A total of 23,847 existing homes were sold in Texas in June, a 15.9 percent decline from June 2007, according to MLS data compiled by the Real Estate Center at Texas A&M University. The median price rose 0.6 percent to $155,900 during the same period, and the state finished the month with a 6.8-month inventory on existing homes.
Here is how select Texas cities fared in June:
Amarillo
- 296 homes sold (14.9 percent decrease over previous year)
- Median price of $122,600 (4.2 percent increase)
- 5.7-month inventory
Austin
- 2,410 homes sold (21.9 percent decrease)
- Median price of $196,900 (3.1 percent increase)
- 6.1-month inventory
Beaumont
- 215 homes sold (6.9 percent decrease)
- Median price of $127,700 (3 percent decrease)
- 7.7-month inventory
Bryan–College Station
- 308 homes sold (7.2 percent decrease)
- Median price of $144,400 (2.8 percent increase)
- 5.7-month inventory
Corpus Christi
- 393 homes sold (9.2 percent decrease)
- Median price of $143,500 (0.2 percent increase)
- Inventory not available
Dallas
- 4,819 homes sold (20.0 percent decrease)
- Median price of $168,700 (1.3 percent decrease)
- 6.9-month inventory
El Paso
- 487 homes sold (19.8 percent decrease)
- Median price of $142,800 (2.8 percent increase)
- 12.4-month inventory
Fort Worth
- 921 homes sold (17.7 percent decrease)
- Median price of $119,800 (0.5 percent increase)
- 6.1-month inventory
Galveston
- 133 homes sold (no change)
- Median price of $205,000 (17.5 percent increase)
- 18.7-month inventory
Houston
- 6,811 homes sold (14.3 percent decrease)
- Median price of $161,300 (1.5 percent increase)
- 6.9-month inventory
Laredo
- 78 homes sold (28.4 percent decrease)
- Median price of $124,000 (13 percent decrease)
- 9.5-month inventory
Lubbock
- 376 homes sold (0.8 percent increase)
- Median price of $107,100 (0.1 percent decrease)
- 5.6-month inventory
San Antonio
- 2,127 homes sold (12.9 percent decrease)
- Median price of $158,600 (0.9 percent increase)
- 7.6-month inventory
Texarkana
- 97 homes sold (1 percent increase)
- Median price of $101,000 (6 percent decrease)
- 8.4-month inventory
Victoria
- 97 homes sold (12.8 percent increase)
- Median price of $146,200 (17 percent increase)
- 6.1-month inventory
Waco
- 226 homes sold (4.6 percent decrease)
- Median price of $116,800 (4.6 percent decrease)
- 9.1-month inventory
