October 25, 2019 — Austin

Texas home sales and median price experienced steady increases during the third quarter of 2019, 根据 2019-Q3 Texas Quarterly Housing Report released today by Texas REALTORS®.

“Texas ended the summer selling season with continued growth in home sales and median price in most of the major markets,特雷·贝茨说, chairman of Texas REALTORS®. “Our housing market remains healthy due to strong demand and steady increases in housing inventory.”

During the third quarter of this year, 100,733 homes were sold in Texas, an increase of 6.4% compared to the third quarter of 2018. Statewide, the median price increased 4.3% to $245,000. Of all the homes sold within the third quarter, 33.4% were priced from $200,000 to $299,999, the highest share of sales among all price-class distributions. Homes priced from $100,000 to $199,999 represented the second-highest share of sales with 26.9%.

吉姆·盖恩斯博士.D., chief economist with the Real Estate Center at Texas A&米大学, 评论, “The Texas housing market continued to spur strong demand during the third quarter. 基于销售活动, 我们看到了价格, months of inventory and active listings all experience significant growth in most of the markets across the state. During the remainder of the year, we expect attractive interest rates to incentivize homebuyers. 除了, new home construction will continue to pick up in markets such as Houston and Dallas, leading to an increase in housing inventory availability.”

There were 111,013 active listings in the third quarter, a 3.5% increase from the third quarter in 2018. Texas homes spent an average of 54 days on the market during the third quarter this year, which is two days longer than the same period last year.

Statewide, housing inventory increased to 3.8 months of inventory, an increase of 0.2018-第三季度起1个月. According to the Real Estate Center at Texas A&米大学, a market balanced between supply and demand has between 6.0和6.5个月的库存.

贝茨主席总结道, “Real estate transactions are based on individual needs of the buyer or seller versus the overall market condition. Currently, the Texas housing market has significant opportunities available for homebuyers. 然而, tight inventory can make negotiating tricky, 如果操作不当, can create a disadvantage for either party. By working with a Texas REALTOR®, both buyers and sellers can ensure that they’re provided with tools to successfully navigate a real estate transaction.”