Buyers continue to buy and no inventory pushes prices higher.
sales were only down 14% but pending sales took a 15% hit. The average sales price increased 16%. Pending sales jumped 18%. New listings were no help to the low inventory situation off by 15%. The number of active listings declined 12% taking the months of inventory down to 0.5 months.
Average Sales Price: $310,668
Median Sales Price: $289,000
Pending Sales: 138
New Listings: 142
Active Listings: 91
Months of Inventory: 0.5 months
Information provided by The Texas Real Estate Center
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