"The market data signals a balanced but cooling market. North Texas inventory continued to grow last week, reaching 2.52 months of supply. That's higher than many other major metros and offers buyers more breathing room. The median listing price for purchased homes was $389,000, while homes spent a median of 70 days on the market, suggesting sellers are having to stay patient as the market rebalances."
"HW Data shows 10,179 rental units available across the metro at a median rent of $2,345. The volume of rental listings underscores the region's robust population growth and job-driven housing demand. Many renters remain on the sidelines waiting for mortgage rates to stabilize before entering the for-sale market. For agents and lenders, Dallas represents an opportunity-rich environment where balanced conditions allow for strategy and preparation."
HW Data recorded 2,850 single-family home sales across the DFW metroplex last week, reflecting steady activity despite a slower pace. North Texas inventory rose to 2.52 months of supply, offering buyers more breathing room compared with many major metros. The median listing price for purchased homes was $389,000 and homes spent a median 70 days on market, indicating greater seller patience. New listings totaled 1,854 at a median $399,000, while about 28% of active listings recorded price decreases, below statewide and national rates. Rental availability totaled 10,179 units with median rent $2,345, supporting strong population and job-driven demand. Agents and lenders can focus on realistic pricing, staging, and flexible loan products.
Read at www.housingwire.com
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