In September, home prices rose slightly from the month before, with a median listing price of $442,500.
The number of listings on the market remained practically unchanged from last month, which is typical 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 September. And the most recent data shows that the price per square foot increased by 0.6% 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 September, there were 4,315 homes for sale in Dallas, which was 0.9% more than the month before and 14.1% more than the same time last year…