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Texas QuarterlyHousing Report
Covering 2016-Q2Release date: August 1, 2016
Contact: Danielle UrbanPierpont [email protected]
About the Texas Quarterly Housing ReportData for the Texas Quarterly Housing Report is provided by the Data Relevance Project, a partnership
among local REALTOR® associations and their MLSs, the Real Estate Center at Texas A&M University, and
the Texas Association of REALTORS®. 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 REALTORS® on the following dates each year (or the next business day): Feb. 1, May 1,
Aug. 1 and Nov. 1. To view the 2016-Q2 report in its entirety, visit TexasRealEstate.com.
About the Texas Association of REALTORS®With more than 100,000 members, the Texas Association of REALTORS® is a professional membership
organization that represents all aspects of real estate in Texas. We advocate on behalf of Texas
REALTORS® and private-property owners to keep homeownership affordable, protect private-property
rights, and promote public policies that benefit homeowners. Visit TexasRealEstate.com to learn more.
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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
Up4.1%
Up7.5%$215,000
Up4.4%
54 3.7
45.30%
46.91%
7.79%
Statewide
Second Quarter 2016
98,495 in Q2 2016 91,418 in Q2 2016
1 days less than Q2 2015 Compared to 3.7 in Q2 2015
Compared to second quarter 2015
Number of closed sales
Months of inventory
Number of active listings
were $199,999 or less
were $500,000 or more
were $200,000-$499,999
Texas QuarterlyHousing Report
About the data used in this reportData 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
Median home price
$159,900
Abilene MSA
Second Quarter 2016
56 3.8
67.60%
31.16%
1.24%
Days on market
Up8.4%
Up6.3%Up19.9%
675 in Q2 2016 651 in Q2 2016
3 days less than Q2 2015 Compared to 4.0 in Q2 2015
Compared to second quarter 2015
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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$162,750
Amarillo MSA
Second Quarter 2016
44 3.5
66.94%
31.04%
2.02%
988 in Q2 2016 996 in Q2 2016
2 day less than Q2 2015 Compared to 3.8 in Q2 2015
Compared to second quarter 2015
Days on market
Up3.7%
Up 0.2%Up3.8%
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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$286,700
Austin-Round Rock MSA
Second Quarter 2016
44 2.5
19.08%
66.14%
14.78%
Days on market
Up6.6%
Up5.1%Up8.0%
6,800 in Q2 2016 9,715 in Q2 2016
1 day more than Q2 2015 Compared to 2.5 in Q2 2015
Compared to second quarter 2015
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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$144,900
Beaumont-Port Arthur MSA
Second Quarter 2016
102 4.1
70.96%
28.21%
0.83%
Days on market
Up5.8%
Down27.8%Up0.3%
1152 in Q2 2016 901 in Q2 2016
6 days less than Q2 2015 Compared to 6.2 in Q2 2015
Compared to second quarter 2015
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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$136,000
Brownsville-Harlingen MSA
Second Quarter 2016
147 9.6
76.67%
21.88%
1.45%
Days on market
Up11.8%
Down9.2%Up3.3%
1,739 in Q2 2016 588 in Q2 2016
6 days more than Q2 2015 Compared to 11.0 in Q2 2015
Compared to second quarter 2015
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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$200,000
College Station-Bryan MSA
Second Quarter 2016
46 2.8
49.80%
45.74%
4.46%
Days on market
Up10.8%
Down5.2%Down6.6%
762 in Q2 2016 999 in Q2 2016
Compared to 3.0 in Q2 20156 days more than Q2 2015
Compared to second quarter 2015
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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$190,000
Corpus Christi MSA
Second Quarter 2016
81 5.8
54.02%
41.57%
4.41%
Days on market
Up1.6%
Up9.5%Up5.2%
2,707 in Q2 2016 1,573 in Q2 2016
2 days more than Q2 2015 Compared to 5.6 in Q2 2015
Compared to second quarter 2015
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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$238,000
Dallas-Fort Worth-Arlington MSA
Second Quarter 2016
34 2.3
37.59%
52.92%
9.49%
Days on market
Up8.2%
Down2.7%Up4.0%
18,299 in Q2 2016 27,714 in Q2 2016
3 days less than Q2 2015 Compared to 2.5 in Q2 2015
Compared to second quarter 2015
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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$143,950
El Paso MSA
Second Quarter 2016
95 5.9
79.97%
19.51%
0.52%
Days on market
Up1.4%
Down13.5%Up2.8%
3,386 in Q2 2016 1,944 in Q2 2016
6 days less than Q2 2015 Compared to 7.4 in Q2 2015
Compared to second quarter 2015
Number of closed sales
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 QuarterlyHousing Report
About the data used in this reportData 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
©2016 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.
$225,000
Houston-The Woodlands-Sugar Land MSA
Second Quarter 2016
52 3.7
41.32%
49.50%
9.18%
Days on market
Up2.5%
Up19.0%Up2.2%
24,302 in Q2 2016 22,605 in Q2 2016
4 days more than Q2 2015 Compared to 3.1 in Q2 2015
Compared to second quarter 2015
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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$145,000
Killeen-Temple MSA
Second Quarter 2016
73 4.4
77.49%
21.70%
0.81%
2,094 in Q2 2016 1,752 in Q2 2016
2 days less than Q2 2015 Compared to 4.7 in Q2 2015
Compared to second quarter 2015
Days on market
Down0.7%
Up5.5%Up17.0%
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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$155,000
Laredo MSA
Second Quarter 2016
59 5.7
69.02%
30.06%
0.92%
Days on market
Up1.4%
Up15.7%Up3.0%
583 in Q2 2016 345 in Q2 2016
7 days less than Q2 2015 Compared to 5.1 in Q2 2015
Compared to second quarter 2015
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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
Longview MSA
Second Quarter 2016
104 8.7
74.10%
24.00%
1.90%
Days on market
Up4.3%
Up 7.6%Up13.8%
1,329 in Q2 2016 537 in Q2 2016
1 day more than Q2 2015 Compared to 8.8 in Q2 2015
Compared to second quarter 2015
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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
Lubbock MSA
Second Quarter 2016
41 2.8
70.68%
27.37%
1.95%
Days on market
Up8.3%
Up0.8%Up4.7%
880 in Q2 2016 1,207 in Q2 2016
7 days less than Q2 2015 Compared to 2.8 in Q2 2015
Compared to second quarter 2015
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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$135,000
McAllen-Edinburg-Mission MSA
Second Quarter 2016
105 8.7
80.53%
18.59%
0.88%
Days on market
Up10.7%
Down7.7%Up 1.5%
1,960 in Q2 2016 726 in Q2 2016
3 days more than Q2 2015 Compared to 9.9 in Q2 2015
Compared to second quarter 2015
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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$237,500
Midland MSA
Second Quarter 2016
56 4.2
35.05%
58.90%
6.05%
714 in Q2 2016 595 in Q2 2016
8 days more than Q2 2015 Compared to 3.1 in Q2 2015
Compared to second quarter 2015
Days on market
Down3.5%
Up24.6%Down 4.2%
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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 MSA
Second Quarter 2016
57 5.3
68.55%
29.88%
1.57%
491 in Q2 2016 329 in Q2 2016
6 days more than Q2 2015 Compared to 2.8 in Q2 2015
Compared to second quarter 2015
Down5.7%
Up73.5%Up2.5%
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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
$163,500
San Angelo MSA
Second Quarter 2016
74 4.5
66.58%
31.69%
1.73%
526 in Q2 2016 416 in Q2 2016
10 days more than Q2 2015 Compared to 3.8 in Q2 2015
Compared to second quarter 2015
Down3.5%
Up 9.8%Down1.4%
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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
Up1.6%
Up5.1%$205,000
San Antonio-New Braunfels MSA
Second Quarter 2016
Up6.6%
55 3.7
47.72%
47.56%
4.72%
9,177 in Q2 2016 8,837 in Q2 2016
3 days less than Q2 2015 Compared to 3.9 in Q2 2015
Compared to second quarter 2015
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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
Down1.3%
Up8.5%$140,000
Sherman-Denison MSA
Second Quarter 2016
Up16.7%
55 4.0
72.94%
25.05%
2.01%
612 in Q2 2016 559 in Q2 2016
12 days less than Q2 2015 Compared to 4.6 in Q2 2015
Compared to second quarter 2015
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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 82.4%
Up4.4%$130,500
Texarkana MSA
Second Quarter 2016
Down5.9%
103 13.0
75.13%
24.87%
0.00%
806 in Q2 2016 192 in Q2 2016
10 days less than Q2 2015 Compared to 7.6 in Q2 2015
Compared to second quarter 2015
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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
Down10.6%
Up2.9%$175,500
Tyler MSA
Second Quarter 2016
Up7.3%
96 4.5
61.75%
35.06%
3.19%
1,009 in Q2 2016 777 in Q2 2016
2 days less than Q2 2015 Compared to 5.4 in Q2 2015
Compared to second quarter 2015
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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
Up17.9%
Down2.9%$170,000
Victoria MSA
Second Quarter 2016
363 in Q2 2016 230 in Q2 2016
Up3.1%
97Unchanged from Q2 2015 Compared to 4.5 in Q2 2015
5.5
64.19%
34.94%
0.87%Compared to second quarter 2015
Number of closed sales
Median home price
Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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
Down23.2%
Up5.1%$159,900
Waco MSA
Second Quarter 2016
589 in Q2 2016 829 in Q2 2016
Up10.2%
647 days less than Q2 2015 Compared to 3.7 in Q2 2015
2.7
67.96%
30.04%
2.00%Compared to second quarter 2015
Number of closed sales
Median home price
Days on market Months of inventory
Number of active listings
were $500,000 or more
Texas QuarterlyHousing Report
About the data used in this reportData 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
Up25.4%
Up6.4%$114,950
Wichita Falls MSA
Second Quarter 2016
789 in Q2 2016 490 in Q2 2016
Up12.6%
6824 days less than Q2 2015 Compared to 5.2 in Q2 2015
5.6
84.23%
15.56%
0.21%Compared to second quarter 2015