Texas Real Estate Center Trends, Volume 7, Number 9, May 1994 Page: Documentation Page
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RESIDENTIAL
Table 4. Texas Average Price Data
Average
Price Prior 12 Percent
Metropolitan Area (March) Months Change
Abilene $ 69,300 $ 64,800 11.7
Amarillo 72,500 69,500 12.1
Austin 116,700 117,200 10.6
Beaumont- 89,100 81,100 5.1
Port Arthur 73,700 65,300 8.7
Brazoria County 68,900 75,700 na
Brownsville- na 72,300 11.6
Harlingen na 75,200 na
Bryan-College Station 91,500 84,500 8.5
Corpus Christi 72,500 78,500 5.2
Dallas- 125,300 122,500 5.7
Irving na 114,800 9.6
El Paso na 84,900 4.8
Fort Worth na 85,900 9.1
Arlington na 94,600 4.2
NE Tarrant County 121,700 120,900 2.3
Galveston- 68,400 88,300 15.6
Texas City na na na
Houston 105,600 107,100 8.1
Killeen-Fort Hood- 69,800 67,600 2.4
Temple-Belton 70,500 77,200 3.1
Laredo na na na
Longview 77,900 74,400 4.1
Lubbock 90,000 80,200 4.3
McAllen 73,500 79,000 7.3
Midland 170,000 106,600 31.3
Odessa 67,100 62,600 14.4
San Angelo na 65,900 9.5
San Antonio 97,600 95,900 11.5
Sherman-Denison 57,900 59,300 4.4
Texarkana 59,000 65,800 11.7
Tyler 80,300 86,100 3.1
Victoria 71,600 69,200 1.9
Waco na 69,100 7.0
Wichita Falls 71,100 61,300 5.3
Texas Total 105,500 101,400 7.9
USA Total* $na $134,800 3.1
*National Association of Realtors
Source: Real Estate Center at Texas A&M UniversityTable 5. Price Distribution of MLS Homes Sold:
March 1994
Distribution
Prior 12 M Prior 12
Price Range Mar Months ar Months
(number) (percent)
$ 29,999 or less 590 6,593 6.3 5.8
30,000 39,999 497 6,226 5.3 5.5
40,000 49,999 718 8,859 7.7 7.8
50,000 59,999 910 11,620 9.7 10.3
60,000 69,999 1,027 12,667 10.9 11.2
70,000 79,999 924 11,839 9.8 10.5
80,000 89,999 837 10,039 8.9 8.9
90,000 99,999 572 7,427 6.1 6.6
100,000 -119,999 887 10,526 9.5 9.3
120,000 -139,999 642 7,742 6.8 6.8
140,000 -159,999 455 5,042 4.8 4.5
160,000 -179,999 340 3,666 3.6 3.2
180,000 -199,999 228 2,466 2.4 2.2
200,000 -299,999 466 5,090 5.0 4.5
300,000 -399,999 137 1,726 1.5 1.5
400,000 -499,999 61 802 0.6 0.7
500,000 -and up 94 840 1.0 0.7
Total 9,385 113,023 100.0 100.0
Reported March Prior
Prices 12 Months
Median price $ 80,400 $ 80,100
Average price $105,500 $101,400
Source: Real Estate Center at Texas A&M University
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Texas A & M University. Real Estate Center. Texas Real Estate Center Trends, Volume 7, Number 9, May 1994, report, May 1994; College Station, Texas. (https://texashistory.unt.edu/ark:/67531/metapth903716/m1/4/: accessed June 26, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting UNT Libraries Government Documents Department.