April 2020 was the first full month of the lock down due to the virus so the year over year comparisons are a but skewed.
Home sales rose 22%. The pending sales number was up 55% Average sales price climbed 16% while the median sales price gained 15%. New listings jumped 56%. This was not enough to keep up with the sales so that number of active listings fell 51% taking the months of inventory down to 0.6 months.
There are just too many buyers chasing too few properties!
Average Sales Price: $398,991
Median Sales Price: $375,000
Pending Sales: 135
New Listings: 153
Active Listings: 71
Months of Inventory: 0.6 months
Information provided by The Texas Real Estate Center