Tarrant existing homes sales up 22% in March

Posted Tuesday, Apr. 09, 2013  comments  Print Reprints
A

Area

Sales

% change

year ago

Median

price

% change

year ago

82

NE Arlington

30

131%

$170,000

-10%

83

Central W. Arlington

33

14%

$104,150

-39%

84

Central E. Arlington

12

-25%

$65,000

54%

85

Arlington,

Dalworthington

Gardens, Pantego

54

59%

$142,500

8%

86

SE Arlington

12

0%

$65,7000

-18%

87

Far SW Arlington

49

-16%

$145,250

-3%

88

Far SE Arlington

113

31%

$118,400

8%

89

Mansfield

83

0%

$180,000

0%

90

Kennedale

4

-50%

$231,500

76%

101

Downtown FW

3

-57%

$225,000

9%

102

Saginaw, north FW

159

59%

$131,650

-4%

104

East FW

57

10%

$97,000

23%

105

Southeast FW

(Rosedale)

10

-23%

$28,100

12%

106

South FW, Everman,

Forest Hill

16

-36%

$54,500

9%

107

Central west

and southwest FW

50

-2%

$250,500

36%

108

Central west FW

69

-10%

$288,500

30%

109

Northwest FW,

River Oaks, Azle

121

49%

$136,500

-1%

111

South FW, Crowley

145

0%

$129,900

29%

112

Far west FW,

Benbrook,

White Settlement

79

16%

$118,900

-3%

120

Bedford

47

38%

$163,450

-6%

121

Euless

46

77%

$160,000

14%

122

Hurst

62

107%

$141,450

-1%

123

Colleyville

44

10%

$409,750

4%

124

Grapevine

60

50%

$258,250

-4%

125

Southlake

47

42%

$549,250

12%

126

Keller

97

120%

$290,200

-7%

127

N. Richland Hills,

Richland Hills

83

57%

$165,000

32%

128

Watauga

20

-5%

$102,590

12%

129

Haltom City, Riverside

30

0%

$67,000

-12%

130

FW Summerfields,

Park Glen

209

49%

$160,000

10%

131

Roanoke

22

38%

$176,820

4%

132

Trophy Club, Westlake

33

83%

$386,750

10%

Source: Texas A&M Real Estate Center

Have more to add? News tip? Tell us

Existing home sales in North Texas continued to charge ahead in March, with sales increasing 22 percent from a year ago.

The median sale price, $168,000, was also 8 percent ahead of March 2012, according to the latest numbers from the Texas A&M University Real Estate Center.

The data provide the latest sign of a local housing recovery.

Last week, MetroStudy said that area housing starts reached the highest level in five years during the first quarter.

So far this year, sales numbers are also posting ahead of 2012. From January through March, 17,397 homes were sold in the 29-county region, up 19 percent from the first three months of 2012. The median sales price was up 8 percent, to $159,400, the report said.

The inventory of pre-owned homes is down and the number of new listings has remained flat, as pending sales in March increased 17 percent, the report shows.

In all, 7,483 homes were sold in North Texas in March, and the number of active listings, 22,081, was down 22 percent. Buyers were under contract to buy 7,466 homes, up 17 percent from March 2012. Houses are selling in an average of 65 days, down 24 percent from a year ago.

In Tarrant County, sales were very strong in northeast Arlington, Hurst and Keller, where sales figures more than doubled in March from a year ago.

Sandra Baker, 817-390-7727

Twitter: @SandraBakerFWST

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