DFW Housing Results: October 2024

DFW Housing results for October 2024 brought a surge in buyer activity and closings.

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• Median Closing Amount- $399,000 or +2.5% vs October 2023
• Active Listings Increased 37% to 30,243 vs October 2023
• Days on Market for properties increased to 57 days-- 14 more days than October 2023
• Closings surged 13.4% vs October 2023
• 4.1 months of inventory was on the market vs 2.9 months in October 2023

The narrative is clear-- buyers are continuing to purchase DFW homes at an impressive tick, despite elevated mortgage rates.

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With projected historic demand for DFW Housing in 2025-- look for pricing to keep stable while mortgage rates hopefully drift down modestly.

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Contact me to learn more.

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Talk soon. Eddie