REC: DFW home sales down 7.6 percent in 4Q 2018REC: DFW home sales down 7.6 percent in 4Q 2018https://www.recenter.tamu.edu/news/newstalk-texas/?Item=219032019-02-06T06:00:00Z2019-02-07T00:55:00Z

​​​DALLAS – North Texas home sales fell 7.6 percent to 22,402 transactions at the end of the year, according to a fourth quarter 2018 report by the Real Estate Center.

According to the report, the median home price grew 2.4 percent over the year to $260,000. 

Months of inventory for all residential properties rose 32.5 percent to 2.5 months. The Center considers a six- to 6.5-months inventory a balanced market.

Dallas-Fort Worth residential property listings increased 29.4 percent over the year to 20,627 active listings.

The single-family new construction median price decreased by .6 percent to $327,960.

Average rents for single-family homes ended the quarter at $1,695, up 2.7 percent year over year.Maps of the Metroplex showing the median price change year over year and the sales volume change year over year in north texas.

Real Estate Center
Dallas-Fort Worth-Arlington

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