Home Sales Rebound in April in North Texas
April was a good month for home sales in North Texas as more than 9,600 single-family homes changed hands, which is five percent more as compared to April 2018, the Dallas Morning News reports.
July was Best Month Ever for Houston Home Sales, Realtors Say (Almost 9,000 Homes Sold) Topped Off With Houston Center Deal, Office Building Sales Rebound in 2017 Houston skyline photo, with 5 Houston Center, which sold earlier this year.
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It’s worth noting, however, that Texas housing still remains a bargain compared to many other areas of the nation. According to the Real Estate Center, for instance, in November 2017 the median sale price for existing Texas homes was about $218,000, while the median price realized for new homes was nearly $286,000.
Demand for new homes in Ellis County is growing, said Ted Wilson of Dallas housing analyst. Mortgage rate falling below 4% fueled rebound, analysts say. “The increase in April sales reflects what we are hearing in the market,” said Ted.
April Sound neighborhood is located in montgomery (77356 zip code) in MONTGOMERY county. April Sound has 1,831 single family properties with a median build year of 1994 and a median size of 2,277 Sqft., these home values range between $149 – $390 K.
New-home sales rebound in May on hearty demand. The median sales price in May was $313,000, 3.3% lower than a year ago. With a faster selling pace, it would take less time to exhaust available inventory: 5.2 months at the current pace, compared to 5.4 months in April. The big picture: New-home sales have been grinding slowly higher,
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5 days ago. Texas housing sales recovered after second-quarter declines, trending upward amid lower mortgage interest rates and a robust economy.
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Zillow helps you find the newest Fort Worth real estate listings. By analyzing information on thousands of single family homes for sale in Fort Worth, Texas and across the United States, we calculate home values (Zestimates) and the Zillow Home Value Price Index for Fort Worth proper, its neighborhoods and surrounding areas.
Texas housing prices have been rising faster than the state's personal income.. and according to the Federal Reserve Bank of Dallas, the rise in Texas home prices. than total employment during the recession, and took more time to rebound.. According to the Real Estate Center, sales of homes priced from $300,000 to.
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