The median home price increased 1.5% to $395,000 in Dallas-Fort Worth last month, according to the latest Housing Report from the MetroTex Association of REALTORS®.

Meanwhile, 27.7% of homes sold — the highest market share — fell in the $300,000 to $399,999 price range.

Closed home sales declined 4.4%, with 6,362 closings during February. The typical home stayed on the market for 100 days, including about one month to close. That’s a week higher than in February 2024.

Given the rate of sales, the Metroplex had a 3.6-month housing supply, just shy of the inventory rates typically seen in a balanced market (about four to six months).