Dallas-Fort Worth home prices continue to rise at a rapid pace, as demand remains strong while inventory in the region vanishes.
Just 2,418 homes were up for sale in March across North Texas.Dallas-Fort Worth home prices continue to rise at a rapid pace as demand remains strong and inventory in the region vanishes, with suburban counties seeing the most dramatic changes in price.
of $521,100. Dallas, Denton, Kaufman and Rockwall counties also saw gains of more than $10,000 in just a month, according to the MetroTex Association of Realtors.to a record $380,000 in March. The largest annual gains last month were in Collin County, with its median up 37% from a year ago to $540,000; Denton County, up 25% to $339,000; and Tarrant County, up 23% to $350,000.
Denton County saw its number of active listings drop 32% year over year to 782 in March. Dallas County saw the sharpest fall, down 39% to 1,750 homes. Tarrant saw inventory decline 19.4% to 1,641 homes on the market, with Rockwall’s supply down 7.7%.
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