Current Market Data
Closings also decreased 2.5% year over year. Approximately 27% of all homes sold during the month fell in the $300,000 to $399,000 range.
T3 Sixty said the difference between real estate agents who subscribe to MLSs but are not Realtors and Realtor-subscribers hit 25%, the highest on record.
Using data from the U.S. Census Bureau, the real estate market research company studied 20 of the largest U.S. metros by population. Their findings showed that many suburbs, including several around Dallas, have recently shifted to majority-renter populations.
In addition to a low crime rates and low traffic fatality rates, the Dallas-area suburb offers good options for childhood education, with over 55% of local schools having at least a seven out of 10 ranking.
The Northeast and Midwest remained strong, while Florida, which saw a major runup in prices in recent years, continued to cool.
The top four most expensive homes listed in Texas last month are located in the Dallas-Fort Worth Metroplex.
The 6.3% month-over-month decline was the steepest the U.S. market has seen since September 2022.
In Dallas, home prices inched up 0.19% year over year and 0.52% month over month in March.
New data released by CoreLogic/Cotality, and examined by noted industry researcher Mike DelPrete, contradicts this commonly held notion, however, and shows that the ratio is actually closer to 65/20.
The median-sales price was $440,000, up 2.3% year over year and 1.2% month over month.
The association noted, however, that 90% of the responses to its survey tracking homebuilder sentiment were received before the announcement of a 90-day reprieve in U.S.-China tariffs.
Driven primarily by the construction boom during the pandemic, the housing market has seen some improvements in affordability, but homes remain out of reach for many would-be buyers.
Given the rate of sales, the city had a 3.8-month inventory. That means it’s still a seller’s market in Fort Worth, GFWAR said.
The median home price decreased 1.2% year over year to $400,000.
The most recent Weekly Mortgage Applications Survey shows homebuyer activity continued despite the economic uncertainty.
HomeSmart’s yard signs will now have QR codes and NFC (Near Field Communication) tags allowing home shoppers to access property details.
