Texas Existing-Home Sales Increase 8 Percent | ArmandoMontelongo.com

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Texas Existing-Home Sales Increase 8 Percent

While existing-home sales increased just 1.4 percent nationwide in October, they were up 8 percent across Texas, according to a new report.

The Real Estate Center at Texas A&M University reported sales of 15,640 homes across the state, with strong increases in total sales in Austin (21 percent) and Odessa (18 percent) from a year ago.

The median price for an existing home was $147,500, up 2 percent from a year ago. Nationally, the median price was $162,500, down 4.7 percent from 2010.

Here is data for selected cities in Texas, with total sales, percentage change in total sales from October 2010, median price for home sold in October, change in that median price from October 2010 and the months’ inventory of existing homes on the market:

More city-by-city housing data is available at the center’s website.

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