9 (tie). Texas
7.1 percent increase in home prices
Sales in the Lone Star State is on pace to surpass the record set in 2007, with the number of transactions involving previously owned homes jumping 7.8 percent in the third quarter. People continue to put their homes on this hot market, with active listings rising 7.6 percent in the quarter compared with a year ago. But they are selling quicker than sellers can hammer “For Sale” signs in their lawns, with the average time spent on the market falling 6 days to 51 days.
