Central Texas Home Price Growth Set to Slow Down in 2023

The real estate market in Central Texas, particularly in the College Station-Bryan area, has seen significant growth in recent years. However, according to a research economist, Dr. Adam Perdue, home price growth rates and the number of transactions in the region are predicted to be lower in 2023. As of February, the median home price in Bryan-College Station reaches $299,950. Even though home prices have still been increasing fast in the first half of last year, a drop in rates has been observed during the second half. Dr. Perdue anticipates steady market conditions as 2023 progresses. For more information and insights, visit the [original article](https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28960).