As we close the chapter on 2024, North Texas has proven once again why it’s a shining star in the real estate world. With an increase in listings, steady price appreciation, and a growing reputation as the top market for real estate investment, the Dallas-Fort Worth area has solidified its place as a powerhouse. Let’s reflect on how we rounded out 2024 in key counties of North Texas.
Collin County experienced a 39.5% increase in active listings, 18.1% growth in new listings, and a 12.1% rise in closed sales over December 2023. The average sales price dropped down 1.1% to $561,938, and the average days on market increased by 26% to 63 days.
Dallas County recorded a 10.3% rise in new listings, 9.9% growth in closed sales, and a 29.5% surge in active listings from a year ago. The average sales price climbed 15.4% to $590,049, with the average days on market increasing to 54 days, up 31.7%.
Denton County saw significant growth, with active listings rising 29.7%, new listings up 21.4%, and closed sales increasing by 14.6%. The average sales price rose by 5.8% to $580,487, and the days on market increased to 58 days, up 7.4%.
Rockwall County posted a 28.1% jump in active listings, an increase of 13% in new listings, and a 7.1% rise in closed sales. The average sales price climbed 15.8% to $556,204, while the average days on market rose to 87 days, up 19.2%.
Tarrant County experienced a 16.7% rise in active listings, a 4.5% increase in new listings, and a 7.6% growth in closed sales. The average sales price rose by 4.6% to $443,756, while the average days on market increased by 18.8% to 57 days.
As we step into 2025, the North Texas real estate market stands poised for what could be a transformative year. According to the Emerging Trends in Real Estate, a trends and forecast publication, undertaken jointly by PwC and the Urban Land Institute , the DFW Metroplex was recently named the nation’s top spot for real estate investment and development for 2025. Only time will tell how this year will play out, but one thing is certain: North Texas remains a beacon of opportunity and promise. At Republic Title, we’re excited to navigate the possibilities with you, offering expertise and guidance every step of the way. Let’s see what 2025 has in store!
Our stats infographics include a year over year comparison and area highlights for single family homes broken down by county. We encourage you to share these infographics and video with your sphere.
For more stats information, pdfs and graphics of our stats including detailed information by county, visit the Resources section on our website at DFW Area Real Estate Statistics | Republic Title of Texas.
For the full report from the Texas A&M Real Estate Research Center and for NTREIS Local Market reports click here.
