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 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-Q1 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.
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-Q1 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.
Single family homes sold
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
Down11.9%
Up5.4%$195,000
Up7.8%
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
Compared to first quarter 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 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
$148,325
Abilene
First quarter 2016
60 3.0
72.48%
26.83%
0.69%
Days on market
Up6.0%
Up1.2%Up8.3%
512 in Q1 2016 442 in Q1 2016
15 days less than Q1 2015 Compared to 3.2 in Q1 2015
Compared to first quarter 2015
Single family homes sold
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
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
Up4.9%
Down20.1%Up5.0%
Single family homes sold
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$267,448
Austin-Round Rock
First quarter 2016
58 2.0
24.43%
63.13%
12.44%
Days on market
Up8.4%
Up2.5%Up5.3%
5,278 in Q1 2016 6,487 in Q1 2016
1 day more than Q1 2015 Compared to 2.0 in Q1 2015
Compared to first quarter 2015
Single family homes sold
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$134,250
Beaumont-Port Arthur
First quarter 2016
106 3.0
74.27%
24.85%
0.88%
Days on market
Up3.9%
Down47.4%Up6.0%
828 in Q1 2016 729 in Q1 2016
8 days less than Q1 2015 Compared to 6.5 in Q1 2015
Compared to first quarter 2015
Single family homes sold
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$113,500
Brownsville-Harlingen
First quarter 2016
136 6.8
82.25%
16.71%
1.04%
Days on market
Down1.3%
Down38.0%Up13.8%
1,240 in Q1 2016 511 in Q1 2016
Unchanged from Q1 2015 Compared to 11.8 in Q1 2015
Compared to first quarter 2015
Single family homes sold
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$195,000
College Station-Bryan
First quarter 2016
46 1.9
51.18%
44.73%
4.09%
Days on market
Up11.4%
Down32.3%Down3.6%
514 in Q1 2016 642 in Q1 2016
Compared to 2.8 in Q1 20158 days less than Q1 2015
Compared to first quarter 2015
Single family homes sold
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$177,000
Corpus Christi
First quarter 2016
89 4.4
61.99%
34.55%
3.46%
Days on market
Up2.2%
Down11.4%Up16.4%
2,015 in Q1 2016 1,199 in Q1 2016
3 days more than Q1 2015 Compared to 5.2 in Q1 2015
Compared to first quarter 2015
Single family homes sold
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$215,000
Dallas-Fort Worth-Arlington
First quarter 2016
45 1.9
44.89%
47.55%
7.56%
Days on market
Up8.6%
Up0.3%Up14.3%
15,683 in Q1 2016 20,206 in Q1 2016
5 days less than Q1 2015 Compared to 2.1 in Q1 2015
Compared to first quarter 2015
Single family homes sold
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$137,000
El Paso
First quarter 2016
102 4.0
80.53%
19.12%
0.35%
Days on market
Down0.3%
Down38.7%Up5.2%
2,276 in Q1 2016 1,432 in Q1 2016
17 days less than Q1 2015 Compared to 7.3 in Q1 2015
Compared to first quarter 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 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®.
6 days more than Q1 2015 Compared to 2.6 in Q1 2015
Compared to first quarter 2015
Single family homes sold
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$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
Up5.0%
Down23.7%Up9.6%
Single family homes sold
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$159,990
Laredo
First quarter 2016
66 4.1
73.54%
26.01%
0.45%
Days on market
Up13.1%
Down17.7%Down7.8%
409 in Q1 2016 238 in Q1 2016
7 days more than Q1 2015 Compared to 5.1 in Q1 2015
Compared to first quarter 2015
Casas unifamiliaresvendidas
Precio medio de una casa
Días en el mercado Meses de inventario
Número deanuncios activos
costaron $199,999 o menos
costaron $500,000 o mas
costaron $200,000-$499,999
El Informe Trimestral de la Vivienda de Texas
Acerca de los datos utilizados en este informeLos datos utilizados en este informe son suministrados por el Texas REALTOR® Data Relevance Project, una asociación entre las asociaciones locales de bienes raíces y sus Servicios de Listado Múltiple, el Real Estate Center en la Universidad de Texas A&M, y la Asociación de Agentes de Bienes Raíces de Texas (Texas Association of REALTORS®).
LaredoCuarto primero del 2016
66 4.1
Subio13.1%
Baja17.7%Baja7.8%
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 queel cuarto primero del 2015
Comparado a 5.1 enel cuarto primero del 2015
Comparado al cuarto primero del 2015
Single family homes sold
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$139,000
Longview
First quarter 2016
109 6.1
79.67%
18.66%
1.67%
Days on market
Down3.5%
Down22.7%Up7.9%
890 in Q1 2016 370 in Q1 2016
1 day less than Q1 2015 Compared to 8.3 in Q1 2015
Compared to first quarter 2015
Single family homes sold
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$144,500
Lubbock
First quarter 2016
57 2.1
75.47%
23.05%
1.48%
Days on market
Up9.1%
Down22.2%Up2.3%
646 in Q1 2016 763 in Q1 2016
4 days less than Q1 2015 Compared to 2.7 in Q1 2015
Compared to first quarter 2015
Single family homes sold
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$120,500
McAllen-Edinburg-Mission
First quarter 2016
110 7.5
84.29%
15.33%
0.38%
Days on market
Up6.4%
Down18.3%Down6.7%
1,677 in Q1 2016 556 in Q1 2016
17 days less than Q1 2015 Compared to 9.7 in Q1 2015
Compared to first quarter 2015
Single family homes sold
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$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
Down1.2%
Down16.0%Up15.4%
Single family homes sold
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
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
Down2.4%
Up34.9%Down3.6%
Single family homes sold
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
$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
Up11.0%
Down2.2%Down9.0%
Single family homes sold
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
Up0.3%
Up4.4%$191,999
San Antonio-New Braunfels
First quarter 2016
Up13.0%
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
Compared to first quarter 2015
Single family homes sold
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
Down26.6%
Up12.0%$138,000
Sherman-Denison
First quarter 2016
Up16.5%
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
Compared to first quarter 2015
Single family homes sold
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
Down45.3%
Up14.5%$124,500
Texarkana
First quarter 2016
Up3.4%
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
Compared to first quarter 2015
Single family homes sold
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
Down26.1%
Up6.3%$170,000
Tyler
First quarter 2016
Up1.5%
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
Compared to first quarter 2015
Single family homes sold
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
Up3.0%
Down7.3%$160,500
Victoria
First quarter 2016
311 in Q1 2016 173 in Q1 2016
Down1.7%
887 days more than Q1 2015 Compared to 4.4 in Q1 2015
4.7
68.60%
27.91%
3.49%Compared to first quarter 2015
Single family homes sold
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
Down40.0%
Up7.5%$150,500
Waco
First quarter 2016
465 in Q1 2016 536 in Q1 2016
Down0.7%
6823 days less than Q1 2015 Compared to 3.8 in Q1 2015
2.2
75.88%
22.55%
1.57%Compared to first quarter 2015
Single family homes sold
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
Down15.5%
Up13.5%$99,000
Wichita Falls
First quarter 2016
562 in Q1 2016 345 in Q1 2016
Up12.0%
862 days less than Q1 2015 Compared to 5.7 in Q1 2015
