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Victoria Jan. 2013 home sales: SwearingenVictoria Jan. 2013 home sales: Swearingenhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=81862013-02-20T09:55:00Z2013-02-20T00:00:00Z

VICTORIA - The Swearingen Report has been released for January 2013. Victoria faces a challenge as current inventories stand at historic lows while demand rises, according to Lee Swearingen, president of Coldwell Banker The Ron Brown Company.

The average sales price for residential homes was $167,741 for the 12 months ending January 2013, up 15.0 percent versus the same period ending January 2012 when it was $145,908.

The median price of residential homes for the 12 months ending January 2013 was $149,900, up 17.1 percent versus the same period 2012 when it was $128,000.

Total sales of residential homes in Victoria MLS for the 12 months ending January 2013 was 862, 4.1 percent (34 homes) more than the same period in 2012.

The average days on market for residential homes for the 12 months ending January 2013 was 98 — 18.3 percent shorter than the same period 2012.

Victoria MLS
All Categories* 12 Months
Ending
  Jan. 2012
12 Months
Ending
  Jan. 2013
Change
Residential property sales 828 862 4.1%
Total dollar volume $120,812,106 $144,592,800 19.7%
Average sales price $145,908 $167,741 15.0%
Median sales price $128,000 $149,900 17.1%
Total active listings end of month 250 226 -9.6%
Months' inventory 4.1 3.8 -7.3%


*Figures refer to the residential homes market.

See the full report at Coldwell Banker The Ron Brown Company. For more Victoria area news, see NewsTalk Texas.

Coldwell Banker The Ron Brown Company
Victoria
Housing
http://www.ronbrown.com/marketinformation/the%20swearingen%20report-victoria-12%20months%20ending%20january2013.pdfRead more at {Source}

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