Texas Real Estate data from the first half of 2008 has just been released by The Real Estate Center @ Texas A&M University . A total of 23,847 existing homes were sold in Texas in June, a 15.9 percent decline from June 2007. The median price rose 0.6 percent to $155,900 during the same period, and the state finished the month with a 6.8-month inventory on existing homes.

 

Here is how select Texas cities fared in June:

 

Amarillo

  • 296 homes sold (14.9 percent decrease over previous year)
  • Median price of $122,600 (4.2 percent increase)
  • 5.7-month inventory

Austin

  • 2,410 homes sold (21.9 percent decrease)
  • Median price of $196,900 (3.1 percent increase)
  • 6.1-month inventory

Beaumont

  • 215 homes sold (6.9 percent decrease)
  • Median price of $127,700 (3 percent decrease)
  • 7.7-month inventory

Bryan–College Station

  • 308 homes sold (7.2 percent decrease)
  • Median price of $144,400 (2.8 percent increase)
  • 5.7-month inventory

Corpus Christi

  • 393 homes sold (9.2 percent decrease)
  • Median price of $143,500 (0.2 percent increase)
  • Inventory not available

Dallas

  • 4,819 homes sold (20.0 percent decrease)
  • Median price of $168,700 (1.3 percent decrease)
  • 6.9-month inventory

El Paso

  • 487 homes sold (19.8 percent decrease)
  • Median price of $142,800 (2.8 percent increase)
  • 12.4-month inventory

Fort Worth

  • 921 homes sold (17.7 percent decrease)
  • Median price of $119,800 (0.5 percent increase)
  • 6.1-month inventory

Galveston

  • 133 homes sold (no change)
  • Median price of $205,000 (17.5 percent increase)
  • 18.7-month inventory

Houston

  • 6,811 homes sold (14.3 percent decrease)
  • Median price of $161,300 (1.5 percent increase)
  • 6.9-month inventory

Laredo

  • 78 homes sold (28.4 percent decrease)
  • Median price of $124,000 (13 percent decrease)
  • 9.5-month inventory

Lubbock

  • 376 homes sold (0.8 percent increase)
  • Median price of $107,100 (0.1 percent decrease)
  • 5.6-month inventory

San Antonio

  • 2,127 homes sold (12.9 percent decrease)
  • Median price of $158,600 (0.9 percent increase)
  • 7.6-month inventory

Texarkana

  • 97 homes sold (1 percent increase)
  • Median price of $101,000 (6 percent decrease)
  • 8.4-month inventory

Victoria

  • 97 homes sold (12.8 percent increase)
  • Median price of $146,200 (17 percent increase)
  • 6.1-month inventory

Waco

  • 226 homes sold (4.6 percent decrease)
  • Median price of $116,800 (4.6 percent decrease)
  • 9.1-month inventory
  •  

Additional home sales data for these and other Texas cities is available at Texas A&M Real Estate Center.

 

Nationally, sales of existing single-family homes dropped 2.6 percent last month to a 4.86 million annual pace, according to the National Association of Realtors (NAR). The median sales price was down 6.1 percent compared with a year earlier. Inventory was at 11.1 months.

 

Meanwhile, sales of new homes in the United States fell 0.6 percent last month to a seasonally adjusted annual rate of 530,000, according to the Commerce Department. Sales were down 33.2 percent compared with a year ago, while the median sales price was down 2 percent.