North Texas home sales continue recovery

Posted Wednesday, Aug. 08, 2012 0 comments  Print Reprints
A

Have more to add? News tip? Tell us

Existing-home sales in North Texas continued to rebound in July, with another double-digit increase from a year ago, according to the latest monthly report from the Texas A&M Real Estate Center.

Real estate agents sold 7,487 homes in the 29-county North Texas area, a 23 percent jump from July 2011, according to the report, which uses sales data from the multiple listing service.

For the first seven months of the year, 43,420 homes were sold, 16 percent more than in the same period last year.

Pending sales in July totaled 6,634 homes, up 20 percent from a year ago. The median sales price was up 10 percent, to $166,700.

Home sales are up in many areas because low mortgage rates are attracting buyers who've been waiting for the economy to improve.

In Tarrant County, several Arlington neighborhoods, including northeast, central east and southeast, and Mansfield saw huge gains, as did several Northeast Tarrant communities, including Grapevine, Southlake, North Richland Hills, Richland Hills and Trophy Club.

Sandra Baker, 817-390-7727

Twitter: @SandraBakerFWST


Area

Sales

% change

year ago

Median

price

% change

year ago

82

Northeast Arlington

28

87%

$184,900

13%

83

Central west Arlington

32

33%

$114,000

-21%

84

Central east Arlington

21

163%

$47,500

9%

85

Arlington,

Dalworthington

Gardens, Pantego

49

36%

$149,000

4%

86

Southeast Arlington

17

55%

$72,500

-9%

87

Far Southwest Arlington

67

8%

$152,150

7%

88

Far Southeast Arlington

95

8%

$114,000

4%

89

Mansfield

122

61%

$191,700

7%

90

Kennedale

3

0%

$194,250

73%

101

Downtown Fort Worth

3

0%

$220,000

38%

102

Saginaw, north Fort Worth

110

5%

$134,760

8%

104

East Fort Worth

42

0%

$89,450

29%

105

Southeast Fort Worth

(Rosedale)

10

-50%

$21,500

23%

106

South Fort Worth, Everman, Forest Hill

13

-24%

$72,500

107%

107

Central west and southwest Fort Worth (TCU)

46

-12%

$252,500

5%

108

Central west Fort Worth

82

41%

$270,500

14%

109

Northwest Fort Worth, River Oaks, Azle

107

19%

$157,750

29%

111

South Fort Worth (south of I-20), Crowley

157

15%

$105,000

-1%

112

Far west Fort Worth, Benbrook, White Settlement

88

31%

$126,900

32%

120

Bedford

46

2%

$165,000

-2%

121

Euless

51

19%

$157,500

3%

122

Hurst

50

32%

$147,000

8%

123

Colleyville

38

52%

$434,550

-1%

124

Grapevine

57

58%

$242,500

-2%

125

Southlake

79

68%

$524,000

-5%

126

Keller

80

31%

$299,500

12%

127

North Richland Hills,

Richland Hills

65

55%

$180,000

34%

128

Watauga

22

-15%

$93,400

9%

129

Haltom City, Riverside

29

12%

$69,500

34%

130

Fort Worth Summerfields,

Park Glen

226

28%

$150,900

1%

131

Roanoke

22

-8%

$174,500

11%

132

Trophy Club, Westlake

39

129%

$375,870

10%

Source: Texas A&M Real Estate Center

Looking for comments?

We welcome your comments on this story, but please be civil. Do not use profanity, hate speech, threats, personal abuse, images, internet links or any device to draw undue attention. Comments deemed inappropriate will be removed and repeated abusers will be banned. NOTE: If you log in using your Twitter account, your comments will be signed using the name on your Twitter profile, NOT your Twitter user name. Read our full comment policy.