Texas Housing Insight March 2023 Summary
Construction had a great March as it made monumental leaps over February. Meanwhile, active listings dropped as sales continued to rise. Days on market (DOM) increased for yet another month, conflating with the fact that demand is slowing though still trending upward. However, too few existing homes are being put on the market to fill […]
April 2023 DFW Area Real Estate Stats
https://youtu.be/u4O74wB4bwE In April, active listings have increased across all counties compared to last year. However, the demand is outpacing supply, and we need more inventory to meet the growing needs of homebuyers. Excitingly, the average price is slightly down from last year across our area, offering potential savings for home seekers. Moreover, days on market […]
Texas Housing Insight February 2023 Summary
February’s housing market shows 2023 has returned to normal seasonal trends, something not experienced since 2019. Housing sales are back on trend with increases for the month, as are construction starts and permits. Rebounding to pre-pandemic levels means sales and construction activity are still decreased compared with the previous two years. This is likely due […]
March 2023 DFW Area Real Estate Stats
https://youtu.be/XgzyF1IXLN0 March 2023 stats are in and we have the numbers! The North Dallas real estate market is seeing some interesting trends! Active listings in Collin, Denton, and Rockwall counties are up over 50% from last year, while the price per square foot has fallen across all counties. This means there are more options available […]
Texas Housing Insight January 2023 Summary
January home sales increased month over month (MOM), but it was the slowest start since January 2017, a far cry from January levels from both 2021 and 2022. Other housing metrics, such as median price and inventory, may be showing early signs of stabilizing with only minor changes in recent months compared with the major swings […]
February 2023 DFW Area Real Estate Stats
Attention home buyers and sellers! The February real estate stats are in and it’s important to stay informed. Active listings are up in every county compared to last year, providing more choices for home buyers. However, days on market are also up in every county, indicating a more competitive market for sellers. In Dallas County, […]
January 2023 DFW Area Real Estate Stats
https://youtu.be/KTSrI2Ir5TA January 2023 stats are in! In January 2023, new listings are up in all North Texas counties that we report on over December 2022 so the much-needed inventory is coming to market. Active listings are up across the board compared to this time last year ranging from 71% increase in Dallas County to 195% […]
Texas Housing Insight December 2022 Summary
Housing was one of the primary contributors to inflation in 2022. The pandemic-induced housing frenzy officially ended when the Federal Reserve began raising interest rates in June in an attempt to curb inflation. Since then, mortgage rates and the possibility of a recession sidelined many potential buyers. Demand in Texas plummeted as annual housing sales […]
2022 DFW Real Estate Year-End Stats at a Glance
https://youtu.be/2AHlyccAhBQ Our second annual stats report of the DFW real estate market is here! We’ve taken our monthly stats-at-a-glance reports from January through December of 2022, totaled, averaged, and compared the data to the numbers from 2021. The result is an annual report of the DFW real estate market in 2022. For more stats information, […]
December 2022 DFW Area Real Estate Stats
https://youtu.be/R2ic4t1O3fU December 2022 Stats are IN! Collin county shows an increase in all categories except number of sales compared to December of ’22. Dallas County’s new listings for December were down 22% compared to last year, but active listings were up considerably from where they were a year ago. The average sales price was even […]
