Denton County Saw the Biggest Jump in July Home Sales

Denton County Saw the Biggest Jump in July Home Sales

Denton County's housing market was the big winner in July's home sales.

North Texas single-family home sales by real estate agents jumped 7% last month from a year ago to a record number of properties purchased in one month. And median sales prices in the area were 3% higher than they were in July 2018. 

Denton County had the biggest jump in home sales in the D-FW area, with about 16% more houses trading than a year earlier, according to data from the MetroTex Association of Realtors. Median sales prices in Denton County were up a measly 1.3% year-over-year to $324,029.

Tarrant County — which is the most affordable of the metro area counties — had the largest number of July sales. Real estate agents sold 2,868 Tarrant County homes, a 2.4% rise from 2018 levels. The median sales price in Tarrant County was $247,194, which is below the North Texas median price of $272,880. Collin County had the highest median prices at $343,000, a scant 0.3% higher than in July 2018. Dallas County home sales in July were 7.2% ahead of where they were a year earlier, and prices rose 1.6% to $249,000, according to the MetroTex Realtors.

With last month's spike in home purchases, real estate agents in North Texas had sold 63,126 area homes through the first seven months of 2019 — 1% more than in the same period last year, according to data from the Real Estate Center at Texas A&M University and North Texas Real Estate Information Systems...

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