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North Texas Real Estate in July: Sales Down 16% YoY, Inventory Down 33% YoY

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by Calculated Risk on 8/09/2021 12:35:00 PM

I’m posting data for many local markets around the U.S.

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

Single Family Homes sold in July 2021 were 11,299, down 17.4% from 11,896 in July 2020.

Condos and Townhomes sold in July 2021 were 834, up 9.3% from 763 in July 2020.

Combined, sales were down 16.0% year-over-year.

Single Family Active Listings in July 2021 were 11,105, down 31.4% from 16,177 in July 2020.

For Condos and Townhomes, Active Listings in July 2021 were 1,258, down 45.1% from 2,293 in July 2020.

Combined, active listings declined 33.1% year-over-year.

Although down sharply year-over-year, active inventory was up 26.8% compared to last month, and up 72.7% from the record low in March 2021.

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