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DFW Real Estate Rebound: February 2026 Sales Surge as Buyer Opportunity Knocks

The Dallas-Fort Worth (DFW) real estate market showed signs of renewed energy in February 2026. While the start of the year saw a seasonal reset, February data reveals a rebound in closed transactions and a continued emphasis that current conditions represent "GREAT NEWS FOR BUYERS!".


🏠 New Construction Market: Sales Rebound While List Prices Rise


The new construction sector saw a modest recovery in closed sales compared to the previous month. Although inventory levels dipped slightly, list prices moved upward as the market began to heat up.


Key New Construction Market Trends:


  • Active Listings: 8,428, a slight decrease of 0.7% from January 2026 and 0.7% from the previous year.


  • Average List Price: $474.26K, up 6.1% from last month and 3.1% from last year.


  • Closed Sales: 1,462, reflecting a 6.3% increase from December.


  • Average Price (Closed): $524.7K, down 2.9% from last year.


  • Percent of Original Price: New builds are closing at 92.6% of the original list price.


  • Days on Market: New construction homes are averaging 103 days on the market.




🏘️ Resale Market: Momentum Builds as Inventory Expands


The resale market experienced a significant jump in activity this February. Closed sales saw a double-digit percentage increase from January, and inventory levels are notably higher than this time last year.



Key Resale Market Trends:


  • Active Listings: 21,799, up 6.0% from January and 3.1% from last year.


  • Average List Price: $452.29K, a minor 0.2% increase from last month but down 0.6% from last year.


  • Closed Sales: 4,310, a sharp 18.7% increase from January.


  • Average Price (Closed): $542.30K, up 5.1% from January and 1.5% from last year.


  • Days on Market: Resale homes are moving faster than new builds, taking an average of 74 days.


  • Percent of Original Price: Sellers are receiving 93.7% of the original list price.





🔑 Rental Market: High Demand and Rising Lease Prices


The rental market is tightening, with inventory decreasing significantly while closed lease prices see a substantial jump compared to late 2025.


Key Rental Market Trends:


  • Active Listings: 9,848, a sharp 11.3% decrease from January 2026.


  • Average List Price: $2.37K, down 3.7% from last year.


  • Closed Leases: 3,833, up 3.5% from December and 0.1% from last year.


  • Average Price (Closed): $2.50K, a significant 14.4% jump from December and 11.8% higher than last year.


  • Months Supply: There is currently a 2.65-month supply.


  • Percent of Original Price: Properties are leasing at 96.6% of their original list price.




📈 Overall Market Outlook


The DFW market in February 2026 shows a clear trend of increasing buyer activity. The combination of stable mortgage rates and significant room for negotiation continues to make this an opportunistic time for purchasers.


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


  • Negotiation Power: Buyers are still finding room to negotiate, with homes across the board selling for roughly 92-94% of their original asking price.


  • Inventory Context: With a 4.39-month supply in new construction and 4.97 months in resale, 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 February 28, 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.    

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