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 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.
MLS Wide | Median 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.
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