Texas Quarterly Housing Report · 2018. 2. 8. · Housing Report About the data used in this report...
Transcript of Texas Quarterly Housing Report · 2018. 2. 8. · Housing Report About the data used in this report...
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Texas QuarterlyHousing Report
Covering 2016-Q2Release date: August 1, 2016
Contact: Danielle UrbanPierpont [email protected]
About the Texas Quarterly Housing ReportData for the Texas Quarterly Housing Report is provided by the Data Relevance Project, a partnership
among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M University, and
the Texas Association of REALTORS®. The report provides quarterly real estate sales data from a statewide
perspective and for 25 metropolitan statistical areas in Texas. It is scheduled for release by the Texas
Association of REALTORS® on the following dates each year (or the next business day): Feb. 1, May 1,
Aug. 1 and Nov. 1. To view the 2016-Q2 report in its entirety, visit TexasRealEstate.com.
About the Texas Association of REALTORS®With more than 100,000 members, the Texas Association of REALTORS® is a professional membership
organization that represents all aspects of real estate in Texas. We advocate on behalf of Texas
REALTORS® and private-property owners to keep homeownership affordable, protect private-property
rights, and promote public policies that benefit homeowners. Visit TexasRealEstate.com to learn more.
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
Days on market
Up4.1%
Up7.5%$215,000
Up4.4%
54 3.7
45.30%
46.91%
7.79%
Statewide
Second Quarter 2016
98,495 in Q2 2016 91,418 in Q2 2016
1 days less than Q2 2015 Compared to 3.7 in Q2 2015
Compared to second quarter 2015
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Number of closed sales
Months of inventory
Number of active listings
were $199,999 or less
were $500,000 or more
were $200,000-$499,999
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
Median home price
$159,900
Abilene MSA
Second Quarter 2016
56 3.8
67.60%
31.16%
1.24%
Days on market
Up8.4%
Up6.3%Up19.9%
675 in Q2 2016 651 in Q2 2016
3 days less than Q2 2015 Compared to 4.0 in Q2 2015
Compared to second quarter 2015
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999$162,750
Amarillo MSA
Second Quarter 2016
44 3.5
66.94%
31.04%
2.02%
988 in Q2 2016 996 in Q2 2016
2 day less than Q2 2015 Compared to 3.8 in Q2 2015
Compared to second quarter 2015
Days on market
Up3.7%
Up 0.2%Up3.8%
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999$286,700
Austin-Round Rock MSA
Second Quarter 2016
44 2.5
19.08%
66.14%
14.78%
Days on market
Up6.6%
Up5.1%Up8.0%
6,800 in Q2 2016 9,715 in Q2 2016
1 day more than Q2 2015 Compared to 2.5 in Q2 2015
Compared to second quarter 2015
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999$144,900
Beaumont-Port Arthur MSA
Second Quarter 2016
102 4.1
70.96%
28.21%
0.83%
Days on market
Up5.8%
Down27.8%Up0.3%
1152 in Q2 2016 901 in Q2 2016
6 days less than Q2 2015 Compared to 6.2 in Q2 2015
Compared to second quarter 2015
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999$136,000
Brownsville-Harlingen MSA
Second Quarter 2016
147 9.6
76.67%
21.88%
1.45%
Days on market
Up11.8%
Down9.2%Up3.3%
1,739 in Q2 2016 588 in Q2 2016
6 days more than Q2 2015 Compared to 11.0 in Q2 2015
Compared to second quarter 2015
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999$200,000
College Station-Bryan MSA
Second Quarter 2016
46 2.8
49.80%
45.74%
4.46%
Days on market
Up10.8%
Down5.2%Down6.6%
762 in Q2 2016 999 in Q2 2016
Compared to 3.0 in Q2 20156 days more than Q2 2015
Compared to second quarter 2015
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999$190,000
Corpus Christi MSA
Second Quarter 2016
81 5.8
54.02%
41.57%
4.41%
Days on market
Up1.6%
Up9.5%Up5.2%
2,707 in Q2 2016 1,573 in Q2 2016
2 days more than Q2 2015 Compared to 5.6 in Q2 2015
Compared to second quarter 2015
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999$238,000
Dallas-Fort Worth-Arlington MSA
Second Quarter 2016
34 2.3
37.59%
52.92%
9.49%
Days on market
Up8.2%
Down2.7%Up4.0%
18,299 in Q2 2016 27,714 in Q2 2016
3 days less than Q2 2015 Compared to 2.5 in Q2 2015
Compared to second quarter 2015
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999$143,950
El Paso MSA
Second Quarter 2016
95 5.9
79.97%
19.51%
0.52%
Days on market
Up1.4%
Down13.5%Up2.8%
3,386 in Q2 2016 1,944 in Q2 2016
6 days less than Q2 2015 Compared to 7.4 in Q2 2015
Compared to second quarter 2015
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $199,999 or less
were $500,000 or more
were $200,000-$499,999
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
©2016 Houston Realtors Information Service, Inc. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Realtors Information Service, Inc.
$225,000
Houston-The Woodlands-Sugar Land MSA
Second Quarter 2016
52 3.7
41.32%
49.50%
9.18%
Days on market
Up2.5%
Up19.0%Up2.2%
24,302 in Q2 2016 22,605 in Q2 2016
4 days more than Q2 2015 Compared to 3.1 in Q2 2015
Compared to second quarter 2015
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999$145,000
Killeen-Temple MSA
Second Quarter 2016
73 4.4
77.49%
21.70%
0.81%
2,094 in Q2 2016 1,752 in Q2 2016
2 days less than Q2 2015 Compared to 4.7 in Q2 2015
Compared to second quarter 2015
Days on market
Down0.7%
Up5.5%Up17.0%
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999$155,000
Laredo MSA
Second Quarter 2016
59 5.7
69.02%
30.06%
0.92%
Days on market
Up1.4%
Up15.7%Up3.0%
583 in Q2 2016 345 in Q2 2016
7 days less than Q2 2015 Compared to 5.1 in Q2 2015
Compared to second quarter 2015
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999$150,000
Longview MSA
Second Quarter 2016
104 8.7
74.10%
24.00%
1.90%
Days on market
Up4.3%
Up 7.6%Up13.8%
1,329 in Q2 2016 537 in Q2 2016
1 day more than Q2 2015 Compared to 8.8 in Q2 2015
Compared to second quarter 2015
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999$150,000
Lubbock MSA
Second Quarter 2016
41 2.8
70.68%
27.37%
1.95%
Days on market
Up8.3%
Up0.8%Up4.7%
880 in Q2 2016 1,207 in Q2 2016
7 days less than Q2 2015 Compared to 2.8 in Q2 2015
Compared to second quarter 2015
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999$135,000
McAllen-Edinburg-Mission MSA
Second Quarter 2016
105 8.7
80.53%
18.59%
0.88%
Days on market
Up10.7%
Down7.7%Up 1.5%
1,960 in Q2 2016 726 in Q2 2016
3 days more than Q2 2015 Compared to 9.9 in Q2 2015
Compared to second quarter 2015
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999$237,500
Midland MSA
Second Quarter 2016
56 4.2
35.05%
58.90%
6.05%
714 in Q2 2016 595 in Q2 2016
8 days more than Q2 2015 Compared to 3.1 in Q2 2015
Compared to second quarter 2015
Days on market
Down3.5%
Up24.6%Down 4.2%
![Page 19: Texas Quarterly Housing Report · 2018. 2. 8. · Housing Report About the data used in this report Data used in this housing report comes from the Texas REALTOR® Data Relevance](https://reader034.fdocuments.us/reader034/viewer/2022052102/603c2637c33cc609217d15c2/html5/thumbnails/19.jpg)
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
Days on market
$166,000
Odessa MSA
Second Quarter 2016
57 5.3
68.55%
29.88%
1.57%
491 in Q2 2016 329 in Q2 2016
6 days more than Q2 2015 Compared to 2.8 in Q2 2015
Compared to second quarter 2015
Down5.7%
Up73.5%Up2.5%
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
Days on market
$163,500
San Angelo MSA
Second Quarter 2016
74 4.5
66.58%
31.69%
1.73%
526 in Q2 2016 416 in Q2 2016
10 days more than Q2 2015 Compared to 3.8 in Q2 2015
Compared to second quarter 2015
Down3.5%
Up 9.8%Down1.4%
![Page 21: Texas Quarterly Housing Report · 2018. 2. 8. · Housing Report About the data used in this report Data used in this housing report comes from the Texas REALTOR® Data Relevance](https://reader034.fdocuments.us/reader034/viewer/2022052102/603c2637c33cc609217d15c2/html5/thumbnails/21.jpg)
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
Days on market
Up1.6%
Up5.1%$205,000
San Antonio-New Braunfels MSA
Second Quarter 2016
Up6.6%
55 3.7
47.72%
47.56%
4.72%
9,177 in Q2 2016 8,837 in Q2 2016
3 days less than Q2 2015 Compared to 3.9 in Q2 2015
Compared to second quarter 2015
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
Days on market
Down1.3%
Up8.5%$140,000
Sherman-Denison MSA
Second Quarter 2016
Up16.7%
55 4.0
72.94%
25.05%
2.01%
612 in Q2 2016 559 in Q2 2016
12 days less than Q2 2015 Compared to 4.6 in Q2 2015
Compared to second quarter 2015
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
Days on market
Up 82.4%
Up4.4%$130,500
Texarkana MSA
Second Quarter 2016
Down5.9%
103 13.0
75.13%
24.87%
0.00%
806 in Q2 2016 192 in Q2 2016
10 days less than Q2 2015 Compared to 7.6 in Q2 2015
Compared to second quarter 2015
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
Days on market
Down10.6%
Up2.9%$175,500
Tyler MSA
Second Quarter 2016
Up7.3%
96 4.5
61.75%
35.06%
3.19%
1,009 in Q2 2016 777 in Q2 2016
2 days less than Q2 2015 Compared to 5.4 in Q2 2015
Compared to second quarter 2015
![Page 25: Texas Quarterly Housing Report · 2018. 2. 8. · Housing Report About the data used in this report Data used in this housing report comes from the Texas REALTOR® Data Relevance](https://reader034.fdocuments.us/reader034/viewer/2022052102/603c2637c33cc609217d15c2/html5/thumbnails/25.jpg)
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
Days on market
Up17.9%
Down2.9%$170,000
Victoria MSA
Second Quarter 2016
363 in Q2 2016 230 in Q2 2016
Up3.1%
97Unchanged from Q2 2015 Compared to 4.5 in Q2 2015
5.5
64.19%
34.94%
0.87%Compared to second quarter 2015
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Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
Days on market
Down23.2%
Up5.1%$159,900
Waco MSA
Second Quarter 2016
589 in Q2 2016 829 in Q2 2016
Up10.2%
647 days less than Q2 2015 Compared to 3.7 in Q2 2015
2.7
67.96%
30.04%
2.00%Compared to second quarter 2015
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Number of closed sales
Median home price
Days on market Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
Up25.4%
Up6.4%$114,950
Wichita Falls MSA
Second Quarter 2016
789 in Q2 2016 490 in Q2 2016
Up12.6%
6824 days less than Q2 2015 Compared to 5.2 in Q2 2015
5.6
84.23%
15.56%
0.21%Compared to second quarter 2015