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.
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:
- Beaumont - down 8%
- Port Arthur - down 5%
- 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.
It is good and interesting information about home sales. So Texas is good place to buy home.
Posted by: CSCS Card | October 10, 2011 at 05:08 AM
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Posted by: Seattle pr agenices | December 19, 2011 at 08:46 AM
yes! it's interesting post about home sales this is good and for everyone, texas is good place.
Posted by: property in the usa for sale | January 31, 2012 at 05:15 AM
stronger your pr is... greater will be the number of sales ! nice read this was btw ! :) ...thank you !
Posted by: Henry garcia | March 29, 2012 at 07:03 PM