BILL CHERRY, REALTORS
DALLAS - HIGHLAND PARK
214 503-8563
Fax 214 666-9985
OUR 45TH YEAR SELLING TEXAS
ON THE WEB
Here is how select Texas cities faired in August (data current as of Sept. 24, 2009):
|
|
Sales
|
Change from
Last Year
|
Median
Price
|
Change from
Last Year
|
Months'
Inventory
|
|
Austin
|
1,996
|
down 10%
|
$187,000
|
down 4%
|
6.7
|
|
Dallas
|
4,183
|
down 15%
|
$161,500
|
up 1%
|
6.5
|
|
Fort Worth
|
756
|
down 17%
|
$116,300
|
down 4%
|
6.8
|
|
Houston
|
5,555
|
down 11%
|
$159,700
|
up 1%
|
6.8
|
|
Killeen-Fort Hood
|
262
|
up 19%
|
$127,100
|
up 1%
|
9.8
|
|
Laredo
|
72
|
down 19%
|
$116,400
|
down 10%
|
9.4
|
|
Lufkin
|
48
|
down 20%
|
$95,000
|
down 17%
|
na
|
|
Odessa
|
92
|
down 39%
|
$118,700
|
down 13%
|
7.9
|
|
San Antonio
|
1,808
|
up 1%
|
$146,500
|
down 2%
|
8.3
|
|
Texarkana
|
85
|
down 11%
|
$111,000
|
up 25%
|
8.7
|
The National Association of Realtors reports that, nationally, sales of existing single-family homes fell 2.8 percent last month to a seasonally adjusted annual rate of 4.48 million from 4.61 million in July. However, that was 2.5 percent higher than the 4.37 million-unit pace reported a year ago.
Meanwhile, the median existing home price was $177,500 in August, down 12.1 percent from August 2008.
Source: Real Estate Center - Texas A&M.
Copyright - Texas A&M 2009
Reprinted with Permission
;)
;)
Bill
I do hope it gets a lot better soon by you.