{"id":93731,"date":"2021-04-27T11:00:00","date_gmt":"2021-04-22T15:00:00","guid":{"rendered":"https:\/\/hispanicprwire.com\/english-median-texas-home-price-up-13-4-during-first-quarter-of-2021\/"},"modified":"2021-04-28T01:50:52","modified_gmt":"2021-04-28T05:50:52","slug":"el-precio-medio-de-casas-en-texas-aumenta-13-4-durante-el-primer-trimestre-de-2021","status":"publish","type":"post","link":"https:\/\/hispanicprwire.com\/en\/el-precio-medio-de-casas-en-texas-aumenta-13-4-durante-el-primer-trimestre-de-2021\/","title":{"rendered":"Median Texas home price up 13.4% during first quarter of 2021"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">AUSTIN, Texas<\/span>, <span class=\"xn-chron\">April 22, 2021<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212;\u00a0The median sales price of homes in <span class=\"xn-location\">Texas<\/span> reached <span class=\"xn-money\">$274,300<\/span> in the first quarter this year, an increase of 13.4% over the same period last year, according to the 2021-Q1 <i>Texas Quarterly Housing Report<\/i> released today by Texas Realtors. <\/p>\n<div id=\"prni_dvprnejpgc2e9left\" style=\"WIDTH: 100%; TEXT-ALIGN: left\" dir=\"ltr\"><img decoding=\"async\" id=\"prnejpgc2e9left\" title=\"Texas Association of Realtors logo.\" border=\"0\" alt=\"Texas Association of Realtors logo.\" align=\"middle\" imagelabel=\"General\" src=\"https:\/\/mma.prnewswire.com\/media\/1317682\/Texas_Realtors_Logo.jpg\"\/><\/div>\n<p>&#8220;The demand for housing in <span class=\"xn-location\">Texas<\/span> remained strong despite the winter storm in February and the pandemic,&#8221; said <span class=\"xn-person\">Marvin Jolly<\/span>, chairman of Texas Realtors. &#8220;With a low supply of homes for sale, though, prices in most areas have gone up significantly, and competition among buyers has increased as well.&#8221; <\/p>\n<p>During the first quarter of this year, 84,464 homes were sold in <span class=\"xn-location\">Texas<\/span>, jumping 10.1% compared to the first quarter of 2020. One-third of homes sold were in the <span class=\"xn-money\">$200,000<\/span>&#8211;<span class=\"xn-money\">$299,000<\/span> price range, the largest percentage of any price range.<\/p>\n<p><span class=\"xn-person\">Luis Torres<\/span>, Ph.D., research economist with the Texas Real Estate Research Center at <span class=\"xn-org\">Texas A&amp;M University<\/span>, commented, &#8220;Depleted inventory is the greatest challenge to <span class=\"xn-location\">Texas&#8217;<\/span> housing market, pushing up prices at elevated rates as demand remains strong, making it one of the most competitive housing markets for homebuyers since the 2006-07 housing boom. Rising mortgage rates in 2021 combined with recent rapid price growth will slow demand and, consequently, price growth to more sustainable levels.&#8221;<\/p>\n<p>Active listings declined 53% from last year and stood at 43,542 homes for sale at the end of the first quarter of 2021. Homes spent an average of 47 days on the market before going under contract, which is 20 days less than the first quarter of 2020. The average total time from hitting the market until the sale closed was 87 days, down 13 days from the previous year. Housing supply in <span class=\"xn-location\">Texas<\/span> decreased from 3 months in the first quarter of 2020 to 1.3 months of inventory in the first quarter this year.<\/p>\n<p>Chairman Jolly concluded, &#8220;Many homes are attracting multiple offers and selling for thousands above asking price. Price plays a key role in winning offers, of course, but other considerations can come into play as well. Realtors have been helping their buyers and sellers sort through their options to help them achieve their real estate goals during a market that presents some unique challenges.&#8221; <\/p>\n<p><b>About the Texas Quarterly Housing Report<br \/><\/b>Data for the Texas Quarterly Housing Report is provided by the Data Relevance Project, a partnership among local\u00a0REALTOR\u00ae\u00a0associations and their MLSs,\u00a0and Texas REALTORS\u00ae, with analysis by the Texas Real Estate Research Center at Texas A&amp;M University.\u00a0The report provides quarterly real estate sales data for <span class=\"xn-location\">Texas<\/span> and 25 metropolitan statistical areas in <span class=\"xn-location\">Texas<\/span>. To view the report in its entirety, visit\u00a0texasrealestate.com <\/p>\n<p><b>About Texas REALTORS\u00ae <br \/><\/b>With more than 140,000 members, Texas REALTORS\u00ae is a professional membership organization that represents all aspects of real estate in <span class=\"xn-location\">Texas<\/span>. We are the advocates for REALTORS\u00ae and private property rights in <span class=\"xn-location\">Texas<\/span>. Visit texasrealestate.com to learn more.<\/p>\n<p>Media contact: <span class=\"xn-person\">Morgan Moritz<\/span>, <a target=\"_blank\" href=\"mailto:mmoritz@piercom.com\" rel=\"nofollow\">mmoritz@piercom.com<\/a>\u00a0 <\/p>\n<p>Logo\u00a0&#8211; <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3137339-1&amp;h=1586583259&amp;u=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F1317682%2FTexas_Realtors_Logo.jpg&amp;a=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F1317682%2FTexas_Realtors_Logo.jpg\" rel=\"nofollow\">https:\/\/mma.prnewswire.com\/media\/1317682\/Texas_Realtors_Logo.jpg<\/a> <\/p>\n<p>SOURCE  Texas Realtors<\/p>\n<\/div>\n<p> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">AUSTIN, Texas<\/span>, <span class=\"xn-chron\">April 22, 2021<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212;\u00a0The median sales price of homes in <span class=\"xn-location\">Texas<\/span> reached <span class=\"xn-money\">$274,300<\/span> in the first quarter this year, an increase of 13.4% over the same period last year, according to the 2021-Q1 <i>Texas Quarterly Housing Report<\/i> released today by Texas Realtors. <\/p>\n<div id=\"prni_dvprnejpgc2e9left\" dir=\"ltr\">&lt;img id=&quot;prnejpgc2e9left&quot; title=&quot;Texas Association of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":93732,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-93731","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-negocios-y-finanzas"],"acf":[],"_links":{"self":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/93731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/comments?post=93731"}],"version-history":[{"count":0,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/93731\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media\/93732"}],"wp:attachment":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media?parent=93731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/categories?post=93731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/tags?post=93731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}