Thursday, February 03, 2011

December 2010 Home Sales

COLLEGE STATION (Real Estate Center) – Just over 15,740 existing homes were sold in Texas last month, according to newly released data from Texas Multiple Listing Services (MLS). That's a 3 percent drop from December 2009.
Meanwhile, the median price for an existing home increased by 4 percent last month to $150,500, and there was a 7.2-month inventory.
December 2010 MLS data for many Texas cities (current as of Jan. 27, 2011) are available on the Real Estate Center website. Here is a sampling:

Sales 
Change from
Last Year
Median
Price
Change from
Last Year
Months'
Inventory
Austin
1,575
up 5% 
$192,100
up 2% 
5.6
 College Station-
Bryan 
130
down 2%
$153,300
down 2%
8.4
 Dallas
3,175
down 7%
$163,000
up 9%
6.4
 Fort Worth
591
down 6%
$121,600
up 9%
6.8
 Galveston
77
up 48%
$183,300
up 47%
14.7
 Houston
4,748
down 4%
$157,800
up 4%
7.4
 Kerrville
34
up 3%
$155,000
up 16%
22
 Laredo
64
down 32%
$128,900
up 10% 
8
 Nacogdoches
25
no change
$134,000
down 1%
7
 Palestine
28
up 33%
$86,700
up 20%
12
 Paris
29
up 45%
$102,500
up 28%
12.3
 San Antonio
1,334
down 5% 
$155,000
up 5%
7.6
 San Marcos
24
up 50%
$130,000
down 7%
7
 Sherman-
Denison
75
down 10%
$93,300
up 7% 
11
 Victoria
54
up 10%
$134,300
up 4%
6.2
 Texas
15,744
down 3%
$150,500
up 4%
7.2