Single-Family:

Sales were flat in June as compared to last year. The average sales price increased 14% as did the median sales price. Pending sales experienced a 23% decline. not sure why this occurred. The number of new listings fell 18% and the active listings dropped 18%. The months of inventory declined to 1.4 months.

Sales: 299

Average Sales Price: $308,114

Median Sales Price: $277,000

Pending Sales: 214

New Listings: 303

Active Listings: 318

Months of Inventory: 1.4

Leases:

Leases declined by 14%. The average rent rose 9% and the median rent was up by 6%. Pending leases jumped 103%. The number of new listings dropped by 3% and the active listings fell by 23%. The months of inventory declined to 0.9 months.

Leases: 114

Average Rent: 1,812

Median Rent: $1,700

Pending Leases: 69

New Listings: 138

Active Listings: 77

Months of Inventory: 0.9

Information provided by The Real Estate Center at Texas A&M.