Inventory continues to rise in DFW as home sales decrease

by Emily Marek

October's median home price was $379,000 — down 1.6% year over year and down just slightly from September’s median of $379,900. (via MetroTex Association of REALTORS®)

The Dallas-Fort Worth Metroplex reached a housing supply of 4.6 months in October, according to the MetroTex Association of REALTORS®. That was up from 4.5 months a year ago.

Active listings in the area increased 0.3% year over year to 34,941 as closed home sales declined 15.6%, with 6,377 closings during the month.

The median price for those homes was $379,000 — down 1.6% year over year and down just slightly from September’s median of $379,900. A plurality of homes (25.7%) fell into the $300,000 to $399,999 price range.

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