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Texas Home Sales Remain Steady in the First Quarter of 2024

Texas REALTORS® Q1-2024 Texas Quarterly Housing report also showed an increase of homes on the market.

2024年4月24日——奥斯汀

The number of Texas homes sold in the first quarter of 2024 was nearly identical to the total in the first quarter a year ago, 根据 Texas Quarterly Housing Report released today by Texas REALTORS®. The supply of homes on the market increased, while the statewide median price of $330,950 was 1.比2023年高出6%.

“Market conditions vary by location, and about forty percent of Texas metro areas actually saw an increase in sales compared to the first quarter last year,杰夫·康恩说, chairman of Texas REALTORS®. “However, the number of homes listed went up nearly across the state. This will give many buyers more options than they had in the past several years.”

Median Prices Mostly on The Rise in Q1-2024

  • Median price went up in 19 metros and down in 6.
  • No metro had a median price decrease of more than 2.与一年前相比增长了3%.
  • The biggest increase in median prices were in Odessa (11.2%),米德兰(Midland) (9%).5%),特克萨卡纳州(8%).5%).

More Listings Went on the Market, Driving Months of Inventory Higher

库存月数, a statistic that measures how long it would take to sell the homes currently on the market at the current pace of sales, 从2增加.7 months at the end of the first quarter last year to 3.8 months at the end of the first quarter this year. While a few metros had inventory numbers economists consider a balanced market (6 to 6.5个月的库存), most areas of Texas still recorded inventory levels below that number, indicating that an adequate supply of housing continues to be a concern.

Active listings increased 33.7% at the end of the first quarter compared to the end of the first quarter in 2023.

Homes spent two fewer days on the market statewide compared to the same period last year. Days on market went up in 16 metros and declined in 9.

“REALTORS® are working with buyers and hearing from lots of others who are considering buying,康恩说。. “During the pandemic, buyers often were rushed, trying to compete with many other offers. Now, most buyers have a little more time to vet properties and make an offer. While interest rates have remained stubborn, there are good opportunities for buyers. For sellers, prices have held up compared to a year ago, signaling good opportunities to sell. No matter which side of a home sale you’re on, it’s smart to work with a Texas REALTOR® who can provide information and guidance.”

关于Texas REALTORS®

有150多个,000个成员, Texas REALTORS® is a professional membership organization that represents all aspects of real estate in Texas. We are the advocate for REALTORS® and private property rights in Texas.

About the Texas Quarterly Housing Report

Data for the Texas Quarterly Housing Report is provided by the Data Relevance Project, a partnership among local REALTOR® associations and their 美国职业足球大联盟, and Texas REALTORS®, with analysis by the Texas Real Estate 研究 Center at Texas A&米大学. The report provides quarterly real estate sales data for Texas and 25 metropolitan statistical areas in the state. 德州2021十大正规彩票app 年回顾报告 在二月和 Texas Real Estate Mid-Year Report in August are released in lieu of the Q2 and Q4 reports each year.