Is It A Buyer or Sellers Market?

 According to The Real Estate Center,  this is how select Texas cities fared in March (data current as of July 26, 2010):

	Sales	Change from Last Year	Median Price	Change from Last Year	Months' Inventory
Austin	2,216	down 2%	$202,800	up 4%	7.2
Brownsville	50	down 14%	$96,000	up 11%	na
Dallas	4,554	down 3%	$170,100	up 2%	6.8
El Paso	736	up 53%	$132,600	down 1%	6.8
Fort Worth	833	up 5%	$111,800	down 6%	6.9
Houston	6,175	up 3%	$158,100	down 3%	7.5
Kerrville	30	down 35%	$151,400	down 13%	22.8
Lufkin	56	up 2%	$120,000	up 9%	na
Odessa	131	up 87%	$125,300	down 6%	7.9
San Antonio	1,924	down 1%	$151,700	down 3%	8.2
Texas	21,717	0%	$153,300	down 1%	7.8

 

Is it a buyers or sellers market?  It depends....all Real Estate is local.  Depends on where you are selling or buying.  Let me know and I'll send you a report on your area.