North Texas homes sales are off to a good start this year, up 14 percent in January from a year ago, according to the latest figures from Texas A&M University's Real Estate Center.
And more good news may be ahead: pending sales were up 16 percent from a year ago.The Real Estate Center compiles data from the Multiple Listing Service run by real estate agents. The monthly report covers 29 North Texas counties.Last month, 3,769 homes were sold. The median price was unchanged at $139,500.But, 4,754 sales are pending on single-family homes, and there was a 7 percent drop in the number of new listings received in January, to 8,725. In all, 27,166 homes are listed for sale, 23 percent fewer from a year ago.In Tarrant County, 22 of the 32 submarkets saw increased sales. Except for the far southwest part of the city, Arlington saw positive sales for the month.Home sales were flat for 2011 when compared to sales in 2010. Market professionals have predicted slight increases this year, but don't expect the market to fully recover until 2013.Sandra Baker, 817-390-7727Twitter: @SandraBakerFWST|
Area |
Sales |
% change year ago |
Median price |
% change year ago |
|
|
82 |
NE Arlington |
13 |
8% |
$136,360 |
-17% |
|
83 |
Central West Arlington |
16 |
33% |
$100,750 |
-2% |
|
84 |
Central East Arlington |
16 |
33% |
$70,450 |
8% |
|
85 |
Arlington, Dalworthington Gardens, Pantego |
29 |
71% |
$138,250 |
20% |
|
86 |
SE Arlington |
14 |
27% |
$69,000 |
8% |
|
87 |
Far SW Arlington |
20 |
-33% |
$144,750 |
3% |
|
88 |
Far SE Arlington |
61 |
36% |
$113,500 |
14% |
|
89 |
Mansfield |
43 |
-7% |
$160,000 |
2% |
|
90 |
Kennedale |
1 |
-75% |
$90,000 |
-58% |
|
101 |
Downtown FW |
8 |
300% |
$175,000 |
-50% |
|
102 |
Saginaw, north FW |
62 |
-15% |
$127,470 |
12% |
|
104 |
East FW |
32 |
33% |
$75,000 |
-18% |
|
105 |
Southeast FW (Rosedale) |
6 |
-68% |
$21,700 |
9% |
|
106 |
South FW, Everman, Forest Hill |
12 |
20% |
$65,000 |
57% |
|
107 |
Central west and southwest FW (TCU) |
29 |
7% |
$196,620 |
5% |
|
108 |
Central west FW |
37 |
28% |
$277,500 |
14% |
|
109 |
Northwest FW, River Oaks Azle |
61 |
-12% |
$107,800 |
-6% |
|
111 |
South FW (south of I-20), Crowley |
81 |
40% |
$92,500 |
-11% |
|
112 |
Far west FW, Benbrook, White Settlement |
44 |
33% |
$109,400 |
15% |
|
120 |
Bedford |
22 |
-4% |
$190,000 |
23% |
|
121 |
Euless |
18 |
29% |
$140,240 |
-2% |
|
122 |
Hurst |
27 |
23% |
$145,500 |
10% |
|
123 |
Colleyville |
23 |
44% |
$380,000 |
4% |
|
124 |
Grapevine |
33 |
74% |
$210,250 |
-14% |
|
125 |
Southlake |
24 |
50% |
$472,750 |
-2% |
|
126 |
Keller |
27 |
-13% |
$276,250 |
-14% |
|
127 |
N. Richland Hills, Richland Hills |
34 |
-15% |
$101,000 |
-33% |
|
128 |
Watauga |
17 |
13% |
$86,000 |
-9% |
|
129 |
Haltom City, Riverside |
11 |
0% |
$53,810 |
-17% |
|
130 |
FW Summerfields, Park Glen |
104 |
28% |
$138,000 |
-5% |
|
131 |
Roanoke |
6 |
-40% |
$119,000 |
-7% |
|
132 |
Trophy Club, Westlake |
10 |
-9% |
$314,000 |
-26% |
Source: Texas A&M Real Estate Center
Have more to add? News tip? Tell us
