Texas QuarterlyHousing Report

Covering 2017-Q1Release date: May 2, 2017

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 for Texas and 25

metropolitan statistical areas in Texas. The Texas Real Estate Year-in-Review Report in February and the

Texas Real Estate Mid-Year Report in August are released in lieu of the Q2 and Q4 reports each year.

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.

Compared to same quarter last year

$213,325

Up 9.4%

Price Distribution$0 - $99,999 11.0%

$100,000 - $199,999 34.6%$200,000 - $299,999 27.1%$300,000 - $399,999 13.4%$400,000 - $499,999 6.2%$500,000 - $749,999 5.0%$750,000 - $999,999 1.3%

$1,000,000+ 1.3%

Up 6%

98,399 in 2017 Q1

Up 4.6%

68,420 in 2017 Q1

Days on market 64Days to close 35

Total 99

3 days less than 2016 Q1

3.6 Compared to 3.5 in 2016 Q1

Texas Quarterly StatewideFirst quarter 2017

Compared to same quarter last year

$150,000

Up 1.4%

Price Distribution$0 - $99,999 26.9%

$100,000 - $199,999 43.7%$200,000 - $299,999 23.0%$300,000 - $399,999 3.7%$400,000 - $499,999 1.2%$500,000 - $749,999 1.0%$750,000 - $999,999 0.2%

$1,000,000+ 0.2%

Up 1.9%

656 in 2017 Q1

Up 10.4%

487 in 2017 Q1

Days on market 67Days to close 38

Total 105

2 days more than 2016 Q1

3.5 Compared to 3.8 in 2016 Q1

Texas Quarterly Abilene MSAFirst quarter 2017

Compared to same quarter last year

$155,000

Up 3.3%

Price Distribution$0 - $99,999 19.0%

$100,000 - $199,999 52.3%$200,000 - $299,999 19.8%$300,000 - $399,999 4.7%$400,000 - $499,999 2.3%$500,000 - $749,999 1.2%$750,000 - $999,999 0.5%

$1,000,000+ 0.3%

Up 19.5%

1,042 in 2017 Q1

Down 7.5%

665 in 2017 Q1

Days on market 54Days to close 35

Total 89

12 days less than 2016 Q1

3.8 Compared to 3.2 in 2016 Q1

Texas Quarterly Amarillo MSAFirst quarter 2017

Compared to same quarter last year

$285,000

Up 6.3%

Price Distribution$0 - $99,999 1.1%

$100,000 - $199,999 16.0%$200,000 - $299,999 37.3%$300,000 - $399,999 20.6%$400,000 - $499,999 10.6%$500,000 - $749,999 9.7%$750,000 - $999,999 2.4%

$1,000,000+ 2.3%

Up 16.3%

6,795 in 2017 Q1

Up 3.9%

6,711 in 2017 Q1

Days on market 60Days to close 36

Total 96

2 days less than 2016 Q1

2.5 Compared to 2.2 in 2016 Q1

Texas Quarterly Austin-Round Rock MSAFirst quarter 2017

Compared to same quarter last year

$137,500

Up 4.2%

Price Distribution$0 - $99,999 32.1%

$100,000 - $199,999 45.0%$200,000 - $299,999 16.4%$300,000 - $399,999 4.5%$400,000 - $499,999 1.1%$500,000 - $749,999 1.0%$750,000 - $999,999 0.0%

$1,000,000+ 0.0%

Down 10.7%

1,118 in 2017 Q1

Down 12.9%

666 in 2017 Q1

Days on market 88Days to close 16

Total 104

11 days less than 2016 Q1

4.1 Compared to 4.4 in 2016 Q1

Texas Quarterly Beaumont-Port Arthur MSAFirst quarter 2017

Compared to same quarter last year

$122,000

Up 3.4%

Price Distribution$0 - $99,999 39.8%

$100,000 - $199,999 40.1%$200,000 - $299,999 12.9%$300,000 - $399,999 3.1%$400,000 - $499,999 1.8%$500,000 - $749,999 1.8%$750,000 - $999,999 0.2%

$1,000,000+ 0.4%

Down 1.7%

1,848 in 2017 Q1

Up 1.7%

492 in 2017 Q1

Days on market 133Days to close 31

Total 164

17 days more than 2016 Q1

10.2 Compared to 10.4 in 2016 Q1

Texas Quarterly Brownsville-Harlingen MSAFirst quarter 2017

Compared to same quarter last year

$206,000

Up 5.6%

Price Distribution$0 - $99,999 11.5%

$100,000 - $199,999 35.6%$200,000 - $299,999 31.6%$300,000 - $399,999 11.0%$400,000 - $499,999 5.4%$500,000 - $749,999 4.1%$750,000 - $999,999 0.3%

$1,000,000+ 0.6%

Up 25.7%

885 in 2017 Q1

Up 13.2%

744 in 2017 Q1

Days on market 55Days to close 36

Total 91

7 days more than 2016 Q1

3.2 Compared to 2.6 in 2016 Q1

Texas Quarterly College Station-Bryan MSAFirst quarter 2017

Compared to same quarter last year

$187,750

Up 6.1%

Price Distribution$0 - $99,999 14.8%

$100,000 - $199,999 40.4%$200,000 - $299,999 25.3%$300,000 - $399,999 11.4%$400,000 - $499,999 4.3%$500,000 - $749,999 3.0%$750,000 - $999,999 0.5%

$1,000,000+ 0.4%

Up 18.1%

3,069 in 2017 Q1

Down 4%

1,163 in 2017 Q1

Days on market 90Days to close 37

Total 127

1 days less than 2016 Q1

6.8 Compared to 5.6 in 2016 Q1

Texas Quarterly Corpus Christi MSAFirst quarter 2017

Compared to same quarter last year

$243,500

Up 13.3%

Price Distribution$0 - $99,999 5.7%

$100,000 - $199,999 29.5%$200,000 - $299,999 30.1%$300,000 - $399,999 17.0%$400,000 - $499,999 7.9%$500,000 - $749,999 6.4%$750,000 - $999,999 1.7%

$1,000,000+ 1.7%

Up 7.3%

17,907 in 2017 Q1

Up 2.4%

20,544 in 2017 Q1

Days on market 43Days to close 34

Total 77

6 days less than 2016 Q1

2.2 Compared to 2.1 in 2016 Q1

Texas Quarterly Dallas-Fort Worth-Arlington MSA

First quarter 2017

Compared to same quarter last year

$145,000

Up 5.7%

Price Distribution$0 - $99,999 19.6%

$100,000 - $199,999 59.3%$200,000 - $299,999 15.5%$300,000 - $399,999 3.3%$400,000 - $499,999 1.1%$500,000 - $749,999 0.9%$750,000 - $999,999 0.3%

$1,000,000+ 0.1%

Down 1.8%

3,421 in 2017 Q1

Up 9.9%

1,618 in 2017 Q1

Days on market 106Days to close 37

Total 143

5 days less than 2016 Q1

5.6 Compared to 6.1 in 2016 Q1

Texas Quarterly El Paso MSAFirst quarter 2017

Compared to same quarter last year

$220,000

Up 5.8%

Price Distribution$0 - $99,999 7.4%

$100,000 - $199,999 35.5%$200,000 - $299,999 27.5%$300,000 - $399,999 14.8%$400,000 - $499,999 6.5%$500,000 - $749,999 5.2%$750,000 - $999,999 1.5%

$1,000,000+ 1.7%

Up 12%

25,581 in 2017 Q1

Up 6.7%

17,038 in 2017 Q1

Days on market 63Days to close 35

Total 98

1 days less than 2016 Q1

3.8 Compared to 3.5 in 2016 Q1

© 2017 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.

Texas Quarterly Houston-The Woodlands-Sugar Land MSA

First quarter 2017

Compared to same quarter last year

$145,000

Up 5.1%

Price Distribution$0 - $99,999 26.2%

$100,000 - $199,999 49.7%$200,000 - $299,999 16.0%$300,000 - $399,999 4.9%$400,000 - $499,999 2.1%$500,000 - $749,999 1.1%$750,000 - $999,999 0.0%

$1,000,000+ 0.1%

Down 2.1%

2,129 in 2017 Q1

Up 11.4%

1,498 in 2017 Q1

Days on market 75Days to close 39

Total 114

10 days less than 2016 Q1

3.6 Compared to 4.2 in 2016 Q1

Texas Quarterly Killeen-Temple MSAFirst quarter 2017

Compared to same quarter last year

$149,500

Down 6.9%

Price Distribution$0 - $99,999 14.4%

$100,000 - $199,999 61.4%$200,000 - $299,999 19.5%$300,000 - $399,999 2.5%$400,000 - $499,999 0.9%$500,000 - $749,999 1.3%$750,000 - $999,999 0.0%

$1,000,000+ 0.0%

Up 3.8%

578 in 2017 Q1

Down 4.9%

251 in 2017 Q1

Days on market 72Days to close 40

Total 112

5 days more than 2016 Q1

5.5 Compared to 5.4 in 2016 Q1

Texas Quarterly Laredo MSAFirst quarter 2017

Compared to same quarter last year

$149,500

Up 8.7%

Price Distribution$0 - $99,999 21.7%

$100,000 - $199,999 58.1%$200,000 - $299,999 14.7%$300,000 - $399,999 3.4%$400,000 - $499,999 1.2%$500,000 - $749,999 0.9%$750,000 - $999,999 0.0%

$1,000,000+ 0.0%

Up 26.9%

1,516 in 2017 Q1

Down 9.4%

336 in 2017 Q1

Days on market 109Days to close 35

Total 144

1 days less than 2016 Q1

10.2 Compared to 8.1 in 2016 Q1

Texas Quarterly Longview MSAFirst quarter 2017

Compared to same quarter last year

$144,000

Up 0.7%

Price Distribution$0 - $99,999 24.0%

$100,000 - $199,999 50.1%$200,000 - $299,999 15.5%$300,000 - $399,999 5.7%$400,000 - $499,999 2.5%$500,000 - $749,999 1.9%$750,000 - $999,999 0.4%

$1,000,000+ 0.0%

Down 0.1%

780 in 2017 Q1

Up 4.8%

803 in 2017 Q1

Days on market 54Days to close 33

Total 87

7 days less than 2016 Q1

2.4 Compared to 2.5 in 2016 Q1

Texas Quarterly Lubbock MSAFirst quarter 2017

Compared to same quarter last year

$135,000

Up 10.8%

Price Distribution$0 - $99,999 27.0%

$100,000 - $199,999 54.5%$200,000 - $299,999 13.8%$300,000 - $399,999 2.3%$400,000 - $499,999 1.6%$500,000 - $749,999 0.5%$750,000 - $999,999 0.3%

$1,000,000+ 0.0%

Up 2.9%

2,102 in 2017 Q1

Up 11.1%

660 in 2017 Q1

Days on market 104Days to close 33

Total 137

2 days less than 2016 Q1

9.0 Compared to 9.0 in 2016 Q1

Texas Quarterly McAllen-Edinburg-Mission MSAFirst quarter 2017

Compared to same quarter last year

$239,000

Up 6.2%

Price Distribution$0 - $99,999 6.0%

$100,000 - $199,999 31.1%$200,000 - $299,999 32.5%$300,000 - $399,999 15.8%$400,000 - $499,999 7.1%$500,000 - $749,999 6.1%$750,000 - $999,999 0.6%

$1,000,000+ 0.8%

Down 33%

451 in 2017 Q1

Up 65.8%

663 in 2017 Q1

Days on market 68Days to close 38

Total 106

6 days more than 2016 Q1

2.3 Compared to 3.8 in 2016 Q1

Texas Quarterly Midland MSAFirst quarter 2017

Compared to same quarter last year

$169,450

Up 1.5%

Price Distribution$0 - $99,999 12.8%

$100,000 - $199,999 52.4%$200,000 - $299,999 26.0%$300,000 - $399,999 4.8%$400,000 - $499,999 3.2%$500,000 - $749,999 0.8%$750,000 - $999,999 0.0%

$1,000,000+ 0.0%

Down 4.6%

438 in 2017 Q1

Up 18.3%

259 in 2017 Q1

Days on market 76Days to close 38

Total 114

16 days more than 2016 Q1

4.6 Compared to 5.0 in 2016 Q1

Texas Quarterly Odessa MSAFirst quarter 2017

Compared to same quarter last year

$154,000

Down 6.7%

Price Distribution$0 - $99,999 14.8%

$100,000 - $199,999 53.2%$200,000 - $299,999 20.5%$300,000 - $399,999 7.2%$400,000 - $499,999 1.8%$500,000 - $749,999 2.5%$750,000 - $999,999 0.0%

$1,000,000+ 0.0%

Down 7.6%

485 in 2017 Q1

Up 4.4%

288 in 2017 Q1

Days on market 91Days to close 36

Total 127

5 days more than 2016 Q1

4.2 Compared to 4.4 in 2016 Q1

Texas Quarterly San Angelo MSAFirst quarter 2017

Compared to same quarter last year

$199,000

Up 3.7%

Price Distribution$0 - $99,999 8.7%

$100,000 - $199,999 41.9%$200,000 - $299,999 28.4%$300,000 - $399,999 11.1%$400,000 - $499,999 5.5%$500,000 - $749,999 3.3%$750,000 - $999,999 0.6%

$1,000,000+ 0.6%

Down 9.5%

8,030 in 2017 Q1

Up 4.2%

6,611 in 2017 Q1

Days on market 61Days to close 37

Total 98

9 days less than 2016 Q1

3.0 Compared to 3.6 in 2016 Q1

Texas Quarterly San Antonio-New Braunfels MSA

First quarter 2017

Compared to same quarter last year

$152,000

Up 11%

Price Distribution$0 - $99,999 29.4%

$100,000 - $199,999 36.8%$200,000 - $299,999 20.8%$300,000 - $399,999 8.3%$400,000 - $499,999 2.2%$500,000 - $749,999 1.2%$750,000 - $999,999 0.5%

$1,000,000+ 0.7%

Down 1.3%

545 in 2017 Q1

Up 4.5%

420 in 2017 Q1

Days on market 63Days to close 34

Total 97

18 days less than 2016 Q1

3.4 Compared to 3.8 in 2016 Q1

Texas Quarterly Sherman-Denison MSAFirst quarter 2017

Compared to same quarter last year

$133,405

Up 5.9%

Price Distribution$0 - $99,999 36.2%

$100,000 - $199,999 45.7%$200,000 - $299,999 13.0%$300,000 - $399,999 2.9%$400,000 - $499,999 0.7%$500,000 - $749,999 0.0%$750,000 - $999,999 1.5%

$1,000,000+ 0.0%

Up 52.4%

925 in 2017 Q1

Down 7.8%

141 in 2017 Q1

Days on market 104Days to close 38

Total 142

3 days less than 2016 Q1

15.9 Compared to 9.7 in 2016 Q1

Texas Quarterly Texarkana MSAFirst quarter 2017

Compared to same quarter last year

$175,800

Up 3.4%

Price Distribution$0 - $99,999 15.1%

$100,000 - $199,999 45.1%$200,000 - $299,999 24.3%$300,000 - $399,999 7.9%$400,000 - $499,999 4.2%$500,000 - $749,999 2.5%$750,000 - $999,999 0.6%

$1,000,000+ 0.4%

Up 12.1%

1,028 in 2017 Q1

Up 7%

553 in 2017 Q1

Days on market 101Days to close 7

Total 108

3 days less than 2016 Q1

4.5 Compared to 4.2 in 2016 Q1

Texas Quarterly Tyler MSAFirst quarter 2017

Compared to same quarter last year

$159,000

Down 0.6%

Price Distribution$0 - $99,999 18.0%

$100,000 - $199,999 48.8%$200,000 - $299,999 26.2%$300,000 - $399,999 2.9%$400,000 - $499,999 4.1%$500,000 - $749,999 0.0%$750,000 - $999,999 0.0%

$1,000,000+ 0.0%

Up 6.6%

371 in 2017 Q1

Flat 0%

173 in 2017 Q1

Days on market 124Days to close 0

Total 124

36 days more than 2016 Q1

5.5 Compared to 5.3 in 2016 Q1

Texas Quarterly Victoria MSAFirst quarter 2017

Compared to same quarter last year

$159,200

Up 5.8%

Price Distribution$0 - $99,999 25.9%

$100,000 - $199,999 43.6%$200,000 - $299,999 18.9%$300,000 - $399,999 6.4%$400,000 - $499,999 2.5%$500,000 - $749,999 1.8%$750,000 - $999,999 0.6%

$1,000,000+ 0.4%

Down 20.9%

521 in 2017 Q1

Up 1.3%

533 in 2017 Q1

Days on market 59Days to close 37

Total 96

11 days less than 2016 Q1

2.3 Compared to 3.0 in 2016 Q1

Texas Quarterly Waco MSAFirst quarter 2017

Compared to same quarter last year

$100,000

Up 1.5%

Price Distribution$0 - $99,999 49.9%

$100,000 - $199,999 35.3%$200,000 - $299,999 12.5%$300,000 - $399,999 1.4%$400,000 - $499,999 0.6%$500,000 - $749,999 0.3%$750,000 - $999,999 0.0%

$1,000,000+ 0.0%

Up 21.3%

654 in 2017 Q1

Up 2.3%

358 in 2017 Q1

Days on market 73Days to close 33

Total 106

15 days less than 2016 Q1

4.5 Compared to 3.9 in 2016 Q1

Texas Quarterly Wichita Falls MSAFirst quarter 2017