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North Texas home sales and prices revved higher in April
Home sales jumped 28% from a year ago as prices set a new record.
Real estate agents have sold more than 33,000 North Texas homes in the first four months of 2021.(Steve Brown )
6:00 AM on May 10, 2021 CDT
North Texas’ runaway housing market headed into the spring buying season with unheard-of increases in sales and prices.
Real estate agents sold 10,152 single-family homes in April 28% more than a year earlier. Condominium sales more than doubled.
And the median single-family sales price set a record at $325,000, 18% higher than in April 2020, according to the latest data from the Texas Real Estate Research Center and North Texas Real Estate Information Systems.
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Remarkable
By Anna Gallegos
Sorry Houston, but Dallas-Fort Worth is a more popular place to live.
The latest Census numbers show that the DFW population grew by 650,000 in the last five years, the
reported.
Around 80,000 people moved to the DFW area in 2020. These new migrants have helped make D-FW the fourth largest metro area in the United States behind New York, Los Angeles, and Chicago.
Houston dropped from fourth to fifth since its population didn t grow as rapidly as DFW s. Houston s 2020 population was 7.1 million people while DFW s was 7.6 million.
While there are definite perks to living in a big city - like endless entertainment and restaurant choices - the downside is rising rent prices.
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House hunters’ lament: Rising prices and scarce listings roil Dallas-area buyers
Putting a roof over your head has never been harder with fierce competition for homes.
Mackenzie Larch (left), a Realtor with Ebby Halliday, looks on as Kelsey Hand (center) and her husband Steven from Champaign, Ill., check out the kitchen at an open house at 1600 Commerce Drive in Plano on Thursday.(Stewart F. House / Special Contributor)
He’s still not willing to give up.
“I’ve made seven or eight offers,” said Muff, who’s renting in Addison. “I keep missing out.
“I’m going to keep looking. I’m tired of living in an apartment.”
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