Central Texas real estate is still a hot market, in total, the area has seen over 30k sales and on pace to break last years record. Every county has seen double digit increase in home sales this November. The median price year to year for November also increased 1.7%. Click below for the Austin Board of Realtors full report
In the North Texas region, new listings were down about 4.7% with inventory shrinking to about 29k units. Prices however moved up a total of about 4% indicating that due to smaller supply, demand for homes in the Dallas Fort-Worth Region increase relative to the supply. Click below to see the full report from Dallas Fort-Worth.
November saw the fifth month in a row of increased home sales in the greater Houston area. HAR.com believes that this is due to continually low interest rates. Houston real estate also saw record November highs, with the median price rising 2.5%. Click below to see the full report from HAR.com
The San Antonio market marked a strong November with 2% increase in home sales, 2% increase in average home price, and a 2% increase in median price. The market also saw a -3% change in days on market indication faster home sales.Click below to see the full report from San Antonio Board of Realtors
Learn more about the current state of the Texas real estate market and get predictions on what you can expect in 2023. Stay up-to-date on trends and make informed decisions with this comprehensive report from ListingSpark!
As a real estate investor, you understand that one of the biggest costs is the transactions themselves. When you’re buying a property in Texas, the closing costs are relatively small at 1.5% of the purchase…
Ten percent of homes sold in 2021 were sold by their owners without a realtor. As online resources for pricing data, flat-fee listing services, and plenty of marketing options become available, homeowners can more easily…