Texas housing market sees slight increase in sales

The housing market sees a slight increase in Texas.

SAN ANGELO, TX - Texas home sales jumped 5.5 percent compared to the first six months of 2017, with 166,256 homes sold throughout Texas between January and June 2017, according to the Texas Association of Realtors.

The San Angelo housing market has seen its share of ups and downs over the years. 

Bonnie Dierschke, co-owner of Dierschke & Dierschke, has seen many of those challenges. 

"I think we leveled off enough where we even seen some bit of an an increase in value," she said. 

Locally, home sales have remain steady despite the changes in the oil industry. 

Nearly 700 homes were sold in the months of January to June of this year, according to the TAR. 

That's only slightly below 1 percent of the figures from 2016. 

The median price of a home in the Concho Valley has remained consistent with the past year at $165,000.

"It all depends on your circumstances, if you're going to be here for several years then we recommend buying, if you're financially able," Dierschke said. 

Meanwhile Dierschke said other factors besides oil influence our market.

"We have a very diversified workforce," she said. "We have medical, we have the military, we have Angelo State [University], the school systems San Angelo ISD. Those entities employ a whole lot of people."

© 2018 KIDY-TV


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