Dallas-Fort Worth Real Estate: Sales Surge and Stable Rates in March 2026

The Dallas-Fort Worth (DFW) real estate market transitioned into March 2026 with significant momentum, characterized by a sharp rise in closed transactions and expanding inventory in key sectors. The market continues to emphasize that current conditions represent "THIS IS GREAT NEWS FOR BUYERS!".

🏠 New Construction Market: Sales Surge as Inventory Dips

The new construction sector saw a massive rebound in closed sales in March. While the number of active listings decreased, buyer demand remained strong enough to drive closed prices higher even as list prices saw a minor adjustment.

Key New Construction Market Trends:

• Active Listings: 8,013, a decrease of 6.6% from February 2026 and 7.6% from the previous year.

  
  

• Average List Price: $462.49K , down 1.2% from last month but up 0.4% from last year.

  
  

• Closed Sales: 2,183, reflecting a robust 37.9% increase from February.

  
  

• Average Price (Closed): $558.3K , an increase of 5.1% from last month and 1.5% from last year.

  
  

• Percent of Original Price: New builds are closing at 93.2% of the original list price.

  
  

• Days on Market: New construction homes are averaging 97 days on the market.

  
  

🏘️ Resale Market: Inventory Expansion and Price Growth

The resale market experienced a notable expansion in March 2026. Both active inventory and list prices saw healthy increases, while closed sales continued their upward trajectory.

Key Resale Market Trends:

• Active Listings: 24,043, up 10.4% from February 2026 and 3.2% from last year.

  
  

• Average List Price: $470.64K , up 6.3% from last month and 3.2% from last year.

  
  

• Closed Sales: 5,677, a 29.1% increase from February.

  
  

• Average Price (Closed): $564.80K , up 3.5% from last month and 11.9% from last year.

  
  

• Days on Market: Resale homes are moving faster than new builds, taking an average of 72 days.

  
  

• Percent of Original Price: Sellers are receiving 94.5% of the original list price.

🔑 Rental Market: Tightening Supply with Stable Pricing

The rental market continues to tighten, with active listings dropping significantly month-over-month. Despite the lower supply, closed lease prices have remained stable compared to the previous month.

Key Rental Market Trends:

• Active Listings: 8,920, a sharp 13.1% decrease from February 2026.

  
  

• Average List Price: $2.40K , down 1.2% from last month and 6.4% from last year.

  
  

• Closed Leases: 4,449, up 11.1% from February.

  
  

• Average Price (Closed): $2.40K , a marginal 0.1% increase from February but down 5.6% from last year.

  
  

• Months Supply: There is currently a 2.58-month supply.

  
  

• Percent of Original Price: Properties are leasing at 97.1% of their original list price.

  
  

📈 Overall Market Outlook

The DFW market in March 2026 demonstrates a clear trend of accelerating activity across all sectors. With mortgage rates holding steady and significant inventory available in the resale sector, the environment remains favorable for those looking to enter the market.

• Mortgage Rates: The average mortgage rate remains at 6.23%, which is 0.60% lower than this time last year.

  
  

• Negotiation Power: Buyers still have room to negotiate, with homes selling for between 93.2% and 94.5% of their original asking price.

  
  

• Inventory Context: The market currently holds a 4.16-month supply for new construction and a 5.45-month supply for resale, providing a healthy range of options for purchasers.

  esale, the market provides a healthy selection of options for those ready to buy.

Important Note:

This analysis is based on data from NTREIS (North Texas Real Estate Information Systems) as of March 31, 2026.  Market conditions can change rapidly, and this report is intended for informational purposes only. It should not be considered a guarantee of future market performance.