"In October, home prices rose moderately from the month before, with a median listing price of $447,000. The number of listings on the market remained practically unchanged from last month, but it is a smaller increase than normal for this time of the year in Dallas, and homes are also selling slower than at the same time last year. Typically, home price per square foot in Dallas tend to rise in October."
"In October, there were 4,337 homes for sale in Dallas, which was 0.5% more than the month before and 12.3% more than the same time last year. Meanwhile, active inventory across the nation remained practically unchanged from last month to 1,100,001. The number of new listings in Dallas was 1,254, which was 11.3% less than the month before and 4.6% less than the same time last year. Nationally, the number of new listings fell by 2.7% from last month to 384,264."
"Homes in Dallas take an average of 59 days to sell, according to October figures. This is the same as the previous month and seven days more than the same month last year. For comparison, nationally homes spent an average of 63 days on the market in October. Use the Realtor.com data portal to get more market data, broken down by state, metro or ZIP code. * Here's a live look at popular listings and recent home sales in Dallas, TX."
Median listing price in October was $447,000, reflecting a moderate month-over-month increase. Listing counts remained practically unchanged from the prior month, a smaller seasonal increase than normal, while homes sold more slowly than a year earlier. Price per square foot in Dallas remained practically unchanged month-over-month, while national price per square foot decreased 0.8%, indicating Dallas outpaced the national market. Inventory in Dallas totaled 4,337 homes for sale, up 0.5% month-over-month and 12.3% year-over-year. New listings in Dallas numbered 1,254, down 11.3% month-over-month and 4.6% year-over-year. Average time on market in Dallas was 59 days, compared with a national average of 63 days.
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