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Denton County Home Sales Slide 7% In August

Denton County home sales continued to stagnate in August, sliding 7 percent from the same time last year. Denton area home sales declined a bit more than the DFW area as a whole during August,  likely due to the higher average price points in Denton County. The average price of a Denton County home in August posted at $362,872, almost $50,000 higher than the greater DFW area. Pending sales for August are poised to be down double digits in Denton County, even while inventory creeps higher. With home buyers are looking for affordable housing options, [...]

Denton TX Home Sales Hit The Breaks In July

Denton TX home sales hit the breaks in July. It would appear that the summer selling season peaked a little sooner than normal in the Denton County area this year. It looks like both the city of Denton and the greater Denton County area saw home sales volume peak in June. Closed home sales in the city of Denton are off by 20 percent according to preliminary stats this morning. Pending home sales in Denton are off by 10 percent. Denton County looks like it will squeak out a 1 percent sales increase for July, [...]

By |2018-09-21T09:28:46+00:00August 12th, 2018|Denton TX Real Estate, Economy, Texas Real Estate|0 Comments

Denton Home Sales Soar In June As DFW Sales Swoon

DFW home sales fell in June with the diminishing supply of affordable homes. Home prices are still rising in many DFW submarkets, but sales are cooling in the more expensive submarkets. NTREIS stats reflect a sales decline of roughly 3-4 percent in June in the Dallas-Fort Worth area compared to the same month last year. The same held true in Denton County where sales also fell 3-4% compared to last year. The city of Denton bucked the trend in June with a 30 percent sales gain in June. How? In a word, it was all [...]

Denton County Home Sales Edge Higher In May

Denton County home sales edged up slightly during May with closed sales rising roughly 3 percent compared to a year ago. Sales of new construction were a bit softer than resales during May due to inventory mixes. The city of Denton saw home sales rise by almost 11 percent in May as lower average price points continued to boost activity. With the Federal Reserve poised to hike rates again this week, it's all about interest rates and affordability. The greater DFW area saw relatively flat home sales volume in May. Although new home builders were [...]

Denton County Home Sales Flat In April Amid Higher Mortgage Rates

Denton County home sales were relatively flat in April compared to the same month in 2017. Preliminary sales figures show a 1 percent decline in closings within Denton County compared to a two percent sales gain in the larger DFW area. Average home prices in Denton County were up 7.5 percent compared to last year, in line with the record high prices seen in recent months. Pending sales, a more forward-looking indicator of future closings also point to some stagnant sales activity ahead. Pending sales in Denton County show to be up 2.7 percent while [...]

Dallas Morning News Circulation Decline Might Reflect Quality Of Content

The circulation decline at the Dallas Morning News during the last few years might have something to do with the quality of the content. This is just the opinion of your humble blogger. According to Statista, the circulation of the DMN dropped in each of last three years for both daily and Sunday papers. Circulation of Dallas' largest paper still edges out the Houston Chronicle, but that's not saying much. While the number of readers of both papers is significantly higher, it appears fewer people are paying for the old print newspaper. Looking a the [...]

Denton County Home Prices Hit New High In March As Sales Cool

Denton County home prices hit a new record high in March with the average price of a Denton County home posting at just over $360,000. Median home prices for Denton County also hit a new all-time high rising to almost $320,000. That was a jump of 8 percent from March of last year. While home prices throughout the DFW area were hitting new highs at the end of the first quarter, actual closed sales of homes declined 5 percent in March. Denton County saw a similar 5 percent decline in home closings for the month. [...]

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