Denton County’s housing market remained steady in May, with modest price growth, stable inventory and continued buyer activity signaling a balanced market despite economic uncertainty.
According to the Greater Fort Worth Association of Realtors, the county’s median home price rose 3.2% year over year to $464,500 in May. Active listings increased 1.4%, while closed sales climbed 1.7%, indicating steady demand from buyers. Months of inventory remained unchanged at 4.6 months, a level generally considered balanced between buyers and sellers.
“The leveling out of the region’s housing market is a great economic sign,” GFWAR President Shawn Buck said. “A stable market strengthens our region and allows first-time homebuyers to be more confident in finding a home and making a reasonable offer that will be accepted.”…