Dallas-Fort Worth pre-owned home sales fall 24%

North Texas pre-owned home sales dived by almost a quarter in May compared to a year earlier.

But even with the big decline, median prices were down only a fraction, according to statistics released Monday.

Real estate agents sold just under 6,000 pre-owned single-family homes last month, Texas A&M University’s Real Estate Center and the North Texas Real Estate Information Systems reported. It was the lowest home sales total for the month since 2000.

Through the first five months of 2009, pre-owned, single-family home sales in North Texas have fallen by 24 percent from the same period of last year, and condo sales are off 33 percent.

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