Texas Condominium Sales Report
TEXASCONDOMINIUMSALESREPORT2018 Edition
TEXAS CONDOMINIUM SALES REPORT 2018 EDITIONABOUT THE TEXAS CONDOMINIUM SALES REPORTThe 2018 edition of the Texas Condominium Sales Report is provided by the Data RelevanceProject, a partnership among the Texas Association of REALTORS and local REALTOR associations throughout the state. Data analysis is provided by the Real Estate Center at TexasA&M University. The report analyzes condominium and townhome sales data from July 2017through June 2018 for the Austin, Dallas-Fort Worth, El Paso, Houston, McAllen and San AntonioMetropolitan Statistical Areas. The Texas Association of REALTORS distributes insights aboutthe Texas housing market each month, including quarterly market statistics, trends amonghomebuyers and sellers, luxury home sales, international trends, and more. To view thesereports, visit texasrealestate.com.ABOUT THE TEXAS ASSOCIATION OF REALTORS With more than 114,000 members, the Texas Association of REALTORS is a professionalmembership organization that represents all aspects of real estate in Texas. We are theadvocate for REALTORS and private property rights in Texas. Visit texasrealestate.com to learnmore.MEDIACONTACTHunter DodsonPierpont Communicationshdodson@piercom.com512.448.4950
TEXAS CONDOMINIUM SALES REPORT 2018 EDITIONEXECUTIVE SUMMARYTexas condominium sales in Texas fell slightly while townhome sales grew between July 2017and June 2018. Texas condominium sales fell 2.1 percent to 14,279 sales, while townhome salesincreased 6.3 percent to 9,064 sales during this time frame. Despite a slight decrease incondominium sales, the Texas condominium and townhome market remains one of the mostpopular segments of the Texas housing market.From July 2017 to June 2018, the dollar volume of condominiums and townhomes sold in Texaswas 5,748,908,746, with 3,414,945,120 in condominium sales and 2,333,963,626 in townhomesales.Sales prices experienced moderate increases for condominiums and townhomes. Statewide, theyear-to-date median sales price as of June 2018 was 185,000 for condominiums, an annualincrease of 3.4 percent, and 226,000 for townhomes, an annual increase of 2.3 percent. Theaverage price-per-square foot during this time frame was 187 for condominiums and 139 fortownhomes in Texas.Housing inventory for Texas condominiums and townhomes decreased slightly, withcondominiums declining 0.2 months to 4.5 months of inventory and townhomes decreasing 0.1months to 4.6 months of inventory. In the first six months of the year, Texas condominiums spentan average of 65 days on the market, while townhomes spent an average of 61 days on themarket.
TEXAS CONDOMINIUM SALES REPORT 2018 EDITIONCONDOMINIUM & TOWNHOME SALESSTATEWIDELISTINGS ACTIVITY: TEXASCONDOSTOWNHOMES21,117New ListingsJULY 2017 - JUNE 201813,711Pending SalesJULY 2017 - JUNE 20185,009Active ListingsJULY 2017 - JUNE 201814,051New ListingsJULY 2017 - JUNE 20188,552Pending SalesJULY 2017 - JUNE 20183,080Active ListingsJULY 2017 - JUNE 2018TEXAS CONDOMINIUM &TOWNHOME SALESBY THE NUMBERS
TEXAS CONDOMINIUM SALES REPORT 2018 EDITIONCONDOMINIUM & TOWNHOME SALES STATEWIDE12-MONTH COMPARISON:MEDIAN PRICEAVERAGE PRICE PER SQUARE FOOT:CONDOSJANUARY – JUNE 2018STATEWIDE CONDO & TOWNHOME SALES 185,000Jun-18 226,000 188,377May-18 229,900 187,500Apr-18 228,000 184,250Mar-18 225,000 182,863Feb-18 219,945 269 194Austin-RoundRock MSA 175,000 205,000Jan-18Dec-17 178,400Nov-17 178,000Oct-17 178,000Sep-17 178,500Aug-17 179,000Jul-17 179,000TownhomesEl PasoMSAHouston-TheMcAllenSan AntonioWoodlandsEdinburg- New BraunfelsSugarland Mission MSAMSAMSAAVERAGE PRICE PER SQUARE FOOT:TOWNHOMES 220,000JANUARY – JUNE 2018 219,900 219,900 220,000 220,000 220,000CondosDallas-FortWorthArlington MSA 77 154 68 140 172 157Austin-RoundRock MSADallas-FortWorthArlington MSA 78 133 75 118El PasoMSAHouston-TheMcAllenSan AntonioWoodlandsEdinburg- New BraunfelsSugarland Mission MSAMSAMSA
TEXAS CONDOMINIUM SALES REPORT 2018 EDITIONAUSTIN-ROUND ROCK MSACONDOS4,292New ListingsJULY 2017 - JUNE 20183,382Pending SalesJULY 2017 - JUNE 2018689Active ListingsJULY 2017 - JUNE 20182.8TOWNHOMES591New ListingsJULY 2017 - JUNE 2018480Pending SalesJULY 2017 - JUNE 2018103Active ListingsJULY 2017 - JUNE 20182.612-MONTH COMPARISON:SALES VOLUMEAUSTIN-ROUND ROCK MSAJun-18May-18Feb-18Nov-17Oct-17Months ofInventoryMonths ofInventorySep-17AS OF JUNE 2018AS OF JUNE 2018Aug-1753Average Dayson MarketJANUARY-JUNE 201872Average Dayson MarketJANUARY-JUNE Townhomes
TEXAS CONDOMINIUM SALES REPORT 2018 EDITIONAUSTIN-ROUND ROCK MSA12-MONTH COMPARISON:MEDIAN PRICEDOLLAR VOLUMEJULY 2017 – JUNE 2018AUSTIN-ROUND ROCK MSAJun-18 245,235 275,000May-18 243,375Apr-18Jan-18TOWNHOMES 150,023,906 269,000 240,200 269,250 233,912 270,000 231,918Dec-17 259,000 241,305 256,850Nov-17 241,305Oct-17 241,305Sep-17 256,425 244,453Aug-17Jul-17 278,000 247,490Mar-18Feb-18CONDOS 1,094,590,769 273,000 238,789 234,345Condos 255,000 255,000 255,773TownhomesAVERAGE PRICE PER SQUAREFOOTJANUARY– JUNE 2018CONDOS 269TOWNHOMES 172
TEXAS CONDOMINIUM SALES REPORT 2018 EDITIONDALLAS-FORT WORTH-ARLINGTON MSACONDOS5,224New ListingsJULY 2017 - JUNE 20183,682Pending SalesJULY 2017 - JUNE 2018884Active ListingsJULY 2017 - JUNE 20183.3TOWNHOMES3,703New ListingsJULY 2017 - JUNE 20182,769Pending SalesJULY 2017 - JUNE 2018590Active ListingsJULY 2017 - JUNE 20183.112-MONTH COMPARISON:SALES VOLUMEDALLAS-FORT WORTH-ARLINGTON MSA393Jun-18271May-18Apr-18Mar-18Feb-18Dec-17AS OF JUNE 2018AS OF JUNE 2018Aug-17Average Dayson MarketJANUARY-JUNE 2018Average Dayson MarketJANUARY-JUNE onths ofInventory47195Jan-18Months 17242CondosTownhomes
TEXAS CONDOMINIUM SALES REPORT 2018 EDITIONDALLAS-FORTH WORTH-ARLINGTON MSA12-MONTH COMPARISON:MEDIAN PRICEDOLLAR VOLUMEJULY 2017– JUNE 2018DALLAS-FORT WORTH-ARLINGTON MSAJun-18 195,000May-18 196,000Apr-18 195,000CONDOS 975,127,292 280,000 190,000Mar-18Feb-18 180,000Jan-18 173,950 185,000Dec-17Nov-17 185,000Oct-17 184,000Sep-17 185,000Aug-17 185,000Jul-17 185,000CondosTownhomes 281,907TOWNHOMES 825,532,353 281,250 280,000 275,000 265,500 265,000 265,000 265,000 265,000 265,000 265,000AVERAGE PRICE PER SQUAREFOOTJANUARY– JUNE 2018CONDOS 194TOWNHOMES 157
TEXAS CONDOMINIUM SALES REPORT 2018 EDITIONEL PASO MSACONDOS107New ListingsJULY 2017 - JUNE 201854Pending SalesJULY 2017 - JUNE 201838Active ListingsJULY 2017 - JUNE 20187.3TOWNHOMES124New ListingsJULY 2017 - JUNE 201855Pending SalesJULY 2017 - JUNE 201830Active ListingsJULY 2017 - JUNE 20189.312-MONTH COMPARISON:SALES VOLUMEEL PASO 1112Nov-175103AS OF JUNE 2018AS OF JUNE 2018Aug-173Jul-173JANUARY-JUNE 2018Average Dayson MarketJANUARY-JUNE 20187Oct-17Sep-17Average Dayson Market62Months ofInventory8262Months ofInventory13164Condos758Townhomes11
TEXAS CONDOMINIUM SALES REPORT 2018 EDITIONEL PASO MSA12-MONTH COMPARISON:MEDIAN PRICEDOLLAR VOLUMEJULY 2017– JUNE 2018EL PASO MSA 75,000Jun-18 79,950May-18CONDOS 5,527,492 108,000 108,000 75,000 90,000Apr-18TOWNHOMES 7,345,100 75,000Mar-18 85,000 75,000 99,200Feb-18 80,000Jan-18 109,000 74,900Dec-17 114,000 74,900Nov-17Oct-17 76,000Sep-17 78,500 114,500 115,000 77,000Aug-17 75,250Jul-17CondosTownhomes 110,750 112,500 108,800AVERAGE PRICE PER SQUAREFOOTJANUARY– JUNE 2018CONDOS 77TOWNHOMES 78
TEXAS CONDOMINIUM SALES REPORT 2018 EDITIONHOUSTON-WOODLANDS-SUGAR LAND MSACONDOS6,571New ListingsJULY 2017 - JUNE 20183,701Pending SalesJULY 2017 - JUNE 20181,404Active ListingsJULY 2017 - JUNE 20184.6TOWNHOMES6,680New ListingsJULY 2017 - JUNE 20183,642Pending SalesJULY 2017 - JUNE 20181,337Active ListingsJULY 2017 - JUNE 20185.012-MONTH COMPARISON:SALES VOLUMEHOUSTON-THE WOODLANDS-SUGAR LAND MSAJANUARY-JUNE 17AS OF JUNE 2018JANUARY-JUNE 2018330Dec-17AS OF JUNE 2018Average Dayson Market349Feb-18Jan-18400316Mar-18Sep-17Average Dayson Market349Apr-18Months ofInventory56417May-18Months os358Townhomes
TEXAS CONDOMINIUM SALES REPORT 2018 EDITIONHOUSTON-THE WOODLANDS-SUGAR LAND MSA12-MONTH COMPARISON:MEDIAN PRICEDOLLAR VOLUMEJULY 2017– JUNE 2018HOUSTON-THE WOODLANDS-SUGAR LAND MSAJun-18 135,000May-18 134,950Apr-18 133,000Mar-18 130,000 128,750Feb-18CONDOS 735,086,279 217,995 219,990TOWNHOMES 971,574,490 220,000 210,000 210,000 133,000Jan-18 200,000 135,000Dec-17Nov-17 135,000Oct-17 135,000Sep-17 135,000Aug-17 135,000Jul-17 135,000CondosTownhomes 228,310 230,000 230,000 234,900 234,900 235,000AVERAGE PRICE PER SQUAREFOOTJANUARY– JUNE 2018CONDOS 154TOWNHOMES 133
TEXAS CONDOMINIUM SALES REPORT 2018 EDITIONMCALLEN-EDINBURG-MISSION MSACONDOS134New ListingsJULY 2017 - JUNE 201837Pending SalesJULY 2017 - JUNE 201866Active ListingsJULY 2017 - JUNE 201811.4TOWNHOMES120New ListingsJULY 2017 - JUNE 201839Pending SalesJULY 2017 - JUNE 201852Active ListingsJULY 2017 - JUNE 201817.412-MONTH COMPARISON:SALES VOLUMEJun-184Mar-184Feb-184Jan-181Dec-171AS OF JUNE 2018Aug-17JANUARY-JUNE 2018JANUARY-JUNE 201898634Oct-17AS OF JUNE 2018Average Dayson Market62Nov-17Sep-17Average Dayson Market3Apr-18Months ofInventory772May-18Months ofInventory145MCALLEN-EDINBURG-MISSION MSA376225Jul-174Condos66Townhomes8
TEXAS CONDOMINIUM SALES REPORT 2018 EDITIONMCALLEN-EDINBURG-MISSION MSA12-MONTH COMPARISON:MEDIAN PRICEDOLLAR VOLUMEJULY 2017– JUNE 2018MCALLEN-EDINBURG-MISSION MSA 88,000Jun-18 90,000May-18Apr-18 88,500Mar-18 89,250 95,000Feb-18Jan-18CONDOS 4,753,337 119,000 117,000TOWNHOMES 6,078,045 118,000 132,000 115,250 50,000 151,588Dec-17 86,000Nov-17 84,950Oct-17 84,900Sep-17 84,900Aug-17 85,000Jul-17 86,250Condos 125,250 123,000 127,500 123,000 123,000 123,000TownhomesAVERAGE PRICE PER SQUAREFOOTJANUARY– JUNE 2018CONDOS 68TOWNHOMES 75
TEXAS CONDOMINIUM SALES REPORT 2018 EDITIONSAN ANTONIO-NEW BRAUNFELS MSACONDOS1,017New ListingsJULY 2017 - JUNE 2018715Pending SalesJULY 2017 - JUNE 2018278Active ListingsJULY 2017 - JUNE 20184.8TOWNHOMES648New ListingsJULY 2017 - JUNE 2018479Pending SalesJULY 2017 - JUNE 2018142Active ListingsJULY 2017 - JUNE 20183.312-MONTH COMPARISON:SALES VOLUMEJun-18May-18Apr-18Dec-17AS OF JUNE 2018AS OF JUNE 2018Aug-17Average Dayson MarketJANUARY-JUNE 2018Average Dayson MarketJANUARY-JUNE 20186137452951325335Oct-17Sep-176751Nov-17Months ofInventory566232Feb-18Jan-186745Mar-18Months ofInventory71SAN ANTONIO-NEW BRAUNFELS MSA79524957654347Jul-175759Condos68Townhomes
TEXAS CONDOMINIUM SALES REPORT 2018 EDITIONSAN ANTONIO-NEW BRAUNFELS MSA12-MONTH COMPARISON:MEDIAN PRICEDOLLAR VOLUMEJULY 2017– JUNE 2018SAN ANTONIO-NEW BRAUNFELS MSACONDOS 128,136,946 135,750Jun-18 152,000 135,000 153,000May-18Apr-18 134,900 151,000Mar-18 132,000 146,250 135,500 146,500Feb-18TOWNHOMES 91,580,683 137,500Jan-18 154,750 128,000 145,000Dec-17Nov-17 128,000 142,875Oct-17 127,500 141,000Sep-17 126,750Aug-17 125,000 140,000Jul-17 123,350 140,000 140,000CondosTownhomesAVERAGE PRICE PER SQUAREFOOTJANUARY– JUNE 2018CONDOS 140TOWNHOMES 118
condos townhomes 12-month comparison: median price dallas-fort worth-arlington msa 975,127,292 townhomes condos dollar volume july 2017-june 2018 194 condos townhomes average price per square foot january- june 2018 825,532,353 157
1221 Apartment, High-Rise, Shell 4110 Fast Food with Seating 1222 Apartment, High-Rise, Interior Space 4115 Dining 1225 Luxury Apartment, High-Rise 4120 Cafeteria 1300 Condominium 4125 Bar or Lounge 1331 Condominium, Shell 4200 Bowling Center 1332 Condominium, Interior Space 4205 Cinema 1340 Deluxe Condominium 4206 Theater, Live Stage
Above -4950 – 4952 North Western – Chicago – New condominium 5- story structure. Left – 4770 N. Manor – Chicago – New 5-story condominium building. Above – 1215 Madison – Chicago, IL Left – 246 Greenbay Road – Highwood, IL – New 4-story condominium building with ground level retail and parking. Podium construction with wood framed
inspection@carsondunlop.com. March 7, 2018 Dear John and Barb, RE: Report No. 10101, v.2 129 Avenue St, 1003 Toronto, ON M2N 7B4 Thank you for choosing us to perform your Condominium Unit Inspection. We hope the experience met your . This property is a condominium unit. We inspected the unit itself. A condominium unit inspection does not .
AMENDED BY-LAWS of GREENBRIAR CONDOMINIUM UNIT OWNERS ASSOCIATION (a condominium unit owners' association) ARTICLE ONE MEMBERSHIP, OFFICES, APPLICABILITY, DEFINITIONS 1.1 Name. The name of the Association shall be the Greenbriar Condominiuin Unit Owners Association ("Association") formerly known as GTeenbriar Condominiums Condominium
maintain, but you have other important responsibilities. Owning a condominium has advantages and disadvantages - it’s not for everyone. Before making a final decision, you should care-fully consider the limitations and benefits of condominium living. There is a wealth of writt
14 Payments held in trust 15 Exemption 16 Security deposit 16.1 Documents required . RSA 2000 Chapter C-22 CONDOMINIUM PROPERTY ACT 2 Termination of Agreements . Section 1 Chapter C-22 CONDOMINIUM PROPERTY ACT 7 (ii)
NEW HAMPSHIRE CHAPTER 356-B CONDOMINIUM ACT I. General Principles Section 356-B:1 356-B:1 Short Title. – This chapter shall be known and may be cited as the ""Condominium Act''. Source. 1977, 468:1, eff. Sept. 10, 1977. Section 356-B:2 356-B:2 Application.
00047408.doc fourth amendment to condominium offering plan citizen 360 condominium 360 east 89th street new york, new york 10128 dated: -----
