Connect with us

Texas

Texas Home Sales Remain Steady in the First Quarter of 2024

Published

on

Texas Home Sales Remain Steady in the First Quarter of 2024


Texas Realtors Q1-2024 Texas Quarterly Housing report also showed an increase of homes on the market.

AUSTIN, Texas, April 24, 2024 /PRNewswire/ — The number of Texas homes sold in the first quarter of 2024 was nearly identical to the total in the first quarter a year ago, according to the Texas Quarterly Housing Report released today by Texas Realtors. The supply of homes on the market increased, while the statewide median price of $330,950 was 1.6% higher than in 2023.

“Market conditions vary by location, and about forty percent of Texas metro areas actually saw an increase in sales compared to the first quarter last year,” said Jef Conn, chairman of Texas Realtors. “However, the number of homes listed went up nearly across the state. This will give many buyers more options than they had in the past several years.”

Median Prices Mostly on The Rise in Q1-2024

  • Median price went up in 19 metros and down in 6.
  • No metro had a median price decrease of more than 2.3% compared to a year ago.
  • The biggest increase in median prices were in Odessa (11.2%), Midland (9.5%), and Texarkana (8.5%).

More Listings Went on the Market, Driving Months of Inventory Higher
Months of inventory, a statistic that measures how long it would take to sell the homes currently on the market at the current pace of sales, increased from 2.7 months at the end of the first quarter last year to 3.8 months at the end of the first quarter this year. While a few metros had inventory numbers economists consider a balanced market (6 to 6.5 months of inventory), most areas of Texas still recorded inventory levels below that number, indicating that an adequate supply of housing continues to be a concern.

Active listings increased 33.7% at the end of the first quarter compared to the end of the first quarter in 2023.

Advertisement

Homes spent two fewer days on the market statewide compared to the same period last year. Days on market went up in 16 metros and declined in 9.

“Realtors are working with buyers and hearing from lots of others who are considering buying,” said Conn. “During the pandemic, buyers often were rushed, trying to compete with many other offers. Now, most buyers have a little more time to vet properties and make an offer. While interest rates have remained stubborn, there are good opportunities for buyers. For sellers, prices have held up compared to a year ago, signaling good opportunities to sell. No matter which side of a home sale you’re on, it’s smart to work with a Texas Realtor who can provide information and guidance.”

About the Texas Real Estate Year in Review Report

Data for the Texas Quarterly Housing Report is provided by the Data Relevance Project, a partnership among local Realtor associations and their MLSs, and Texas REALTORS®, with analysis by the Texas Real Estate Research Center. The report provides quarterly real estate sales data from a statewide perspective and for 25 metropolitan statistical areas in Texas. To view the report in its entirety, visit texasrealestate.com.

About Texas REALTORS®

Advertisement

With more than 150,000 members, Texas REALTORS® is a professional membership organization that represents all aspects of real estate in Texas. We are the advocate for REALTORS® and private property rights in Texas.

CONTACT: David Gibbs, [email protected]

SOURCE Texas Realtors



Source link

Advertisement
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Texas

3 things to watch as Texas, Texas Tech begin Women's College World Series Final

Published

on

3 things to watch as Texas, Texas Tech begin Women's College World Series Final


It’s a rematch between Lone Star State powers in the 2026 Women’s College World Series Final.
No. 1 seed Texas (51-12, 16-8 in SEC play) and No. 3 seed Texas Tech (61-8, 21-3 in the Big 12) begin their three-game series at 8 p.m. ET Wednesday in Oklahoma City. Each



Source link

Continue Reading

Texas

Brazoria County deputy shoots, kills Texas State University student after car chase, report says

Published

on

Brazoria County deputy shoots, kills Texas State University student after car chase, report says


BRAZORIA COUNTY, Texas – A Texas State University student was shot and killed by a Brazoria County Sheriff’s deputy early Monday morning after an attempted traffic stop in Lake Jackson.

The news was first reported by The University Star, Texas State’s student-run newspaper.

In a Tuesday statement to KSAT, the university identified the student as John Gabriel Mendoza Jr., 18. He was a freshman who studied management, according to the school.

“We extend our heartfelt condolences to his family, friends, classmates, and all those affected by this tragedy,” the university said in its statement.

Advertisement

Deputies attempted a traffic stop on a vehicle just after midnight Monday near Farm-to-Market 2004 and This Way Street in Lake Jackson, the sheriff’s office said.

The driver of the vehicle, who was identified as Mendoza by The University Star, did not stop, deputies said. The deputies then chased after the vehicle for approximately a mile into a neighborhood located in the 100 block of Indian Warrior Trail.

According to the sheriff’s office, the driver went inside a home’s garage and parked before a deputy approached the vehicle, the release said.

The deputy then pulled out his firearm and shot into the vehicle. The sheriff’s office said the gunfire struck the driver.

The University Star reported that Mendoza was the one shot. He was taken to a hospital, where he was later pronounced dead.

Advertisement

The deputy who pulled the trigger has since been placed on administrative leave in accordance with the Brazoria County Sheriff’s Office policy.

KSAT reached out to the Lake Jackson Police Department and the Brazoria County Sheriff’s Office for more information, but neither agency has responded at this time.

The shooting investigation is being led by the Texas Rangers, according to a Brazoria County Sheriff’s Office news release.

This is a developing story. Check back for updates.


Read also:

Advertisement

Copyright 2026 by KSAT – All rights reserved.



Source link

Continue Reading

Texas

Women’s College World Series championship series set: Texas to rematch Texas Tech

Published

on

Women’s College World Series championship series set: Texas to rematch Texas Tech


OKLAHOMA CITY — Texas and Texas Tech will meet in the championship series of the Women’s College World Series in back-to-back years after both teams won semifinal matchups on a scorcher of a day at Devon Park that saw the maximum four games with two “if necessary” showdowns.

Texas has won six elimination games in the NCAA Tournament so far, including two on Monday, to reach its fourth championship series in five years and its third straight. The Longhorns and Red Raiders became the 11th and 12th teams in WCWS history to lose their opener and then reach the finals. This is the first matchup of teams to do that since 2021, when FSU and Oklahoma accomplished the feat.

The Red Raiders return to the championship series after knocking out No. 1 overall seed Alabama, marking their second consecutive appearance in the finals. Kaitlyn Terry and NiJaree Canady worked in tandem in the circle in Game 1 to keep the bats of Alabama’s potent offense relatively quiet, but Canady took it to another level in Game 2, throwing a complete-game shutout. She now has a shutout in each of her four appearances in the WCWS.

“I’m just excited to be able to make it to the championship series again,” Canady said on facing Texas in back-to-back championships. “It’s just a blessing to play them again. It’s good for the state of Texas, showing how good softball is in the state, and I feel like we’re going to get a good turnout.”

Advertisement

“Just so proud of my girls,” Texas Tech coach Gerry Glasco said. “They really bought in in the last — I feel like the last 30 days that we just have come together and became a whole different team, and they’re just playing for each other so well now.”

As per usual for the Red Raiders’ stacked lineup, it was a runs-by-committee kind of day, with RBIs from five players: Lauren Allred, Terry, Jasmyn Burns, Taylor Pannell — who both homered — and Mia Williams, whose walk-off in Game 1 kept the Red Raiders’ chances alive. Burns was the sole provider of the offense in Game 2 with a solo home run, her second in as many days. That was all Texas Tech needed to shut out the Tide, though another run scored on an error in the top of the seventh allowed Mihyia Davis to add some insurance.

Alabama’s Jocelyn Briski had been dominant the entire WCWS up until Monday’s first matchup, where she just couldn’t seem to find the zone. She had more control in Game 2, but the Tide’s offense couldn’t figure out Canady despite seeing her in the first game.

NiJaree Canady blanked the Crimson Tide in Game 2 for her fourth WCWS shutout. (Nathan J. Fish / USA Today Network via Imagn Images)

“The key today was one inning at a time,” Glasco said. “Play one inning at a time. Even break it down one pitch and go through. Don’t think about 14. Think get the next out, get to the next out, get to the next inning.

Advertisement

“We know that against a great team like Alabama, there’s going to be moments — I told her (Canady) before, you’re going to lose momentum at some point. You’re going to face adversity, and when you do, we’re going to respond really quickly and get it right back in our dugout.

“That adversity happened at the top of the seventh. Just like Oklahoma last year, we lost the lead. Let’s win it in the bottom here. Let’s not mess around and go eight. Let’s get it right now. It took one batter. They’re just really a resilient bunch of young women.”

The Longhorns likewise won both of the necessary games to advance and keep their hopes for a repeat title alive. Teagan Kavan struck out 10 batters — a new career high in OKC — and allowed just two hits in a complete-game shutout, the fifth of her career on this stage, to surpass Texas legend and Olympian Cat Osterman. Tennessee, which defeated Texas on Thursday to open up play at Devon Park, needed just one win to advance, but its offense was shut down by Kavan and Game 1 starter Citlaly Gutierrez, who took a no-hitter into the fourth inning.

Tennessee, undefeated in the NCAA Tournament until this point, had hit a home run in every contest but couldn’t find a rhythm in either game. For Texas, Katie Stewart led the way at the plate, launching her second and third home runs in 24 hours despite an uncharacteristic three errors in the field. Her second home run of the day was her 30th of the season, a Texas program record that also made her the fourth player in Division I this season to surpass the 30-homer mark.

Katie Stewart celebrates a home run as she rounds the bases.

Katie Stewart hit a solo home run in the fifth inning of Game 1 against Tennessee to help Texas advance to the championship series. (Brett Rojo / Imagn Images)

Advertisement

“It’s what coach (Mike) White has put in us all season, just fighting back from losses,” senior catcher Reese Atwood said. “When we came out of the loser’s bracket after the first game, we fought so hard. We’ve had so many key players step up in different places, different roles, and it’s Texas fight. It’s what we do, and we’re going to continue to do going into the championship.”

Texas and Texas Tech have not faced each other so far in 2026, but the Longhorns have historically owned the in-state rivalry with a 58-12 record against the Red Raiders.

Last season, Texas Tech made program history with its first WCWS ticket punched, then came within one game of taking home its first title in a three-game battle against Texas. In the 2025 tournament, Texas and Texas Tech went through the winner’s bracket before facing each other; the first two games of the championship were pitchers’ duels until Texas’ offense exploded in Game 3 to take home the program’s first championship.

Notably, the college careers of Tennessee ace Karlyn Pickens and Alabama seniors Alexis Pupillo and Marlie Giles came to an end. Pickens has made an indelible mark on the sport and leaves behind the record for the fastest pitch recorded in college softball at 79.4 mph. After being drafted No. 1 in the AUSL Draft, Pickens will play professionally with the Carolina Blaze.



Source link

Advertisement
Continue Reading
Advertisement

Trending