The D-FW housing scene is continuing its transition from a booming seller’s market to something more balanced, but sales are slowing, and fresh headwinds stand to put a check on homebuyers.
Housing reports for the month of February show a 2.2% year-over-year decrease, bringing the median price to $385,000 across the North Texas area — see all the counties included — according to the MetroTex Association of Realtors. Listings were up 7.3%, and the months of inventory increased from 3.6 to 3.9. January also saw the median price come down some (2.9%) as listings ticked up (3.7%).
The Metroplex also posted another consecutive month of year-over-year decreased sales, with successful closings going down 6.6% last month. In January of this year, closed sales dropped 5.8%. Listings also stayed on the market longer, averaging 108 days in February.
Prospective buyers are finding a less punishing environment with more home options and opportunities to negotiate listing prices down. This follows a year of creeping transition in the area, with the Texas Realtors’ recently published 2025 Real Estate Year in Review clocking a 2.1% dip in median price in the narrower Dallas-Fort Worth-Arlington metro. While D-FW and some of the other biggest markets in the state saw prices soften last year, listings elsewhere around Texas continued their upward march, resulting in an overall 1.2% decrease for the year.
“Some markets where prices jumped quickly a few years ago are now dipping a bit, while other areas that had a slower rise are still going strong,” said Jennifer Wauhob, chair of Texas Realtors. “It is crucial to know your own market and base decisions on hyper-local information.”…