inventory was 7.6 months in November, compared to 8.1 months in October and 9.4 months in November 2013.

The median home price for November was $159,450, rising 14.3 percent from the same time a year ago and 9.97 percent from the month before, GTAR reported.

Many of the houses selling are $250,000 to $300,000 and greater, according to home builder Trey Hunt.

Tyler Region Sales and Price Activity by Units Sold Nov. 2014
MLS WideMedian Price
  Nov. 2014
Price Chg.
Nov. 2013
Units Sold
Nov. 2014
Sales Chg.
Nov. 2013
TYLER (single-family) $158,500 13.8% 285 9.6%
TYLER (condo) $131,000 0.8% 3 0.0%
Region Cities*        
Tyler $173,500 9.1% 78 -6.0%
Bullard $168,500 -35.2% 21 75.0%
Lindale $168,300 25.3% 18 -5.3%
Flint $233,200 55.5% 14 7.7%
Mt. Pleasant $159,500 67.9% 12 -25.0%
Holly Lake Ranch $192,450 39.5% 12 33.3%

*Data include single-family only and represent six select region cities sorted by number of units sold. Data released December 10, 2014.

Read more at the Greater Tyler Association of Realtors and the Tyler Morning Telegraph.

tag: Tyler real estate news; Tyler data

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Written by
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Last updated
Mar 28, 2024

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