• 1.4 months inventory
• 29.7% average price growth YOY / 21.7% median price appreciation

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Homes priced from $750,000 and above led the way in May sales volume, shattering all previous measurements with a whopping 291.0 percent year-over-year increase. That was followed by the $500,000 to $750,000 segment, which rocketed 166.0 percent. This unprecedented surge in high-dollar homebuying is responsible for pushing pricing to record-setting levels. The single-family home average price rose 29.7 percent to $387,105 and the median price increased 21.7 percent to $304,000.

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• Total property sales rose 55.5 percent with 12,100 units sold the second highest volume in history;

Howdy Dammit said:

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Is it still increasing month to month? What percent increase is this over April?

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• Bryan is greatly outperforming College Station in price bumps (as buyers seek cheaper housing options?)
• Despite there only being 1.1 months of inventory in College Station, prices are only up 1.1% YOY
• Closed sales in the entire MSA are up 76% YOY

• Dallas County with 32% price appreciation
• Tarrant County has no listings