"Dreaming of You" debuted at number one on the US "Billboard" 200 chart, and sold more than 331,000 copies in its first week. Selena became the first Hispanic singer to have an album, mostly in Spanish, to debut at number one. It went on to become the second-highest-selling debut album, behind Michael Jackson. On the date of release, "Dreaming of You" sold 175,000 copies, which helped Selena to become the second-fastest selling female artist, behind Janet Jackson. "Dreaming of You" had mixed to positive reviews from music critics, who many believed if Selena was alive to further promote the album, that it would have performed better on music charts globally. "Dreaming of You" won several awards including every award it was nominated at the 1996-98 Tejano Music Awards and the 1996-97 Premio Lo Nuestro awards.