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Home sales across North Texas cooled in November as rising inventory and longer market times continued to pull the Dallas\u2013Fort Worth housing market toward a more balanced \u2014 and more negotiable \u2014 environment.<\/p>\n
Single-family home sales totaled 5,934 across DFW, an 8% decline compared to November 2024, according to new data from the MetroTex Association of REALTORS. Total dollar volume fell more sharply, down 14% year over year to $2.84 billion, reflecting both slower sales activity and softening prices.<\/p>\n
The average sales price dropped 6% to $479,417, while the median price declined 5% to $375,750. The pricing pullback comes as buyers remain selective, affordability remains top of mind, and sellers face more competition from an expanding pool of listings.<\/p>\n
Inventory continued to climb across the region. Active listings increased 12% year over year to 29,185 homes, while new listings slipped 4%, suggesting sellers are entering the market more cautiously. Pending sales were essentially flat at 5,995, pointing to steady \u2014 but slower \u2014 buyer engagement.<\/p>\n
The market now sits at 4.1 months of inventory, a level that further confirms the shift away from the frenzied, seller-dominated conditions that defined much of the past several years.<\/p>\n
Homes are also taking longer to sell. Days on Market rose 18% year over year to 67 days, and sellers are increasingly negotiating on price. The sold-to-list price ratio dipped to 93.5%, signaling more frequent price reductions and concessions. Price-per-square-foot metrics softened as well, with the average PSF down 4% to $198.59 and the median PSF down 4% to $184.61.<\/p>\n
Johnny Mowad, 2025 president of the MetroTex Association of REALTORS, said the November data reflects a market where strategy matters more than speed.<\/p>\n
\u201cThis is a more balanced and thoughtful market than we\u2019ve seen in years,\u201d Mowad said. \u201cBuyers are taking their time, and sellers who price appropriately are still finding success. With inventory levels improving, Realtors are helping consumers navigate opportunities on both sides of the transaction with confidence and local expertise.\u201d<\/p>\n
While sales activity has slowed, MetroTex noted that North Texas continues to benefit from long-term fundamentals, including population growth, job expansion, and sustained housing demand. Those factors are expected to support market stability as the region heads into 2025 \u2014 even as pricing and pace continue to normalize.<\/p>\n
MetroTex, founded in 1917, represents nearly 40,000 real estate professionals across North Texas and is one of the largest Realtor associations in the country.<\/p>\n","protected":false},"excerpt":{"rendered":"Home sales across North Texas cooled in November as rising inventory and longer market times continued to pull…\n","protected":false},"author":2,"featured_media":92796,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[102,104,103,6358,21012,43538,43539],"class_list":{"0":"post-92795","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-dallas","8":"tag-dallas","9":"tag-dallas-headlines","10":"tag-dallas-news","11":"tag-housing-market","12":"tag-inventory","13":"tag-johnny-mowad","14":"tag-metrotex"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/92795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=92795"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/92795\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/92796"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=92795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=92795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=92795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}