Real Estate Trends Vary Across Texas Market

Texas Realtors releases Q3 Texas Quarterly Housing Report

Date:

Autor: Funds Society, Miami

The median sales price of Texas homes in Q3 2023 decreased to $340,000 from $345,000 in the same period last year

Approximately half of the homes sold in the third quarter were in the $200,000 - $399,999 price range

Texas homes spent an average of 48 days on the market in Q3 2023, 17 days longer than in the same quarter last year. Taking the number of days to close into consideration, on average it took 11 days longer to sell a property in Q3 2023 than in the same quarter last year