Denton Real Estate Market Extends Downward Trend in Home Sales

Sales numbers in the Denton market remain the same with 128 homes sold over the last 30 days and the market still shows an identifiable trend downward overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price dropped to $228,950 over the latest reporting period for Denton, down from $230,950. In spite of sales trending lower, there are only two months of inventory available, which signals that Denton is a still solid seller's market.

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Demographic facts for Denton:

  • The rating for this area for population growth is 98. (Scale: 1 = Worst, 100 = Best)
  • This area has 125.4 physicians per 100,000 people.
  • The health cost index score in this area is 100.9. (100 = national average)
  • Residents who travel to work by car account for 75.9% of all commuters, while carpools account for 12.3%, and public transit makes up 0.9%.

Data reported through 10/12/2016

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Justin Henry Real Estate Advisors LLC
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Glazier Group Texas Realty
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