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North Texas Real Estate in April: Sales Up 33% YoY, Inventory Down 65% YoY

Note: Remember, sales were weak in April 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 April 2021 were 10,152, up 28.3% from 7,913 in April 2020. 

Condos and Townhomes sold in April 2021 were 925, up 124.5% from 412 in April 2020.

Combined, sales were up 33.1% year-over-year.

Single Family Active Listings in April 2021 were 6,967, down 66.6% from 20,881 in April 2020. 

For Condos and Townhomes, Active Listings in April 2021 were 1,117, down 48.4% from 2,165 in April 2020.

Combined, active listings declined 64.9% year-over-year.

Although down sharply year-over-year, active inventory was up 12.9% compared to last month.

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