Denton County Sees Weakest Contract Activity in Over a Decade
Denton County experienced the worst October contract activity in over a decade. You'd have to go back to 2013 to see a slower housing market than what we experienced last month. Closed sales were down 18 percent year-over-year in Denton County. Pending contracts were down 26% from a year ago. Median Denton County home prices slid 1.7 percent from October of last year to $430,000. Average prices were roughly unchanged. Prices were slightly lower on a per square foot basis. Area home builders continue to churn out the incentives to move inventory. That's keeping a [...]
