Texas home sales reach record-breaking numbers in second quarter of 2021 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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AUSTIN, Texas, April 22, 2021 /PRNewswire/ The median sales price of homes in Texas reached $274,300 in the first quarter this year, an increase of 13.4% over the same period last year, according to the 2021-Q1
Texas Quarterly Housing Report released today by Texas Realtors. The demand for housing in Texas remained strong despite the winter storm in February and the pandemic, said Marvin Jolly, chairman of Texas Realtors. With a low supply of homes for sale, though, prices in most areas have gone up significantly, and competition among buyers has increased as well.
During the first quarter of this year, 84,464 homes were sold in Texas, jumping 10.1% compared to the first quarter of 2020. One-third of homes sold were in the $200,000-$299,000 price range, the largest percentage of any price range.