An inside look at the residential real estate market in Southeast Texas including: the hottest neighborhoods, proven home selling strategies, home buying and negotiating tactics, median prices by neighborhood, average days homes are on the market, and professional advice on how to get the best deal when buying or selling a home.

Buying a home a safer bet than buying gold (INFOGRAPHIC)
Southeast Texas Single Family Home Sales Slow in September

August Home Sales Up Across Texas, Down in Beaumont

The Real Estate Center at Texas A&M tracks home sales across the state of Texas.  Here's a graph they just released that shows sales activity by market area.

RECenter Chart 

Sales of single family homes were up 24% according to the data from the Real Estate Center.  Good news for Texas.  Not so good news for Beaumont. 

Three markets across Texas that had fewer sales in August 2011 than they did in August 2010 were:

  1. Beaumont - down 8%
  2. Port Arthur - down 5%
  3. South Padre Island - down 7%

Beaumont also has one of the highest months supply of inventory which is also another sign that the sales are not what they should be.  One interesting note, the median price is 6% from the same time last year. 

What's it going to take to get the Southeast Texas housing market back on track?  Share your thoughts here on the blog.  Let us know what you think.

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CSCS Card

It is good and interesting information about home sales. So Texas is good place to buy home.

Seattle pr agenices

It is my honor and privileged to found and read your post. It made me learn a lot of different ideas. Keep up the good work.

property in the usa for sale

yes! it's interesting post about home sales this is good and for everyone, texas is good place.

Henry garcia

stronger your pr is... greater will be the number of sales ! nice read this was btw ! :) ...thank you !

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