DALLAS – North Texas home sales were up 20 percent last month from a year ago, according to data compiled by the Real Estate Center and North Texas Real Estate Information Systems.
More than 5,700 existing single-family homes sold last month—the most ever for January. That came on the heels of a strong December, during which time sales were up 21 percent from the year before.
Last month, 16,270 houses were listed for sale, down 1 percent from the same month in 2015.
Thanks to the tightened supply, median prices were up 7 percent from January 2015. A mid-priced house in the region cost just under $200,000 last month.
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