COLLEGE STATION – The local housing market showed strength in June after falling for the first months of the pandemic.
Listings increased 14.1 percent from June 2019 to 446 listings closed, according to the Bryan-College Station Regional Association of Realtors.
The median home sale price rose 2.5 percent to $226,500.
Homes spent an average of 106 days on the market, nine days longer than last year.
Inventory fell to a record low of 2.7 months. The Real Estate Center considers six to 6.5 months of inventory a balanced market.
Get more College Station-area news on the Real Estate Center’s website:
Source: The Eagle