May housing numbers for North Texas have been released by the MetroTex Association of REALTORS.
Rochelle Mortensen with the group said Monday in a press release that single family home sales reached 9,484 last month, up six percent from 2014 and marking a record high. The average home price was $271, 676 — nearly $7,000 higher than April and an 8 percent increase from last year.
More than 35,212 homes were sold in May, and nearly 40 percent cost between $200,000 and $400,000.
The group also release a top 10 list of the hottest markets in North Texas:
- Grand Prairie
- South Fort Worth (Everman and Forest Hill)
- Southeast Arlington
- The Colony
- Fort Worth (Summerfield and Park Glen)
- Anna ISD area
Mortensen says Southeast Denton County had the highest volume of sales, beating other areas by 25 percent or more.
Read original article at WFAA Channel 8.