Texas Housing Trend

In Corpus Christi, the buyer to sellers ratio is pretty even. A home may stay on the market for three or four months, the average selling price is around $169,000 (which is up 5% to 10% from last year). Single families are looking to move there because there is a stable economy and a good supply of homes available. In Southwest Austin homes are selling a little quicker, in about one to two months time. The average selling price is $225,000 which is up about 5% from last year. Single families are moving there because there is a lot of job growth in that area. In Alamo Heights it is a seller’s market, where everything is going in days, not months. Homes are a little cheaper at around $150,000 (up 5% from last year) and single families are moving there because the economy is booming at this time.