In October, home prices rose moderately from the month before, with a median listing price of $447,000.
The number of listings on the market remained practically unchanged from last month, but it is a smaller increase than normal for this time of the year in Dallas, and homes are also selling slower than at the same time last year.
Home prices in Dallas
Typically, home price per square foot in Dallas tend to rise in October. And the most recent data shows that the price per square foot remained practically unchanged compared with the month before.
So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 0.8%, which means price changes in Big D are outpacing the national market.
Dallas inventory
In October, there were 4,337 homes for sale in Dallas, which was 0.5% more than the month before and 12.3% more than the same time last year.
Meanwhile, active inventory across the nation remained practically unchanged from last month to 1,100,001.
The number of new listings in Dallas was 1,254, which was 11.3% less than the month before and 4.6% less than the same time last year.
Nationally, the number of new listings fell by 2.7% from last month to 384,264.
Time on market
Homes in Dallas take an average of 59 days to sell, according to October figures.
This is the same as the previous month and seven days more than the same month last year.
For comparison, nationally homes spent an average of 63 days on the market in October.
Use the Realtor.com data portal to get more market data, broken down by state, metro or ZIP code.
* Here’s a live look at popular listings and recent home sales in Dallas, TX.