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October 2022 DFW Area Real Estate Stats

October 2022 Stats are IN!

In Collin and Denton counties, all arrows are pointing up in the areas of new listings and active listings with active listing seeing an increase of over 100% in both counties compared to last year. It will come as no surprise that the average days on market has also increased in these counties over last year’s market. What we are all seeing in the news is reflected in the number of sales in October which has declined between 25 and 30%.

In Dallas and Tarrant counties, we are seeing similar trends, however, new listings are down by about 10% in both counties. Active listings are down 39% in Dallas County and up 82% in Tarrant County. Average sales prices are up 16.7% in Dallas and 14.2% in Tarrant. Again, the number of sales is down by approximately 30% in both of these counties.

Our stats infographics include a year over year comparison and area highlights for single family homes broken down by county. We encourage you to share these infographics and video with your sphere.

For more stats information, pdfs and graphics of our stats including detailed information by county, visit the Resources section on our website at DFW Area Real Estate Statistics | Republic Title of Texas.

For the full report from the Texas A&M Real Estate Research Center, click here. For NTREIS County reports click here.

DMN

Dallas Morning News Top Workplace

Republic Title is excited to announce that we were named the #2 Best Midsize Company in Dallas by The Dallas Morning News!

In addition to ranking on the Top Workplace list for the 9th year in a row, our team won a special award for Best Execution for ranking higher than any other company on the statement: At this company, we do things efficiently and well.

Read more about what makes Republic Title a Top Workplace here: Republic Title of Texas Inc. (dallasnews.com)

 

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November Landscape & Gardening Tips & To-Do’s

Need help planting a successful garden or landscape? Here are some November planting tips from the Dallas Arboretum horticulture staff and the Dallas County Master Gardeners that can help keep your home garden looking beautiful this Fall. Tree and shrub planting should be your focus in November.

  • Continue planting trees and shrubs now while they are becoming dormant so they can establish roots during winter. An application of root stimulator will help get them started.
  • Transplant trees and shrubs in your landscape now. Give them a large enough root ball when transplanting to avoid root damage.
  • Dig and divide spring blooming perennials now so their roots can get established before spring.
  • Prune back fall-blooming perennials to produce healthy, bushy plants next spring.
  • Plant narcissus and pre-chilled tulips toward the end of the month.
  • Plant pansies, dianthus, kale and other winter annuals, as well as cool season veggies such as broccoli and cabbage.
  • Fertilize annual color with a complete, water soluble fertilizer.
  • Mulch new plantings to help retain moisture and insulate roots against cold temperatures.