DFW: DFW led the state in home sales during the third quarter, reports the Dallas Morning News. More than29,000 homes sold during that time, almost a quarter of all Texas sales, according to the TRA. Statewide home sales were up 3.5% over last year. DFW sales by agents were up 5.7% from a year ago. North Texas median home sale prices rose 3.6% to $275,501, compared to Austin’s median price of $310,900. Economists at the Real Estate Center at Texas A&M expect attractive interest rates to attract buyers and predict new home construction will continue to rise in DFW. In the first nine months of 2019, area home sales by agents are 2% ahead of last year.
Read the November 1st Allmanac for the latest news in Dallas real estate!
November 1, 2019