DFW Housing Results in June 2024

We might be nearing relief for purchasers in DFW-- with inventory flooding the market, closing amounts softened in June 2024.

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Flashback to June 2022 as a comparison when DFW Housing prices and national inflation were peaking.

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See below for the quick stats regarding June 2024:

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• 405k Median Closing Amount (-1.2% vs June 2023)
• 27,901 Properties Listed Active (+44.7% vs June 2023)
• 45 Days on Market (+5 Days or +12.5% vs June 2023)
• 8,276 Closings in DFW (-11.6% vs June 2023)
• 3.8 Months Inventory (+1.3 Months of Inventory vs June 2023)

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I'd love to hear your comments or questions-- contact me to discuss.

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Talk soon. Eddie.