Texas had a general increase in single-family existing home sales and prices last month compared with a year ago. Meanwhile, housing inventory dropped.
Sales were up 8 percent over June 2013. According to the latest Multiple Listing Service data, just over 29,400 homes were sold statewide last month.
The median home price was $193,700, compared with $180,800 in June 2013 — a 7 percent increase. The average price — $251,700 — was 5 percent higher than last year.
The state had a 3.8-month housing inventory, down 10 percent from a year ago.
To find housing data for your MLS area, visit the Center’s website.
Source: Real Estate Center