Year-End Market Statistics Now Available on MarketViewer
- Mike Barnett
- Jan 15
- 2 min read
The 2024 year-end market statistics are now live on MarketViewer! Members can access, download, and share dashboards and infographics for more than 6,000 geographies across Texas, offering unparalleled insights to support their market expertise.
Statewide highlights from the 2024 Texas Market Statistics:
Median Price Growth: The median home price in Texas rose to $339,000, reflecting a 1.2% year-over-year increase.
Activity Levels:
Closed Sales: A total of 330,218 transactions were completed in 2024, up 0.5% compared to 2023.
Active Listings: Active listings saw a notable increase of 30.8%, reaching 115,806.
Months of Inventory:Months of inventory increased to 4.2 months, an 0.8-year-over-year gain, reflecting a healthier balance between supply and demand.
Transaction Time:
Average Days on Market extended to 60, 5 days more than in 2023.
The overall time to close transactions increased slightly, with Total Days to complete a sale rising to 94 days.
Price Distribution:
The $200,000-$299,000 price range remained the most active, comprising 26.6% of transactions.
The luxury market ($1M+) accounted for 4.1% of sales, indicating steady demand in higher price brackets.
These statistics showcase a resilient Texas real estate market with modest price gains overall and increasing inventory—a positive sign for buyers and sellers alike.
Use MarketViewer to Enhance Member Value
MarketViewer offers a treasure trove of data that members can use to elevate their market expertise. Click here to access this member-exclusive benefit. Encourage members to:
Download Infographics like the one shared here to enhance their presentations or social media posts.
Provide localized insights that showcase their knowledge of market trends.
With MarketViewer’s rich datasets, members are equipped to offer unparalleled service to clients while solidifying their role as trusted real estate advisors.
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