Texas Quarterly
Housing Report
Covering 2016-Q1
Release date: May 1, 2016
Contact: Danielle Urban
Pierpont Communications
512-448-4950
[email protected]
About the Texas Quarterly Housing Report
Data for the Texas Quarterly Housing Report is provided by the Data Relevance Project, a partnership
among local R
EALTOR®
associations and their MLSs, the Real Estate Center at Texas A&M University, and
the Texas Association of R
EALTORS®
. The report provides quarterly real estate sales data from a statewide
perspective and for 25 metropolitan statistical areas in Texas. It is scheduled for release by the Texas
Association of R
EALTORS®
on the following dates each year (or the next business day): Feb. 1, May 1,
Aug. 1 and Nov. 1. To view the 2016-Q1 report in its entirety, visit TexasRealEstate.com.
About the Texas Association of REALTORS®
With more than 100,000 members, the Texas Association of R
EALTORS®
is a professional membership
organization that represents all aspects of real estate in Texas. We advocate on behalf of Texas
R
EALTORS®
and private-property owners to keep homeownership affordable, protect private-property
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
About the data used in this report
Data used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
Days on market
Down
11.9
%
Up
5.4
%
$195,000
Up
7.8
%
64
2.8
51.32%
42.33%
6.35%
Statewide
First quarter 2016
74,276 in Q1 2016
65,265 in Q1 2016
3 days less than Q1 2015
Compared to 3.4 in Q1 2015
Single family homes sold
Months of inventory
Number of active listings
were $199,999 or less
were $500,000 or more
were $200,000-$499,999
Texas Quarterly
Housing Report
Number of active listings
Median home price
$148,325
Abilene
First quarter 2016
60
3.0
72.48%
26.83%
0.69%
Days on market
Up
6.0
%
Up
1.2
%
Up
8.3
%
512 in Q1 2016
442 in Q1 2016
15 days less than Q1 2015
Compared to 3.2 in Q1 2015
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
About the data used in this report
Data used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
$150,000
Amarillo
First quarter 2016
61
2.5
72.03%
26.15%
1.82%
701 in Q1 2016
718 in Q1 2016
1 day less than Q1 2015
Compared to 3.4 in Q1 2015
Compared to first quarter 2015
Days on market
Up
4.9
%
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
Number of active listings
were $199,999 or less
were $200,000-$499,999
$267,448
Austin-Round Rock
First quarter 2016
58
2.0
24.43%
63.13%
12.44%
Days on market
Up
8.4
%
Up
2.5
%
Up
5.3
%
5,278 in Q1 2016
6,487 in Q1 2016
1 day more than Q1 2015
Compared to 2.0 in Q1 2015
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
About the data used in this report
Data used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
$134,250
Beaumont-Port Arthur
First quarter 2016
106
3.0
74.27%
24.85%
0.88%
Days on market
Up
3.9
%
Down
47.4
%
Up
6.0
%
828 in Q1 2016
729 in Q1 2016
8 days less than Q1 2015
Compared to 6.5 in Q1 2015
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
Number of active listings
were $199,999 or less
were $200,000-$499,999
$113,500
Brownsville-Harlingen
First quarter 2016
136
6.8
82.25%
16.71%
1.04%
Days on market
Down
1.3
%
Down
38.0
%
Up
13.8
%
1,240 in Q1 2016
511 in Q1 2016
Unchanged from Q1 2015
Compared to 11.8 in Q1 2015
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
About the data used in this report
Data used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
$195,000
College Station-Bryan
First quarter 2016
46
1.9
51.18%
44.73%
4.09%
Days on market
Up
11.4
%
Down
32.3
%
Down
3.6
%
514 in Q1 2016
642 in Q1 2016
Compared to 2.8 in Q1 2015
8 days less than Q1 2015
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
Number of active listings
were $199,999 or less
were $200,000-$499,999
$177,000
Corpus Christi
First quarter 2016
89
4.4
61.99%
34.55%
3.46%
Days on market
Up
2.2
%
Down
11.4
%
Up
16.4
%
2,015 in Q1 2016
1,199 in Q1 2016
3 days more than Q1 2015
Compared to 5.2 in Q1 2015
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
About the data used in this report
Data used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
$215,000
Dallas-Fort Worth-Arlington
First quarter 2016
45
1.9
44.89%
47.55%
7.56%
Days on market
Up
8.6
%
Up
0.3
%
Up
14.3
%
15,683 in Q1 2016
20,206 in Q1 2016
5 days less than Q1 2015
Compared to 2.1 in Q1 2015
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
Number of active listings
were $199,999 or less
were $200,000-$499,999
$137,000
El Paso
First quarter 2016
102
4.0
80.53%
19.12%
0.35%
Days on market
Down
0.3
%
Down
38.7
%
Up
5.2
%
2,276 in Q1 2016
1,432 in Q1 2016
17 days less than Q1 2015
Compared to 7.3 in Q1 2015
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $199,999 or less
were $500,000 or more
were $200,000-$499,999
Texas Quarterly
Housing Report
About the data used in this report
Data used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
©2015 Houston Realtors Information Service, Inc. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Realtors Information Service, Inc.
$207,000
Houston-The Woodlands-Sugar Land
First quarter 2016
60
2.8
47.55%
44.82%
7.63%
Days on market
Up
3.5
%
Up
4.8
%
Up
1.7
%
18,471 in Q1 2016
15,921 in Q1 2016
6 days more than Q1 2015
Compared to 2.6 in Q1 2015
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
Number of active listings
were $199,999 or less
were $200,000-$499,999
$137,500
Killeen-Temple
First quarter 2016
81
3.4
79.37%
20.02%
0.61%
1,530 in Q1 2016
1,192 in Q1 2016
Unchanged from Q1 2015
Compared to 5.0 in Q1 2015
Compared to first quarter 2015
Days on market
Up
5.0
%
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
About the data used in this report
Data used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
$159,990
Laredo
First quarter 2016
66
4.1
73.54%
26.01%
0.45%
Days on market
Up
13.1
%
Down
17.7
%
Down
7.8
%
409 in Q1 2016
238 in Q1 2016
7 days more than Q1 2015
Compared to 5.1 in Q1 2015
Casas unifamiliares
vendidas
Precio medio de una casa
Días en el mercado
Meses de inventario
Número de
anuncios activos
costaron $199,999 o menos
costaron $500,000 o mas
costaron $200,000-$499,999
El Informe Trimestral
de la Vivienda de Texas
Cuarto primero del 2016
Laredo
66
4.1
Subio
13.1
%
Baja
17.7
%
Baja
7.8
%
73.54%
26.01%
0.45%
$159,990
409 en el cuarto primero del 2016
238 en el cuarto primero del 2016
7 días mas que
Comparado a 5.1 en
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
About the data used in this report
Data used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
$139,000
Longview
First quarter 2016
109
6.1
79.67%
18.66%
1.67%
Days on market
Down
3.5
%
Down
22.7
%
Up
7.9
%
890 in Q1 2016
370 in Q1 2016
1 day less than Q1 2015
Compared to 8.3 in Q1 2015
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
Number of active listings
were $199,999 or less
were $200,000-$499,999
$144,500
Lubbock
First quarter 2016
57
2.1
75.47%
23.05%
1.48%
Days on market
Up
9.1
%
Down
22.2
%
Up
2.3
%
646 in Q1 2016
763 in Q1 2016
4 days less than Q1 2015
Compared to 2.7 in Q1 2015
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
About the data used in this report
Data used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
$120,500
McAllen-Edinburg-Mission
First quarter 2016
110
7.5
84.29%
15.33%
0.38%
Days on market
Up
6.4
%
Down
18.3
%
Down
6.7
%
1,677 in Q1 2016
556 in Q1 2016
17 days less than Q1 2015
Compared to 9.7 in Q1 2015
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
Number of active listings
were $199,999 or less
were $200,000-$499,999
$225,218
Midland
First quarter 2016
58
3.1
40.00%
55.26%
4.74%
542 in Q1 2016
405 in Q1 2016
18 days more than Q1 2015
Compared to 3.5 in Q1 2015
Compared to first quarter 2015
Days on market
Down
1.2
%
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
About the data used in this report
Data used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
Days on market
$166,000
Odessa
First quarter 2016
60
4.1
64.11%
33.98%
1.91%
379 in Q1 2016
217 in Q1 2016
4 days more than Q1 2015
Compared to 2.7 in Q1 2015
Compared to first quarter 2015
Down
2.4
%
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
Number of active listings
were $199,999 or less
were $200,000-$499,999
Days on market
$165,000
San Angelo
First quarter 2016
80
3.4
67.92%
31.33%
0.75%
401 in Q1 2016
273 in Q1 2016
11 days more than Q1 2015
Compared to 3.4 in Q1 2015
Compared to first quarter 2015
Up
11.0
%
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
About the data used in this report
Data used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
Days on market
Up
0.3
%
Up
4.4
%
$191,999
San Antonio-New Braunfels
First quarter 2016
Up
13.0
%
67
3.2
53.13%
42.91%
3.96%
7,844 in Q1 2016
6,401 in Q1 2016
7 days less than Q1 2015
Compared to 3.5 in Q1 2015
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
Number of active listings
were $199,999 or less
were $200,000-$499,999
Days on market
Down
26.6
%
Up
12.0
%
$138,000
Sherman-Denison
First quarter 2016
Up
16.5
%
78
3.2
72.34%
25.38%
2.28%
463 in Q1 2016
403 in Q1 2016
14 days less than Q1 2015
Compared to 4.8 in Q1 2015
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
About the data used in this report
Data used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
Days on market
Down
45.3
%
Up
14.5
%
$124,500
Texarkana
First quarter 2016
Up
3.4
%
102
4.0
80.67%
19.33%
0.00%
249 in Q1 2016
153 in Q1 2016
25 days less than Q1 2015
Compared to 8.2 in Q1 2015
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
Number of active listings
were $199,999 or less
were $200,000-$499,999
Days on market
Down
26.1
%
Up
6.3
%
$170,000
Tyler
First quarter 2016
Up
1.5
%
103
3.3
63.21%
32.88%
3.91%
724 in Q1 2016
528 in Q1 2016
Unchanged from Q1 2015
Compared to 4.7 in Q1 2015
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
About the data used in this report
Data used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
Number of active listings
were $199,999 or less
were $200,000-$499,999
Days on market
Up
3.0
%
Down
7.3
%
$160,500
Victoria
First quarter 2016
311 in Q1 2016
173 in Q1 2016
Down
1.7
%
88
7 days more than Q1 2015
Compared to 4.4 in Q1 2015
4.7
68.60%
27.91%
3.49%
Single family homes sold
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
Number of active listings
were $199,999 or less
were $200,000-$499,999
Days on market
Down
40.0
%
Up
7.5
%
$150,500
Waco
First quarter 2016
465 in Q1 2016
536 in Q1 2016
Down
0.7
%
68
23 days less than Q1 2015
Compared to 3.8 in Q1 2015
2.2
75.88%
22.55%
1.57%
Single family homes sold
Median home price
Days on market
Months of inventory
Number of active listings
were $500,000 or more
Texas Quarterly
Housing Report
About the data used in this report
Data used in this housing report comes from the Texas REALTOR® Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M, and the Texas Association of REALTORS®.
