It’s not just Dallas and northern suburbs where homes are notably appreciating and sales are “fly-off-the-market” fast. Arlington, Grand Prairie, and Mansfield showed substantial increases last month in both home prices and sales, according to a new report from the Arlington Board of Realtors.
Arlington home sales increased 9 percent, Grand Prairie’s increased 9 percent, and Mansfield home sales increase a whopping 36 percent in March 2016. Home prices increased in all markets, as well.
“We continue to be in a strong real estate market, as the numbers show,” said Tim Beary, 2016 Chairman of the Arlington Board of Realtors.
The numbers for homes sold, median price, monthly housing inventory, average number of days on the market, and active home listings were all notable in these three DFW markets.