Texas is officially in a seller's market!
The Texas housing market posted a 14% increase in sales volume with roughly 6% increases in both median and average sales price, according to the 2012-Q3 edition of the Texas Quarterly Housing Report. Here are some highlights from the report:
Median sales prices for properties was up 6.46% more than the third quarter of 2011.
Average sales price had a similar increase, up 5.74% from the same quarter last year.
Houston's most popular and desirable neighborhoods are seeing properties sell quickly, many tmes with multiple offers. It's important to have an expert agent to help navigate this exciting market!
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