Jun 13, 2014

Homes Sales Report for North Texas June 2014

The residential sales statistics from the North Texas MLS system shows how 2014 continues to see outstanding dollar volume. In May 2014 our sales total of $2.28 billion was the highest single sales month ever recorded in North Texas.

The May 2014 dollar volume was 6% better than May 2013. Average prices were up 7% while the number of actual transactions was down by 1%. The low inventory of single family homes continues to push prices up, and that reduced inventory is also responsible for fewer transactions closing.

Click on the chart for a closer look.

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