Active listings are up across the board with an increase of over 100% in Collin, Dallas, Denton, Rockwall and Tarrant counties compared to last year. It will come as no surprise that the average days on market has also increased in these counties over last year’s market. The number of sales in November has declined around 30% in each of the counties we report on compared to November 2021.
Although the real estate market is changing, North Texas continue to be one of the leading markets across the nation as we head into 2023. The National Association of REALTORS recently ranked the Dallas – Fort Worth – Arlington market as the #3 real estate market to watch next year.
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.