April Dallas Fort Worth Home Sales Increase is Second Largest in 15 years
Posted by Kenneth G. Cox on
Median single-family home sales prices sold through the MLS in North Texas hit a record high of $176,000 last month. Home sale prices in North Texas are now about 10 percent higher than they were at the peak of the market before the recession.
North Texas’ housing market took off like a rocket in April with a 30 percent jump in sales.
The year-over-year growth in pre-owned single-family home purchases is the second-largest the area has seen since 1998.
And the 14 percent price rise from April 2012 is one of the biggest percentage gains in residential value on record for the area.
The only time that home sales have grown faster was in November 2009, when sales rose 31 percent because of government tax incentives.
“It is a much bigger increase…
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