North Texas Home Sales Rise in March as Inventory Expands and Prices Moderate
March sales data showed 7,750 single-family homes were sold in North Texas 2026, a 6% increase compared to March 2025. Total dollar volume reached $3.89 billion, up 5% year-over-year, reflecting continued demand as the spring market gains momentum.
The average home price declined slightly by 1% to $502,255, while the median price decreased 3% to $388,495, indicating modest price softening as inventory levels grow. Price per square foot also trended downward, with the average price per square foot at $203.51 (down 2%) and the median price per square foot at $186.35 (down 3%).
Homes spent more time on the market, with Days on Market (DOM) increasing 11% to 71 days. The sale-to-list price ratio averaged 94.7%, suggesting buyers continue to gain negotiating leverage in a more balanced market environment.
Inventory levels showed continued improvement:
- New listings decreased 3% to 12,984
- Pending sales increased 3% to 8,496
- Active listings rose 3% to 27,622
- Months of inventory reached 3.8 months
The increase in active listings and months of inventory signals continued normalization across the North Texas housing market, offering buyers more choices while maintaining steady transaction activity.
“March data reflects a healthy spring market taking shape across North Texas,” said Franceanna Campagna, 2026 Chair of MetroTex. “While home prices have moderated slightly, sales activity is up and inventory continues to build. Buyers are benefiting from more options and negotiating power, while sellers are seeing continued demand—especially when homes are priced appropriately.”
MetroTex notes that March typically marks the beginning of the peak homebuying season. With rising inventory, steady demand, and modest price adjustments, the North Texas housing market is trending toward a more balanced and sustainable environment compared to recent years.