Texas Quarterly Housing Report
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1 Housing Report Covering 2017-Q1 Release date: May 2, 2017 Contact: Danielle Urban Pierpont Communications About the Texas Quarterly Housing Report Data for the Texas Quarterly Housing Report is provided by the Data Relevance Project, a partnership among local REALTOR associations and their MLSs, the Real Estate Center at Texas A&M University, and the Texas Association of REALTORS. The report provides quarterly real estate sales data for Texas and 25 metropolitan statistical areas in Texas. The Texas Real Estate Year-in-Review Report in February and the Texas Real Estate Mid-Year Report in August are released in lieu of the Q2 and Q4 reports each year. About the Texas Association of REALTORS With more than 100,000 members, the Texas Association of REALTORS is a professional membership organization that represents all aspects of real estate in Texas. We advocate on behalf of Texas REALTORS and private-property owners to keep homeownership affordable, protect private-property rights, and promote public policies that benefit homeowners. Visit TexasRealEstate.com to learn more.
2 9.4 $213,325 Statewide $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, ,399 in 2017 Q ,420 in 2017 Q1 Days on market 64 Days to close 35 Total 99 3 days less than 2016 Q1 3.6 Compared to 3.5 in 2016 Q1
3 1.4 $150,000 Abilene MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, in 2017 Q1 487 in 2017 Q1 Days on market 67 Days to close 38 Total days more than 2016 Q1 3.5 Compared to 3.8 in 2016 Q1
4 3.3 $155,000 Amarillo MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, Down 7.5 1,042 in 2017 Q1 665 in 2017 Q1 Days on market 54 Days to close 35 Total days less than 2016 Q1 3.8 Compared to 3.2 in 2016 Q1
5 6.3 $285,000 Austin-Round Rock MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, ,795 in 2017 Q1 6,711 in 2017 Q1 Days on market 60 Days to close 36 Total 96 2 days less than 2016 Q1 2.5 Compared to 2.2 in 2016 Q1
6 4.2 $137,500 Beaumont-Port Arthur MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, Down10.7 Down ,118 in 2017 Q1 666 in 2017 Q1 Days on market 88 Days to close 16 Total days less than 2016 Q1 4.1 Compared to 4.4 in 2016 Q1
7 3.4 $122,000 Brownsville-Harlingen MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, Down1.7 1,848 in 2017 Q in 2017 Q1 Days on market 133 Days to close 31 Total days more than 2016 Q Compared to 10.4 in 2016 Q1
8 5.6 $206,000 College Station-Bryan MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, in 2017 Q1 744 in 2017 Q1 Days on market 55 Days to close 36 Total 91 7 days more than 2016 Q1 3.2 Compared to 2.6 in 2016 Q1
9 6.1 $187,750 Corpus Christi MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, ,069 in 2017 Q1 Down 4 1,163 in 2017 Q1 Days on market 90 Days to close 37 Total days less than 2016 Q1 6.8 Compared to 5.6 in 2016 Q1
10 13.3 $243,500 Dallas-Fort Worth-Arlington MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, ,907 in 2017 Q1 20,544 in 2017 Q1 Days on market 43 Days to close 34 Total 77 6 days less than 2016 Q1 2.2 Compared to 2.1 in 2016 Q1
11 5.7 $145,000 El Paso MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, Down1.8 3,421 in 2017 Q ,618 in 2017 Q1 Days on market 106 Days to close 37 Total days less than 2016 Q1 5.6 Compared to 6.1 in 2016 Q1
12 Houston-The Woodlands-Sugar Land MSA 5.8 $220,000 $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, ,581 in 2017 Q1 17,038 in 2017 Q1 Days on market 63 Days to close 35 Total 98 1 days less than 2016 Q1 3.8 Compared to 3.5 in 2016 Q Houston Realtors Information Service, Inc. - Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Realtors Information Service, Inc.
13 5.1 $145,000 Killeen-Temple MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, Down2.1 2,129 in 2017 Q ,498 in 2017 Q1 Days on market 75 Days to close 39 Total days less than 2016 Q1 3.6 Compared to 4.2 in 2016 Q1
14 Laredo MSA $149,500 Down6.9 $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, Down in 2017 Q1 251 in 2017 Q1 Days on market 72 Days to close 40 Total days more than 2016 Q1 5.5 Compared to 5.4 in 2016 Q1
15 8.7 $149,500 Longview MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, Down 9.4 1,516 in 2017 Q1 336 in 2017 Q1 Days on market 109 Days to close 35 Total days less than 2016 Q Compared to 8.1 in 2016 Q1
16 0.7 $144,000 Lubbock MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, Down in 2017 Q in 2017 Q1 Days on market 54 Days to close 33 Total 87 7 days less than 2016 Q1 2.4 Compared to 2.5 in 2016 Q1
17 McAllen-Edinburg-Mission MSA 10.8 $135,000 $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, ,102 in 2017 Q1 660 in 2017 Q1 Days on market 104 Days to close 33 Total days less than 2016 Q1 9.0 Compared to 9.0 in 2016 Q1
18 6.2 $239,000 Midland MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, Down in 2017 Q1 663 in 2017 Q1 Days on market 68 Days to close 38 Total days more than 2016 Q1 2.3 Compared to 3.8 in 2016 Q1
19 1.5 $169,450 Odessa MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, Down in 2017 Q in 2017 Q1 Days on market 76 Days to close 38 Total days more than 2016 Q1 4.6 Compared to 5.0 in 2016 Q1
20 San Angelo MSA $154,000 Down6.7 $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, Down in 2017 Q in 2017 Q1 Days on market 91 Days to close 36 Total days more than 2016 Q1 4.2 Compared to 4.4 in 2016 Q1
21 3.7 $199,000 San Antonio-New Braunfels MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, Down9.5 8,030 in 2017 Q ,611 in 2017 Q1 Days on market 61 Days to close 37 Total 98 9 days less than 2016 Q1 3.0 Compared to 3.6 in 2016 Q1
22 11 $152,000 Sherman-Denison MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, Down in 2017 Q in 2017 Q1 Days on market 63 Days to close 34 Total days less than 2016 Q1 3.4 Compared to 3.8 in 2016 Q1
23 5.9 $133,405 Texarkana MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, Down in 2017 Q1 141 in 2017 Q1 Days on market 104 Days to close 38 Total days less than 2016 Q Compared to 9.7 in 2016 Q1
24 3.4 $175,800 Tyler MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, ,028 in 2017 Q in 2017 Q1 Days on market 101 Days to close 7 Total days less than 2016 Q1 4.5 Compared to 4.2 in 2016 Q1
25 Victoria MSA $159,000 Down0.6 $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, in 2017 Q1 Flat in 2017 Q1 Days on market 124 Days to close 0 Total days more than 2016 Q1 5.5 Compared to 5.3 in 2016 Q1
26 5.8 $159,200 Waco MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, Down in 2017 Q1 533 in 2017 Q1 Days on market 59 Days to close 37 Total days less than 2016 Q1 2.3 Compared to 3.0 in 2016 Q1
27 1.5 $100,000 Wichita Falls MSA $0 - $99, $100,000 - $199, $200,000 - $299, $300,000 - $399, $400,000 - $499, $500,000 - $749, $750,000 - $999, $1,000, in 2017 Q1 358 in 2017 Q1 Days on market 73 Days to close 33 Total days less than 2016 Q1 4.5 Compared to 3.9 in 2016 Q1
% Texas Quarterly. First quarter Statewide $224,500. Up5.7. Down2.9 % Days on market 66 Days to close 33 Total 99. Price Distribution
5.7 $224,500 Statewide $0 - $99,999 9.3 $100,000 - $199,999 32.0 $200,000 - $299,999 29.7 $300,000 - $399,999 14.4 $400,000 - $499,999 6.8 $500,000 - $749,999 5.2 $750,000 - $999,999 1.4 $1,000,000+ 1.3
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