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Economic Insights for Dallas / Ft. Worth

Highlights

Outlook for 2019 improving
Outlook for 2020 strong
Historically low mortgage rates
Full employment
Strong job growth

Dallas

  • Slight Seller’s Advantage
  • Median list price $485,000
  • Median rent $1,900
  • Average DOM 119
  • Current Inventory 2,915
  • 52% listings decreased price
  • Bottom 25% $199K – 91 DOM
  • Lower 25% $379K – 102 DOM
  • Upper 25% $625K – 115 DOM
  • Top 25% $1,585K – 166 DOM

Fort Worth

  • Slight Seller’s Advantage
  • Median list price $269,000
  • Median rent $1,595
  • Average DOM 89
  • Current Inventory 2,157
  • 48% listings decreased price
  • Bottom 25% $175K – 61 DOM
  • Lower 25% $240K – 67 DOM
  • Upper 25% $305K – 83 DOM
  • Top 25% $518K – 140 DOM

DFW – 4th largest US market with 9.665 homes sold last month

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