Dallas/Fort Worth Region Market Report | April 2023

APRIL 2023

The Dallas – Fort Worth – Arlington real estate market in April 2023 demonstrated positive trends:

  • Median Price: Increased to $399,900, indicating a 2.5% growth from the previous month.
  • Closed Sales: There were 8,090 closed sales.
  • Active Listings: Decreased to 16,432, suggesting a tighter inventory.
  • Months Inventory: Maintained at 2.1 months, indicating a seller’s market.
  • Days on Market: Decreased to 52 days, showing increased demand and faster sales.
  • Days to Close: Maintained at 32 days, suggesting an efficient process.
  • Median Price/Sq Ft: Increased to $197.04, indicating buyers’ willingness to pay more.
  • Median Home Size and Year Built: Maintained at 2,078 sq ft and 2005, respectively.
  • Close/Original List Price: Improved to 96.8%, benefiting sellers.

Overall, the Dallas/Fort Worth market in April 2023 exhibited positive growth, strong buyer demand, and tight inventory conditions. The market remains favorable for sellers, with prices and close-to-list-price ratios on the rise.

Learn More

The Texas Real Estate Research Center is a valuable resource for real estate professionals, investors, and anyone interested in learning more about the Texas real estate market.

Property Tax Consulting and Evaluations

Order a Free & Confidential Property Evaluation

What we do

Simplifying Your Real Estate Journey

Questions About Our Services?

More from Strider Journal:

Start Your Real Estate Journey Today

Latest from The Srider Jounral

January 2025 Real Estate Market Update

From evolving median prices to current inventory levels, our January analysis captures the first snapshot of this year's real estate landscape. Whether you're considering a property purchase, planning to sell, or simply staying informed about market conditions, join us as we break down the numbers that are setting the tone for Texas real estate in the opening month of 2025.

December 2024 Real Estate Market Update

As we close out 2024, let’s analyze the December real estate market trends across key Texas regions: Austin/Round Rock, College Station/Bryan, Dallas/Fort Worth/Arlington, and Sugar Land/Houston/The Woodlands. This month’s report offers valuable insights into year-end market dynamics, providing crucial data for buyers, sellers, and investors planning their 2025 real estate strategies.

November 2024 Texas Market Reports

As we move into the final stretch of 2024, Texas real estate markets are showing resilience and growth across major metropolitan areas. Let’s take a closer look at how key regions performed in November: