Closed home sales increased 7.5% annually in Dallas-Fort Worth in April as the median home price declined 2.3% to $390,000, according to the latest Housing Report from the MetroTex Association of REALTORS®.

Buyers closed on 8,761 homes during the month. Over a quarter of those homes — 26.4% — fell in the $300,000 to $399,999 range.

The typical home took 93 days to sell: 61 days on market, plus 32 days to close.

Active listings were statistically flat, with 32,877 properties on the market in April. Given the rate of sales, the Metroplex had a 4.3-month inventory, unchanged from a year prior.