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Thursday, July 08, 2021

North Texas Real Estate in June: Sales Down Slightly YoY, Inventory Down 50% YoY

by Calculated Risk on 7/08/2021 05:52:00 PM

Note: Remember, sales were weak in April and May last year. I'm posting data for many local markets around the U.S. The story is the same everywhere ... inventory is very low.

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

Single Family Homes sold in June 2021 were 11,554, down 2.9% from 11,896 in June 2020. 


Condos and Townhomes sold in June 2021 were 905, up 46.7% from 617 in June 2020.

Combined, sales were down slightly year-over-year.

Single Family Active Listings in June 2021 were 8,603, down 50.0% from 17,222 in June 2020. 

For Condos and Townhomes, Active Listings in June 2021 were 1,144, down 47.6% from 2,184 in June 2020.

Combined, active listings declined 49.8% year-over-year.

Although down sharply year-over-year, active inventory was up 19.9% compared to last month.