Active listings in the Metroplex jumped 40.4% in January, creating a more balanced market, according to the latest Housing Report from the MetroTex Association of REALTORS®.

There were 26,888 total properties on the market last month, and 5,327 home sales. Given that rate of sales, the Metroplex had a 3.5-month inventory, up 0.2 months from December and 0.9 months year over year.

The typical home spent 102 days on the market: 69 days for sale, plus 33 days to close.

Meanwhile, the median price crept up 1.8% year over year to $389,900. In December, the median home price was $400,000.