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...