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Hot summer housing market sets record for sales and pricesHot summer housing market sets record for sales and priceshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=137902016-07-11T05:00:00Z

​​NORTH TEXAS - North Texas home prices hit an all-time high in June 2016 as real estate agents sold the most houses ever in a single month.

Last month, 10,857 pre-owned single-family homes were sold in the area, 7 percent more than in June 2015.

The median price of North Texas houses sold by real estate agents in June 2016​ through their multiple listing service was $237,500, up 8 percent from June 2015 and a record for the area.

Finding a house to buy in North Texas is still a challenge. 

At midyear, there were fewer than 20,000 single-family homes listed for sale with real estate agents in the more than two dozen counties included in the North Texas numbers.

On average, it took only 37 days to sell a house in the area as of June 2016, an 8 percent drop in time on market from a year ago.

The biggest increases in home sales this year—about a 25 percent jump—have been properties priced from $250,000 to $600,000.
Dallas Morning News
Dallas-Fort Worth-Arlington
Housing
http://www.dallasnews.com/business/headlines/20160708-north-texas-hot-summer-housing-market-sets-record-for-sales-and-prices.ece

​See Dallas Housing Market Research. ​

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