October 20, 2023 — Austin
Though the overall median price of homes sold in Texas in the third quarter of 2023 decreased 1.5% compared to the same period one year ago, more Texas metro areas saw median price increases than decreases, 根据 2023-Q3 Quarterly Housing Report released today by Texas REALTORS®. 2023年第三季度, 活动清单, days homes spent on the market, and months of inventory all saw increases from the same period in 2022.
“We are continuing to see the housing market progress toward more balance between buyers and sellers,马库斯·菲普斯说, 2023 Chairman of Texas REALTORS®. “An increase in the supply of homes and the average number of days homes stay on the market means that buyers in many areas may have more choices and a little more time to make decision. 然而, these trends vary by metro and even by neighborhood, so it’s smart to discuss market conditions in your area with your REALTOR®.”
The median sales price of Texas homes in Q3 2023 decreased to $340,$345起，000,000 in the same period last year. Approximately half of the homes sold in the third quarter were in the $200,000 – $399,999价格区间. At the lowest and highest ends of the price distribution, 13% of homes were sold for under $200,000, while 4% sold for at least $1 million.
Texas homes spent an average of 48 days on the market in Q3 2023, 17 days longer than in the same quarter last year. Taking the number of days to close into consideration, on average it took 11 days longer to sell a property in Q3 2023 than in the same quarter last year.
库存月数, or how long it would take to sell the existing number of homes on the market at the current pace of sales, 站在3点.7 months in the third quarter of 2023, which was an increase from 2.7 months in the same period last year. A balanced market is estimated at 6 to 6.5 months of inventory, 根据 Texas Real Estate 研究 Center.
Active listings increased 15.2% in the third quarter of 2023 compared to the same period in 2022.
“The real estate market can change in subtle or significant ways over short periods of time,菲普斯主席说. “It’s our job as REALTORS® to help Texans understand and navigate those changes. We are here to simplify the process and to support buyers and sellers every step of the way to achieve their homeownership goals.”