Sales Were Up
Single-Family:
Sales increased by 11% in October as compared to a year ago. The average sales price rose 6% and the median sales price increased 7%. Pending sales took a whopping jump up of 32%. The new listings number was up only 1% but the active listings climbed 10%. The months of inventory increased to 2.7 months. While we need more inventory, this increase only points out how much this area is still in a strong buyers Market.
Sales: 80
Average Sales Price: $431,271
Median Sales Price: $387,000
Pending Sales: 98
New Listings: 112
Active Listings: 241
Months of Inventory: 2.7
Information provided by The Real Estate Center at Texas A&M
No comments:
Post a Comment