12.16.2011

Amarillo Real Estate vs other Texas Cities: November Numbers

How did Amarillo Real Estate stacking up in Texas for November? 



The following are numbers from Texas cities via the Real Estate Center at Texas A&M University


Sales
Change from
Last Year
Median
Price
Change from
Last Year
Months'
Inventory
Abilene
113
down 2%
$129,200
up 47%
5.6
Amarillo
196
up 45%
$128,100
down 2%
5.9
Arlington
272
up 5%
$131,600
up 4%
4.8
Austin
1,481
up 12%
$186,400
up 3%
4.6
Bryan-
College Station
124
up 23%
$156,200
down 2%
8.7
Dallas
3,254
up 16%
$151,100
down 2%
5.3
Fort Worth
574
down 1%
$107,900
no change
5.8
Houston
4,343
up 11%
$153,800
up 2%
6.4
Laredo
55
down 30%
$121,400
down 8%
7.1
Longview-
Marshall
129
down 9%
$139,500
up 14%
9.8
Lubbock
178
up 5%
$123,500
up 4%
7.2
McAllen
137
down 9%
$115,300
up 9%
15.3
Odessa
81
up 69%
$125,000
down 19%
3.5
San Antonio
1,265
down 3%
$145,400
down 5%
7.2
Texarkana
75
up 36%
$92,500
down 10%
9.4
Texas
15,059
up 9%
$147,600
up 1%
6.6




Some interesting numbers to note: 

Amarillo was up 36% in in sales in November vs Texas as a whole however our sales prices are reflecting a 2% drop in value. To put that is simple perspective: 
a $200,000 house in November 2010 was worth $196,000 in November of 2012 

For more information about the Amarillo real estate market or for a consultation to buy or sell a home please feel free to contact me. 

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