This is for the area south of LBJ and north of Northwest Hwy and includes all types of properties ( single family, condos, townhomes, land).
We've had 859 closed sales in the past 12 months. That is the highest number in the past 4 years. The most popular price range in the past 12 months is $250k - $500k.
We currently have a 7.9 month supply of homes for sale. That is the lowest inventory in the past 4 years. The inventory for homes over $1 million is a 11.5 month supply. While that number is higher than lower priced homes, it always is and remains the lowest inventory in the past 4 years in this price range.
Homes Available for Sale:
Here is a break down of the number of properties available for sale by price range:
below $265,000: 117 properties
$265,000 - $500,000: 130 properties
$500,000 - $950,000: 122 properties
$1 million + : 150 properties
The median sales price for single family homes was $519,000 in August. That is down slightly from $524,000 in July and up a little from $513,250 in June.