Texas Quarterly Housing Report...2016/08/01 · Estate Center at Texas A&M, and the Texas...

Texas QuarterlyHousing Report

Covering 2016-Q2Release date: August 1, 2016

Contact: Danielle UrbanPierpont Communications512-448-4950durban@piercom.com

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.

Number of closed sales

Median home price

Months of inventory

Number of active listings

were $500,000 or more

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®.

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%

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

Months of inventory

were $200,000-$499,999

Median home price

$159,900

Abilene MSA

Second Quarter 2016

56 3.8

67.60%

31.16%

Days on market

Up8.4%

Up6.3%Up19.9%

675 in Q2 2016 651 in Q2 2016

Median home price

Months of inventory

were $200,000-$499,999$162,750

Amarillo MSA

Second Quarter 2016

44 3.5

66.94%

31.04%

988 in Q2 2016 996 in Q2 2016

2 day less than Q2 2015 Compared to 3.8 in Q2 2015

Days on market

Up3.7%

Up 0.2%Up3.8%

Median home price

Months of inventory

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

Median home price

Months of inventory

were $200,000-$499,999$144,900

Beaumont-Port Arthur MSA

Second Quarter 2016

102 4.1

70.96%

28.21%

Days on market

Up5.8%

Down27.8%Up0.3%

1152 in Q2 2016 901 in Q2 2016

Median home price

Months of inventory

were $200,000-$499,999$136,000

Brownsville-Harlingen MSA

Second Quarter 2016

147 9.6

76.67%

21.88%

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

Median home price

Months of inventory

were $200,000-$499,999$200,000

College Station-Bryan MSA

Second Quarter 2016

46 2.8

49.80%

45.74%

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

Median home price

Months of inventory

were $200,000-$499,999$190,000

Corpus Christi MSA

Second Quarter 2016

81 5.8

54.02%

41.57%

Days on market

Up1.6%

Up9.5%Up5.2%

2,707 in Q2 2016 1,573 in Q2 2016

Median home price

Months of inventory

were $200,000-$499,999$238,000

Dallas-Fort Worth-Arlington MSA

Second Quarter 2016

34 2.3

37.59%

52.92%

Days on market

Up8.2%

Down2.7%Up4.0%

18,299 in Q2 2016 27,714 in Q2 2016

Median home price

Months of inventory

were $200,000-$499,999$143,950

El Paso MSA

Second Quarter 2016

95 5.9

79.97%

19.51%

Days on market

Up1.4%

Down13.5%Up2.8%

3,386 in Q2 2016 1,944 in Q2 2016

Median home price

Months of inventory

were $200,000-$499,999

©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%

Days on market

Up2.5%

Up19.0%Up2.2%

24,302 in Q2 2016 22,605 in Q2 2016

Median home price

Months of inventory

were $200,000-$499,999$145,000

Killeen-Temple MSA

Second Quarter 2016

73 4.4

77.49%

21.70%

2,094 in Q2 2016 1,752 in Q2 2016

Days on market

Down0.7%

Up5.5%Up17.0%

Median home price

Months of inventory

were $200,000-$499,999$155,000

Laredo MSA

Second Quarter 2016

59 5.7

69.02%

30.06%

Days on market

Up1.4%

Up15.7%Up3.0%

583 in Q2 2016 345 in Q2 2016

Median home price

Months of inventory

were $200,000-$499,999$150,000

Longview MSA

Second Quarter 2016

104 8.7

74.10%

24.00%

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

Median home price

Months of inventory

were $200,000-$499,999$150,000

Lubbock MSA

Second Quarter 2016

41 2.8

70.68%

27.37%

Days on market

Up8.3%

Up0.8%Up4.7%

880 in Q2 2016 1,207 in Q2 2016

Median home price

Months of inventory

were $200,000-$499,999$135,000

McAllen-Edinburg-Mission MSA

Second Quarter 2016

105 8.7

80.53%

18.59%

Days on market

Up10.7%

Down7.7%Up 1.5%

1,960 in Q2 2016 726 in Q2 2016

Median home price

Months of inventory

were $200,000-$499,999$237,500

Midland MSA

Second Quarter 2016

56 4.2

35.05%

58.90%

714 in Q2 2016 595 in Q2 2016

Days on market

Down3.5%

Up24.6%Down 4.2%

Median home price

Months of inventory

were $200,000-$499,999

Days on market

$166,000

Odessa MSA

Second Quarter 2016

57 5.3

68.55%

29.88%

491 in Q2 2016 329 in Q2 2016

Down5.7%

Up73.5%Up2.5%

Median home price

Months of inventory

were $200,000-$499,999

Days on market

$163,500

San Angelo MSA

Second Quarter 2016

74 4.5

66.58%

31.69%

526 in Q2 2016 416 in Q2 2016

Down3.5%

Up 9.8%Down1.4%

Median home price

Months of inventory

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%

9,177 in Q2 2016 8,837 in Q2 2016

Median home price

Months of inventory

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%

612 in Q2 2016 559 in Q2 2016

Median home price

Months of inventory

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%

806 in Q2 2016 192 in Q2 2016

Median home price

Months of inventory

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%

1,009 in Q2 2016 777 in Q2 2016

Median home price

Months of inventory

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

64.19%

34.94%

0.87%Compared to second quarter 2015

Median home price

Months of inventory

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%

67.96%

30.04%

Median home price

Days on market Months of inventory

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%

84.23%

15.56%

Texas Quarterly Housing Report...2016/08/01 · Estate Center at Texas A&M, and the Texas...

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