North Texas Housing Market Continues to Demonstrate Strength as Sales and Inventory Rise
The North Texas housing market maintained its steady momentum in June as single-family home sales and inventory continued to increase, providing buyers with more options while home values remained stable, according to the latest market data released by the MetroTex Association of REALTORS®.
Residential single-family home sales totaled 8,961 transactions, representing a 7 percent increase compared to June 2025. Dollar volume climbed 8 percent to nearly $4.8 billion, reflecting continued confidence in the North Texas housing market despite elevated mortgage rates.
The average sales price increased 1 percent year-over-year to $535,376, while the median sales price remained unchanged at $405,000, indicating that home values continue to hold steady as the market transitions toward more balanced conditions.
“North Texas continues to outperform many markets across the country because the underlying fundamentals remain exceptionally strong,” said Franceanna Campagna, 2026 MetroTex Chair. “Continued job creation, population growth, and business investment are supporting healthy housing demand while increased inventory is providing buyers with more opportunities than they’ve had in several years.”
Inventory levels continued their gradual normalization. Active listings rose 4 percent year-over-year to 31,914 homes, while months of inventory increased to 4.4 months, offering buyers greater selection and creating a more balanced marketplace than the highly competitive conditions experienced during the pandemic.
While closed sales remained strong, pending sales declined 9 percent to 7,257 transactions, and new listings fell 7 percent to 12,733 homes compared to last year. The slower pace of new contracts may reflect the continued impact of mortgage rates on buyer activity, while fewer new listings suggest many homeowners remain reluctant to move in today’s financing environment.
Homes spent an average of 54 days on the market, a 4 percent increase from one year ago, while sellers continued receiving strong offers, with homes selling for approximately 95.5 percent of original list price.
Price-per-square-foot metrics remained relatively stable:
– Average price per square foot declined 1 percent to $208.19
– Median price per square foot declined 2 percent to $190.03
Industry leaders say the June data reflects a market that continues to normalize while remaining fundamentally healthy.
“Today’s market offers a much healthier balance than we’ve seen in recent years,” Campagna added. “Inventory has improved, price appreciation has moderated to more sustainable levels, and buyers have greater negotiating power while sellers continue benefiting from strong home values. North Texas remains one of the nation’s premier real estate markets, and the long-term outlook for our region remains extremely positive.”