Current Market Data
“While the improvement in days on market last month is encouraging, the decline in pending sales is also consistent with seasonality,” HomesUSA CEO Ben Caballero explained.
Curb appeal is important to today’s homeowners — that is, they want the exteriors of their homes to appeal to their own preferences and sensibilities rather than those of potential buyers.
Given Texas’ average home size, buyers in the state pay an average price per square foot of $210.
The triennial survey of 2,000 American residents from the 50 largest metropolitan areas, the National Association of REALTORS® Community and Transportation Preference Survey, found buyers and residents prefer more housing options and communities designed for easy access.
Closed home sales increased 6.5% year over year in Dallas-Fort Worth in June, according to the latest Housing Report from the MetroTex Association of REALTORS®.
The annual and monthly declines of 0.3% and 5.4%, respectively, do not fully capture the geographic variability of market performance.
“The region’s housing market is looking great this year,” President Shawn Buck said in a press release.
The median sales price of a home hit an all-time high of $440,600.
Looking ahead, Cotality expects home prices to rise 4.8% between May 2026 and May 2027.
Nationally, the median list price slipped 2.4%, marking the eighth month in a row of declines.
The uptick was driven by a slight dip in mortgage rates.
S&P Dow Jones Indices noted that inflation outpaced national home-price appreciation for the 11th month in a row.
The increase was driven by refinancing activity as purchase applications dipped.
May brought a flurry of activity to the Dallas-Fort Worth market as new-home sales surged.
With everything from housing to gas to event tickets costing more, it may be impossible for fans to put a price tag on the joy of attending a once-in-a-lifetime World Cup match hosted in their hometown.
Existing-home sales and the median home price are forecast to rise 4% this year, according to the National Association of REALTORS® Chief Economist Lawrence Yun.