• Skip to main content
  • Skip to header right navigation
  • Skip to site footer

Phone: 979-693-0201 Email: [email protected]

Myke Leatham | Brazos County Realty

Myke Leatham | Brazos County Realty

Welcome to Aggieland!

  • About Us
    • About Myke
    • Myke Leatham Team
    • Service After The Sale
    • Testimonials
    • Realtors Be Your Own Boss
  • Search Properties
    • Our Properties
    • MLS Search
    • Map Search
    • Rentals
    • Patio Townhomes & Condos
    • Luxury
    • Golf Course
    • Farm/Ranch/Land
    • Foreclosures
    • Rental Applications
    • Reserve My Airbnb
  • Subdivisions
    • Attractions
    • Bus Routes
    • Resources
    • Utilities & Hook Ups
    • Becoming More Energy Efficient
    • Bryan & College Station School Information
    • School Reports
  • Buyers / Sellers
    • Frequent “Q & A” For Buyers
    • First-Time Home Buyers
    • Loan Approval
    • Local Lenders
    • Mortgage Calculators
    • Tips for Sellers
    • Sellers Info
    • Frequent “Q & A” For Sellers
  • Resources
  • Blog
  • Contact

Texas home sales, prices up 7 percent

September 30, 2015 by Rachel Clark

COLLEGE STATION, Tex. (Real Estate Center) – Latest Multiple Listing Service (MLS) data show Texas home sales had a 7 percent year-over-year increase in August while the median price was up 7.4 percent.

“Generally speaking, the market’s still going strong,” said Real Estate Center Chief Economist Dr. Jim Gaines. “However, we are seeing some slowdown in demand in areas most affected by the decline in oil prices and weakness in the energy sector.”

Last month, 29,685 homes were sold statewide, almost 1,900 more than a year ago but about 1,500 fewer than in July. Gaines said the decline from July is the typical seasonal slowdown in sales.

Gaines said the state’s low housing inventory — 3.7 months in August, well below the 6.5 months that Center economists consider a balanced market — continues to elevate prices.

Last month’s median price was $203,300 compared with $189,300 a year ago and $204,700 in July.

Here’s how the state’s major metros fared in August.

Aug 2015 RE Stats
August 2015 home sales data for most Texas MLSs are online at https://www.recenter.tamu.edu/data/housing-activity/.

Funded primarily by Texas real estate licensee fees, the Real Estate Center at Texas A&M University was created by the state legislature to meet the needs of many audiences, including the real estate industry, instructors, researchers and the general public. The Center is part of Mays Business School at Texas A&M University.

By Bryan Pope, Associate Editor, Real Estate Center at Texas A&M University
Sept. 28, 2015/Release No. 02-0915

This is important information from The Real Estate Center at Texas A&M University that is being re-posted here.

 

Share this:

  • Facebook
  • Email
  • Twitter
  • Tumblr
  • Pinterest
  • More
  • Print
  • Pocket
  • Reddit
Category: Blog, College Station housing market, Homes for saleTag: College Station Real Estate, College Station Real Estate Listings, Housing prices in College Station

About Rachel Clark

Previous Post:College Station Ranked #1 AGAIN!
Next Post:Be Prepared/ Emergency Essentials

Brazos County Realty

Your leading resource to search for College Station homes and BCS real estate. Let us help you find your dream home in Bryan & College Station, Texas!

Contact Us
Company

13464 I and GN Rd.
College Station, Texas 77845

Phone: 979-693-0201
Email: [email protected]

Navigation

About Myke

Featured Properties

Search Properties

Rentals

Quick Search By Area

IDX Sitemap

Resources

Areas of Expertise

Homes for Sale

College Station Houses

MLS

Land & Investment Properties

Additional Info

Information About Brokerage Services

TREC Consumer Protection Notice

Still Have Questions?
Get More Information

  • Facebook
  • Twitter

AggieRealEstate.com is Not Affiliated With Texas A&M University. Copyright © 2023 · All Rights Reserved · Made With ⚡ By imFORZA

 

Loading Comments...