You have to really start appreciating the Texas Real Estate market when Texas has four of the top twenty real estate markets. A recent article in BusinessWeek listed the best housing markets and in it, Austin-Round Rock, Beaumont-Port Aurthur, San Antonio and El Paso all made the list. Of course that is just telling most of us what we already knew. Below are the stats for those Texas markets.
Austin-Round Rock
Median home price: $188,200
One-year change: 9.67%
Five-year change: 28.82%Beaumont-Port Arthur
Median home price: $129,100
One-year change: 9.44%
Five-year change: 33.27%San Antonio
Median home price: $154,700
One-year change: 8.41%
Five-year change: 39.39%El Paso
Median home price: $135,800
One-year change: 7.94%
Five-year change: 54.54%*The price appreciation data was provided by the Office of Federal Housing Enterprise Oversight. Unless otherwise noted, third-quarter 2007 median home prices were supplied by the National Association of Realtors.
This entry was posted on Tuesday, December 11th, 2007 at 10:49 am and is filed under Home Buyer, Housing Market, Real Estate, Relocation. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.