NAR: Texas' median home prices jump in 1Q 2015NAR: Texas' median home prices jump in 1Q 2015https://www.recenter.tamu.edu/news/newstalk-texas/?Item=9902015-05-19T15:30:00Z2015-05-19T07:45:00Z

TEXAS - Home prices were higher in all but 25 of the 170 U.S. home markets in first quarter 2015 when compared with 1Q 2014, according to the National Association of Realtors (NAR).

Austin and Dallas-Fort Worth were among 51 U.S. markets that saw double-digit home price gains. Austin home prices increased by 10.2 percent in 1Q 2015, while DFW jumped 10.1 percent.

The largest price increase in the country was in the Sherman-Denison area just north of Dallas, where median home prices in the Grayson County area were up 33.4 percent.

Nationwide prices rose 7.4 percent in 1Q 2015.

Preowned Home Price Changes 1Q 2015
Market Med. price
1Q 2015
U.S. Median $205,200 7.4%
Biggest increases
Sherman-Denison, Tex. $123,400 33.4%
Port St. Lucie, Fla. $172,000 22.9%
South Bend, Ind. $102,100 19.1%
Largest declines
Cumberland, Md. $71,600 -12%
Pittsfield, Mass. $178,300 -11.7%
Elmira, N.Y. $102,300 -11.4%
Texas cities
Austin $249,100 10.2%
Dallas-Fort Worth $192,500 10.1%
Houston $200,300 8.5%
San Antonio $184,500 9.1%

Source: National Association of Realtors

Dallas Morning News
http://bizbeatblog.dallasnews.com/2015/05/d-fw-home-prices-up-10-1-percent-in-first-quarter-realtors-report.html/Read more at {Source}

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