A new look at the prices sellers are asking for their homes is another sign of a shift in the North Texas housing market. Dallas-Fort Worth made it onto a list of 10 major cities that are seeing declines or just tiny increases in the asking prices for houses up for sale.
Researchers at property market firm Trulia compared major home market to see where list prices for homes were rising and where they were falling. All four of Texas' major home markets made the ranks of places where home value increases are stalling. That's obviously nowhere near the double-digit percentage annual home price gains North Texas recently saw. Trulia estimates that the median price of homes up for sale in D-FW was $356,999 in March. In March, homes listed for sale in North Texas traded for 98 percent of what they were listed for, according to local real estate data. Trulia's report that D-FW sellers aren't jacking up their asking prices as quickly this year is another indication that the home market dynamic is changing in the area.
- Dallas Morning News, May 8, 2018