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Texas’ Existing Home Sales Up 9 Percent

Texas Business reports:  COLLEGE STATION--Sales of existing single-family Texas homes in November were up 9 percent from a year ago, according to the most recent Multiple Listing Services (MLS) data compiled by the Real Estate Center at Texas A&M University.

More than 15,000 homes were sold, data showed. The median home price was $147,600, up 1 percent from a year ago, and the state's overall inventory was at 6.6 months.

Here is a sampling (data current as of Dec. 19, 2011):

 

Sales

Change from
Last Year

Median
Price

Change from
Last Year

Months'
Inventory

Abilene

113

down 2%

$129,200

up 47%

5.6

Amarillo

196

up 45%

$128,100

down 2%

5.9

Arlington

272

up 5%

$131,600

up 4%

4.8

Austin

1,481

up 12%

$186,400

up 3%

4.6

Bryan-
College Station

124

up 23%

$156,200

down 2%

8.7

Dallas

3,254

up 16%

$151,100

down 2%

5.3

Fort Worth

574

down 1%

$107,900

no change

5.8

Houston

4,343

up 11%

$153,800

up 2%

6.4

Laredo

55

down 30%

$121,400

down 8%

7.1

Longview-
Marshall

129

down 9%

$139,500

up 14%

9.8

Lubbock

178

up 5%

$123,500

up 4%

7.2

McAllen

137

down 9%

$115,300

up 9%

15.3

Odessa

81

up 69%

$125,000

down 19%

3.5

San Antonio

1,265

down 3%

$145,400

down 5%

7.2

Texarkana

75

up 36%

$92,500

down 10%

9.4

Texas

15,059

up 9%

$147,600

up 1%

6.6