Dollar Volume Since 2007
April was another strong month for North Texas housing, with dollar volume up 20% over last April. That year-over-year dollar volume change was caused by an increase of 11% in volume and an 8% increase in average price of homes sold. In fact, this April was the 3rd highest dollar volume of NTREIS April home sales of all time (only 2006 and 2007 were better). To be fair, this stat should improve each year as North Texas population grows, but it’s good to be back on that track!
The price per square foot was up 6% in April (versus April 2011), so it does appear that there is finally some good, old-fashioned price appreciation to go along with the skewing effect of the change in the housing mix.
This blog post is provided to you by Your Frisco Realtor® of NickWaltonRealtor.com
Providing Real Estate services for the cites of Frisco, Plano, McKinney, Allen, Little Elm, Prospre, Celina & North Dallas.
Nick Walton, Realtor®
JP & Associates Realtors®
Cell / Text 469-556-2393
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