Texas Home Price Appreciation Over 6 Years

Home prices appreciation

• The average home sales price in Texas has increased $23,800 from April 2003 to April 2009

Considering that over recent months home sales prices have dropped nationally, over the long term home owners in Texas have seen their properties continually appreciate over the past 6 years. Landlords can expect a good return on their Buy-Fix-Hold properties if they had bought their investment property in 2003.  It is safe to say that the market will continue in this trend and property bought now will continue to appreciate in the future.