Here are a few details:
- 66,664 single-family homes were sold in Texas during the fourth quarter of 2014 - an 8.46% increase from the same time in 2013
- Median sales price for Texas homes increased 7.76% from 2013 4th quarter
- Average sales price increased 6.99%
- Statewide housing inventory hit an all-time low of 3.3 months (6.5 months of inventory are considered to be balanced between supply & demand)
This report uses data from multiple listing services in markets throughout Texas.
Hanne Sagalowsky | firstname.lastname@example.org | 214-210-1530 | International Property Specialist