Report: Amarillo home sales, prices rose in 2020 despite pandemic
According to the Amarillo Association of Realtors 2020 Amarillo Housing Report, home sales and home prices here increased last year - despite a reduction in active listings.
The 2020 Amarillo Housing Report showed sales of homes increased by 3.5 percent in 2020 to 2,674 while the median price increased 11.6 percent to $177,500. The Amarillo Housing Report reflected the number of active listings in 2020 was 461 or 35.2 percent fewer than in 2019.
Meanwhile, a 2020 Texas Real Estate Year in Review trend was similar across the state of Texas, determining sales volume and home prices broke records for the sixth consecutive year. In Texas, the number of homes sold in 2020 was 393,615, for a rise of 9.5 percent over 2019, and the state s median home price rose 8 percent over 2019 to $259,230.