Is Living in Dallas Fort Worth Right For You? Find Out Here!
Each month, we provide valuable insights about the Dallas, Fort Worth, Texas, housing market. Stay informed with our regular updates to understand how the market is doing and make informed investment decisions. Our analysis includes data that can directly affect your assets. We also highlight the best-performing cities in the Dallas Fort Worth metro area and shed light on the lagging ones. Trust us to help you navigate the housing market successfully.
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Dallas Fort Worth Texas Annual Housing Market Trends
The charts below represent 12 months of data for the Dallas Fort Worth housing market, so are year over year analysis from the most recent completed month of the current year, and compared it to the previous 12 month period that ended in the same month. This is a smoother view than the monthly charts below.
Dallas Fort Worth Current Monthly Housing Market Trends
Below are the most current monthly Dallas Fort Worth Texas housing market statistics found in the MLS system here in the Dallas Fort Worth metro area. As the real estate industry continues to flourish, these statistics prove to be vital in assessing the pulse of the housing market. In an effort to provide a comprehensive snapshot, we share the nine most used metrics that enable potential buyers and sellers to gauge the overall state of the market. By reviewing these statistics, both individuals looking to invest in properties and those considering selling their homes can make informed decisions and navigate the ever-changing Dallas, Texas, housing market with confidence. We also have a page dedicated to KEY ECONOMIC FACTORS that also affect the housing market that will also advise how the housing market may react in to the near and long term timeframes.
Dallas Fort Worth Median Sales Price
Sales Price calculations are based on sold data. Prices do not account for seller concessions. The median represents the point at which half of the homes that sold in a given month were priced higher, and half were priced lower. Average is the mean sales price for all closed sales in a given month
Dallas Fort Worth Percent of Original Price
Percent of Original List Price is the percentage found when dividing a listing's sales price by its original list price, then taking the average or median for all sold listings in a given month, not accounting for seller concessions. Calculations are based on sold data.
Dallas Fort Worth Closed Sales
Closed Sales is a count of the actual sales that have closed in a given month. Calculations are based on sold data.
Dallas Fort Worth Median Days on Market
Days on Market are the median or average number of days between a property's listing and an offer's acceptance in a given month. Calculations are based on sold data.
Dallas Fort Worth Median Price P/SqFt
Price per SqFt calculations are based on sold data. Prices do not account for seller concessions. The median represents the point at which half of the homes that sold in a given month were priced higher, and half were priced lower, divided by the number of finished square feet. Average is the mean sales price for homes sold in a given month divided by the number of finished square feet.
Dallas Fort Worth Months of Inventory
Months' Supply of Inventory is the active inventory vs. the last 12 months of homes deemed under contract. It is also known as the absorption rate.
Dallas Fort Worth Inventory of Homes For Sale
Homes for Sale is the number of properties available for sale in active status at the end of a given month. Also known as inventory.
Dallas Fort Worth New Listings
New Listings is a count of the properties that have been newly listed on the market in a given month.
Dallas Fort Worth Pending Sales
Pending Sales is a count of the properties on which contracts have been accepted in a given month.
Services
Buyer Consultation
Are you in the market for your next house? We can sit down, discuss goals, and develop a unique strategy for this competitive market. There’s a lot that goes into a home purchase, and I can help!
Seller Consultation
Whether you’re looking to sell later this year or later this month, I can provide an actionable step by step plan geared specifically for your home and your goals.
Staging
When you work with me to sell your home, I’ll make sure that your home is ready for it’s close-up with my photographer and the buyers. My approach is simple, but it will save you time and money.