About one in four homes sold in Texas in the last decade were sold in the Greater Houston area. Between 2011 and 2020, 811,105 homes were sold in the Houston–The Woodlands–Sugar Land metropolitan statistical area, according to a report released Thursday by Texas Realtors.
The report, “A Decade in Texas Real Estate,” provides real estate sales data for Texas and 25 metropolitan statistical areas in Texas from 2011 to 2020. Real estate sales that occurred outside of an MLS are not reflected in the report.
During the 10 year period between 2011 and 2020, the Greater Houston area’s median home price increased $105,500 from $154,500 in 2011 to $260,000 in 2020 — a 68% increase.
All in all, 3,118,089 homes were sold in Texas during the decade, according to the report. Meanwhile, median home price in the state increased $112,200 from $146,988 at the end of 2011 to $259,188 at the end of 2020 — a 76% jump.
Three-quarters of the Texas homes sold in…