Texoma homes selling at faster rate than national average

By: Allison Harris Email
By: Allison Harris Email

GRAYSON COUNTY, TEXAS -- It's spring selling season for realtors, and this year, they're seeing good numbers -- both here in Texoma and nationally.

U.S. Home sales are at their highest in three in a half years.

As Allison Harris learned, the Texoma housing market is experiencing similar success.

Texoma homes are selling at a faster rate than the national average.

Sales here increased 10 percent in the past seven months.

"And that's almost overnight in the real estate business," Ron Schildknecht, with the Greater Texoma Association of Realtors, said.

Schildknecht says more Texoma homes are selling -- and they're going for more money.

"Our average home price is up about 10 percent and, like I said, our inventory is down, so it's a good time to sell a home and to buy a home," Schildknecht said.

Thursday, Schildknecht hosted the Region 4 meeting for the Texas Association of Realtors, proudly sharing positive real estate trends in Texoma and the state of Texas.

"Our first quarter figures for 2013 are 17% higher than the first quarter of last year in number of sales, and that's the strength of the market right there," Travis Kessler, President and CEO of the Texas Association of Realtors, said.

Kessler says the average price of homes in Texas has increased about 7 percent since this time last year.

He attributes some of that to the state's population influx.

"You know with more than 1,500 people a day moving to Texas, we feel like the strength of the market is that people want to live and work in Texas, and I think it's indicative of what we're seeing in the real estate market to see those trends," Kessler said.

And that's also proving to be a boost in Texoma.

"We've still got good prices out there on a good selection of homes," Schildknecht said.

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