Denton County saw the biggest jump in July home sales – Dallas News

Denton County saw the biggest jump in July home sales – Dallas News

denton-county-saw-the-biggest-jump-in-july-home-sales-–-dallas-news

Denton County’s housing market was the big winner in July’s bump in Dallas-Fort Worth 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 – 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 through the first seven months of 2019 had sold 63,126 area homes – 1% more than in the same period last year, according to data from the Real Estate Center at Texas A&M University and the North Texas Real Estate Information Systems.

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