Texas Housing Market – 1st Quarter 2018
Texas Housing Market – 1st Quarter 2018 saw the median price increase 5.78% compared to 1st Quarter 2017. The largest percentage price increase came in the $100,000-$199,999 and $200,000-$299,999 sectors each having over 25% increases compared to 1st Quarter 2017. 1st Quarter 2018 has 3.3 months of inventory compared to 3.5 months of inventory compared to same quarter last year. The average days on market of homes for sale for 1st Quarter 2018 was 66 days while the days to close came in at 33 for a total time on market of 99 days.
Texas Housing Report Quarter 1 2018
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Courtesy of TAR.
Data used in this report came from the Texas REALTOR® Relevance project, a partnership among the Texas Association of REALTORS® and local REALTOR® associations throughout the state.
