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Friday, February 12, 2021

North Texas Real Estate in January: Sales Up 11% YoY, Inventory Down 59% YoY

by Calculated Risk on 2/12/2021 10:12:00 AM

From the NTREIS for North Texas (including Dallas/Ft. Worth):

Single Family Homes sold in January 2021 were 7,010, up 10% January 2020. Condos and Townhomes sold in January 2021 were 491, up 37% from January 2020.

Combined, sales were up 11% year-over-year.

Single Family Active Listings in January 2021 were 7,806, down 62% from January 2020. For Condos and Townhomes, Active Listings in January 2021 were 1,450, down 25% from January 2020.

Combined, active listings declined 59% year-over-year.

Months of Supply was 1.2 Months in January 2021, compared to 3.3 Months in January 2020.