Rental Market

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 [...]

Denton County Rental Market Remains Hot In 2018

The Denton County rental market is still running hot in 2018. April closings of rentals in Denton County show a 20 percent increase so far compared to the same time last year. Year-to-date figures for the DFW housing market also show strong activity in the rental market. Your typical rental home in Denton County cost a little over $1900 per month in April. That translates to a cost per square foot of $94, in line with the average price per square foot for the DFW area. While total rent prices may be higher, the price per [...]

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