In the first quarter, the statewide median home price in Texas reached $330,950, showing a 1.6% increase from the same period in the previous year. Despite this rise in prices, Q1 Texas home sales remained stagnant, with no significant growth, attributed to a spike in active listings. Notable points from the article include:
– Q1 statewide median price of $330,950 was up 1.6% compared to 2023
– Texas home sales did not see significant growth in Q1, remaining flat
– Spike in active listings impacted Q1 home sales trends
For more detailed information, you can access the full article on Weekly Real Estate News.
You can read this full article at: https://wrenews.com/q1-texas-home-sales-were-flat-despite-spike-in-active-listings/
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.