Texans had more options when shopping for homes during the first quarter of 2025, according to Texas REALTORS’® first Quarterly Housing Report of the year. That boost pushed the state into balanced market status, the association said.

Active listings increased an average of 30.7% across all markets in Texas.

In Dallas-Fort Worth, meanwhile, active listings increased 36.1% year over year, with 28,829 properties on the market. Supply grew even more drastically in McAllen, where active listings rose 38.8% year over year.

Sales decreased statewide, however. Closings fell 1.5% year over year, with 70,944 homes sold statewide during January, February and March.

“Buyers had more opportunities and a little more breathing room to consider their options in the first months of this year compared to last year,” Christy Gessler, chairman of Texas REALTORS®, said in a press release. “But prices and sales did not shift much in either direction in most Texas markets.”

The median home price rose in 18 markets across the state and fell in eight. Days on market, meanwhile, increased in 23 markets and declined in three.

In Dallas-Fort Worth, the median price rose just 0.5% to $392,000, while days on market increased to 99 — 10 days more than in the first quarter of 2024.

Given the rate of sales, Texas had a 4.8-month inventory in the first quarter, up from 3.7 months a year prior. That’s a good indicator of a balanced market, where neither sellers nor buyers have the upper hand.

Inventory was slightly higher in Dallas, at 4.9 months. That level was up one month year over year.