North Texas home sales up 23 percent in May

Posted Tuesday, Jun. 11, 2013  comments  Print Reprints

Topics: Texas, North Texas

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AreaSales% changeyear agoMedianprice% changeyear ago
82NE Arlington4060%$200,00038%
83Central W. Arlington3918%$127,0002%
84Central E. Arlington14-7%$64,9007%
85Arlington,DalworthingtonGardens, Pantego6874%$149,900-1%
86SE Arlington18-14%$75,4608%
87Far SW Arlington6819%$155,000-3%
88Far SE Arlington15565%$129,00011%
101Downtown FW3-40%$210,000-39%
102Saginaw, north FW1599%$141,0001%
104East FW509%$96,00028%
105Southeast FW(Rosedale)16-5%$33,25062%
106South FW, Everman, Forest Hill2847%$68,00070%
107Central west and southwest FW54-7%$236,00010%
108Central west FW11139%$257,00011%
109Northwest FW,River Oaks, Azle14248%$139,75011%
111South FW, Crowley1704%$117,0008%
112Far west FW,Benbrook,White Settlement9846%$130,32010%
127N. Richland Hills,Richland Hills10019%$175,25025%
129Haltom City, Riverside21-32%$71,500-4%
130FW Summerfields, Park Glen27950%$163,00011%
132Trophy Club, Westlake400%$313,500-15%
Source: Texas A&M Real Estate Center

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Sales of existing home in North Texas shot up 23 percent in May from a year ago, in the strongest month of home sale activity this year, according to the latest report from the Texas A&M University Real Estate Center.

In all, 9,197 homes were sold in the 29-county region at a median sale price of $180,000, up 11 percent from May 2012. The median price was $4,000 higher than in April and reached its high point of the year.

Spring is typically a strong selling season. The number of pending sales was up 14 percent, at 7,945 homes.

Active listings in the Multiple Listing Service, the database used by real estate agents, totaled 22,852, down 22 percent from May 2012. The number of new MLS listings reached 11,935 in May, up 8 percent from a year ago.

In Tarrant County, sales were particularly strong in Roanoke, Southlake, the central west Arlington-Dalworthington Gardens-Pantego area, and northeast Arlington.

Sandra Baker, 817-390-7727 Twitter: @SandraBakerFWST

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