Texas Quarterly Housing Report

Texas home-sales stats: “Flat” is the new “up” If statewide or market-specific statistics for home sales interest you, check out the Texas Quarterly Housing Report released today by the Texas Association of REALTORS®. The report ... using MLS data compiled by the Real Estate Center at Texas A&M University ... shows a 6% increase in sales volume in the fourth quarter of 2011 compared to the same period in 2010. Median sales price did not change.

“Looking at the year as a whole, sales volume and median price in Texas were essentially flat compared to 2010," said Jim Gaines, Ph.D., an economist with the Real Estate Center. "However, Texans should know that ‘flat’ is the new ‘up’ because our state still outpaces national averages by eight to 10% in both sales volume and median price.”

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro

Senior Real Estate Specialist

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