Dallas-Fort Worth home prices were up 8.5% in the 3rd quarter, compared to the same period last year, according to the National Association of Realtors. Home prices were up in 87% of the 170 U.S. cities included in the price comparison.
Almost two dozen U.S. markets saw double-digit appreciation in third-quarter. The biggest increases were in Florida, including the Tampa area (up 20.7%), Punta Gorda (up 19.7%) and Naples (up 16.8%).
Among the major Texas markets, Dallas-Fort Worth had the biggest home price hikes, followed by Austin (7.4%), Houston (7.3%) and San Antonio (6.9%).
The North Texas median sales price for a single-family home reached $210,000 in the 3rd-quarter report. That compares with a nationwide price of $229,000 in the same period.
To determine what your North Texas home is worth, contact an Ebby Associate today. It’s easy to find the right agent for your residential real estate needs at the award-winning ebby.com.