One of the hottest housing markets in the U.S., Texas is one of only 12 states with recorded price increases that exceed the national average, at 7%.
Thanks to a health economy and strong population growth, home sales in Texas are on pace for a record-setting year, rising 7.8 percent in the third quarter. Luxury home sales have been particularly robust. Sales of homes priced at $1 million or more increased 9 percent in Austin, 13 percent in Houston, 15 percent in Dallas and 26 percent in San Antonio.
For information on the local real estate market, or if you're considering buying or selling a home, contact your Hill Country experts at Coffman Real Estate!