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Texas Housing Market - 1st Quarter 2018

May 14th, 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

Deidra Odom

deidra.odom@ralexagroup.com

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Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

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