Single-Family:

Sales increased by 8% in June. The average sales price rose 13% while the median sales price climbed 10% as compared to last year. Pending sales were up by 11%. We did see a jump of 10% in the number of new listings and a 25% increase in the active listings. While its good to see more inventory coming on line, these increased only took the months of inventory to 2 months.

Sales: 414

Average Sales Price: 400,425

Median Sales Price: $342,000

Pending Sales: 366

New Listings: 522

Active Listings: 593

Months of Inventory: 2

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