Here is a look at the unbelievable 2012 performance of home sales in from NTREIS ( North Texas Real Estate Information Services - also known as our local MLS). November 2012 dollar volume of sales was $1.171 billion, which was 32% higher than last November and was the second highest November dollar volume ever (behind only November 2005). This 32% increase was due to 18% higher transaction volume and 11% increase in average sales price.
The good folks at Hexter Fair Title put this chart together for us and we're all interested in watching whether this growth can continue. Most experts have been tagging 2013 as the come-back year for quite some time. But we'll wait to see what the uncertainty in Washington brings. Whatever happens, Texas continues to lead the country in real estate sales.