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Texas Home Sales Remain Steady in the First Quarter of 2024

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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.

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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®

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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



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Neighbors rally after North Texas hostage apologizes for 24-hour standoff

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Neighbors rally after North Texas hostage apologizes for 24-hour standoff


A North Texas woman is apologizing to her neighborhood after being held hostage for more than 24 hours during a standoff that shut down a Providence Village subdivision and disrupted school bus service.

CBS News Texas obtained a post from the woman, who wrote, “I am so sorry, everyone, all of you have such wonderful families, and I’m sorry to bring this monster to us.”

Neighbors responded with support, telling her, “We are here for you,” and “Don’t be sorry, we were just so worried for you.”

Suspect faces multiple felony charges

Authorities said the woman was rescued by the FBI and SWAT after allegedly being held by 57‑year‑old Michael Miller. He faces charges of aggravated assault with a deadly weapon, unlawful restraint, aggravated kidnapping, burglary of a habitation, and violation of bond/protective order.

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Miller received bonds on all charges except aggravated kidnapping and aggravated assault with a deadly weapon. His total bond on the remaining charges is $4.5 million.

Neighbors sheltered in place for more than a day

Residents of the Foree Ranch subdivision are now trying to return to normal, but many say the experience is still lingering.

Preston Turner said he walked into the situation unexpectedly.

“I went to leave my house roughly on Monday morning, around 1 a.m., to go help a friend out that was in need,” Turner said. “I opened my garage, and I was approached by two SWAT members, and they were telling me to hurry up and close my garage and that we could not leave the house.”

Turner, his wife and children spent the next 24-plus hours hosting neighbors who lived across the street from the victim’s home. He streamed the standoff live on TikTok until authorities asked him to stop for safety reasons.

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“And once I got the stream going, her family was on the stream, and they were asking me to continue because they wanted to know what was going on. So, very concerned about her,” he said.

Turner said he could see when Miller was arrested and placed into an SUV before being taken to jail.

Families describe fear and uncertainty

Up the block, Ruby Condensa and her family sheltered in place as the hours dragged on.

“It went on for so long. Um, at one point, I honestly did not know what was going to happen after we hit the 20-hour mark and I woke up, and I heard them,” Condensa said.

Her nearly two‑year‑old son Kai is used to playing outside, and she believes the uncertainty added to his anxiety.

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“Kai, he’s a baby. He doesn’t know, but I think that obviously it was a lot just being inside. And I know my anxious energy might’ve been a little on him because it was a scary situation. Um, if it was that scary for me, I can’t even imagine what her and her family went through.”

Community gives victim space, offers support

Neighbors chose not to visit the victim’s home on Wednesday, saying they wanted to give her space after the traumatic event. But they made clear they are ready to help.

“It’s really sad, and I feel for her, and I hope that she can heal from that,” Condensa said. “And I know that, um, our neighborhood has really rallied around her, and if she needs anything. I know a lot of us would be there to help her in whatever way she needs.”



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Florida truck driver charged with intoxication manslaughter in fatal West Texas crash

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Florida truck driver charged with intoxication manslaughter in fatal West Texas crash


A Florida truck driver has been charged with intoxication manslaughter after a crash at a rural intersection left a South Texas man dead, authorities said.

Miguel Angel Casanova, 68, of Saint Cloud, Florida, suffered minor injuries in the crash and was wearing a seatbelt, according to investigators. After receiving treatment at Hendrick North Emergency Care, he was arrested on the charge.

RELATED| Abilene man charged with Intoxicated Manslaughter

Authorities identified the victim as Adam Lee Reyna, 26, of Mission, Texas. Reyna, who was driving a 2019 Dodge Ram pickup, died at the scene and was pronounced dead by Justice of the Peace Mike McAuliffe. His seatbelt use was not immediately known.

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According to a preliminary investigation, Casanova was traveling westbound on County Road 54 and approached a stop sign at the intersection with State Highway 351. Reyna was traveling northbound on the highway toward the same intersection.

RELATED| Christoval man indicted for Intoxication Manslaughter

Investigators said Casanova failed to yield at the stop sign, and the vehicles collided.

The impact caused Reyna’s pickup to catch fire, and it was destroyed, authorities said.

RELATED| Abilene man indicted for intoxication manslaughter

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Further investigation determined Casanova was intoxicated due to an overdose of medication at the time of the crash.

The investigation remains ongoing.



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Texas can require public schools to display Ten Commandments in classrooms, court rules

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Texas can require public schools to display Ten Commandments in classrooms, court rules


FILE – A copy of the Ten Commandments is posted along with other historical documents in a hallway of the Georgia Capitol, Thursday, June 20, 2024, in Atlanta. (AP Photo/John Bazemore, File)

DALLAS — Texas can require the Ten Commandments to be displayed in public schools, a U.S. appeals court ruled Tuesday in a victory for conservatives who have long sought to incorporate more religion into classrooms.

The 9-8 decision by the 5th U.S. Circuit Court of Appeals delivered a boost to backers of similar laws in Arkansas and Louisiana. Opponents have argued that hanging the Ten Commandments in classrooms proselytizes to students and amounts to religious indoctrination by the government.

In a lengthy majority opinion, the conservative-leaning appeals court in New Orleans rejected those arguments in Texas, saying the requirement does not step on the rights of parents or students.

“No child is made to recite the Commandments, believe them, or affirm their divine origin,” the ruling says.

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The American Civil Liberties Union and other groups that challenged the Texas law on behalf of parents said in a statement that they anticipate appealing the ruling to the U.S. Supreme Court.

“The First Amendment safeguards the separation of church and state, and the freedom of families to choose how, when and if to provide their children with religious instruction. This decision tramples those rights,” they said in the statement.

The mandate is one of several fronts in Texas that opponents have fought over religion in classrooms. In 2024, the state approved optional Bible-infused curriculum for elementary schools, and a proposal set for a vote in June would add Bible stories to required reading lists in Texas classrooms.

The decision over the Ten Commandments law reverses a lower federal court ruling that had blocked about a dozen Texas school districts — including some of the state’s largest — from putting up the posters. The Texas law signed by Republican Gov. Greg Abbott took effect in September, marking the largest attempt in the nation to hang the Ten Commandments in public schools.

From the start, the law was met almost immediately by a mix of embrace and hesitation in Texas classrooms that educate the state’s 5.5 million public school students.

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The mandate animated school board meetings, spun up guidance about what to say when students ask questions, and led to boxes of donated posters being dropped on the doorsteps of campuses statewide. Although the law only requires schools to hang the posters if donated, one suburban Dallas school district spent nearly $1,800 to print roughly 5,000 posters.

Texas Attorney General Ken Paxton, a Republican, called the ruling “a major victory for Texas and our moral values.”

“The Ten Commandments have had a profound impact on our nation, and it’s important that students learn from them every single day,” he said.

Tuesday’s ruling comes after the appeals court heard arguments in January in the Texas case and a similar case in Louisiana. In February, the court cleared the way for Louisiana to enforce its law requiring the display of the Ten Commandments in classrooms.

Republican Louisiana Attorney General Liz Murrill said the Texas ruling “adopted our entire legal defense” of the law in her state. In Alabama, Republican Gov. Kay Ivey also signed a similar law earlier this month.

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“Our law clearly was always constitutional, and I am grateful that the Fifth Circuit has now definitively agreed with us,” Murrill said in a statement posted to social media.

Judge Stephen A. Higginson, in a dissenting opinion joined by four others on the court, wrote that the framers of the Constitution “intended disestablishment of religion, above all to prevent large religious sects from using political power to impose their religion on others.”

“Yet Texas, like Louisiana, seeks to do just that, legislating that specific, politically chosen scripture be installed in every public-school classroom,” Higginson wrote.

The law says schools must put donated posters “in a conspicuous place” and requires the writing to be a size and typeface that is visible from anywhere in a classroom to a person with “average vision.” The displays must also be 16 inches wide and 20 inches tall.

Texas’ law easily passed the GOP-controlled Legislature and Republicans, including President Donald Trump, have backed posting the Ten Commandments in classrooms.

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Associated Press writer Audrey McAvoy contributed to this report from Honolulu, Hawaii.





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