The median sales price in Texas hit $150,400 in the second quarter, up 1% from a year ago. The average price rose 4.6% to $201,288, suggesting strength in the high-end market. In both areas, Texas is an outlier since many other markets have experienced drops in both average and median price. The increase in the average price of Texas homes indicates more activity among higher priced homes.
True. Average earners cannot qualify.