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Victoria July 2013 home sales: SwearingenVictoria July 2013 home sales: Swearingenhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=65172013-08-26T07:36:00Z2013-08-26T00:00:00Z

VICTORIA - The Swearingen Report has been released for July 2013, and the Victoria market remains resilient in spite of historic low inventories.

However, even with low inventory and strong demand, the market is somewhat restrained by slow family earnings growth. The typical buyer remains in the $100,000 — $250,000 range.

The average days on market for residential homes for the 12 months ending July 2013, was 100, no change from the same period 2012.

Victoria MLS
All Categories* 12 Months
Ending
July 2012
12 Months
Ending
July 2013
Change
Residential property sales 850 872 2.6%
Total dollar volume $131,186,905 $146,427,599 11.6%
Average sales price $154,338 $167,922 8.8%
Median sales price $135,050 $150,000 11.1%
Total active listings end of month 299 238 -20.4%
Months inventory 4.1 2.9 -29.3%

*Figures refer to the residential homes market.

Coldwell Banker The Ron Brown Company
Victoria
Housing
http://www.ronbrown.com/marketinformation.aspRead more at {Source}

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