HomesUSA.com reports lower pending sales
Dallas-Fort Worth new home sales declined again in November as Days on Market continued to rise, signaling a slower late-year sales pace.
The HomesUSA.com Texas New Home Sales Report uses Multiple Listing Service data – the most comprehensive, current, and accurate information – from the REALTOR® Associations of North Texas, Houston, Austin, and San Antonio. All averages are based on three-month rolling averages to capture seasonality and remove anomalies.
New home sales in Dallas-Fort Worth declined in November to 1,839, down from 1,922 in October. Days on Market also increased, with Dallas-Fort Worth continuing to post the longest sales timelines as DOM rose to 154.90 days from 150.25 the prior month. The rising DOM reveals a slower seasonal sales pace.
“November’s numbers reflect what we’ve been anticipating: sales down, Days on Market up, but prices are not collapsing,” said Ben Caballero, CEO of HomesUSA.com and the nation’s top-ranked real estate agent. “History says December numbers tell us what the next six months will do, and right now, the indicators in the Dallas area new home market look weak.”
Average new home prices in Dallas-Fort Worth softened in November to $463,636 from $467,986, the second highest average new home price in Texas’ major markets. Austin has the priciest average at $488,404.
Pending sales also declined in November, but Dallas-Fort Worth continuing to lead the state at 2,285 pending sales, an indicator of future activity.
Inventory tapered modestly in November, with Dallas-Fort Worth posting 9,103 active listings, down slightly from 9,259 active listings in October.
HomesUSA.com’s Texas New Home Sales Report and New Home Sales Index typically is issued before the monthly U.S. Commerce Department’s New Residential Sales Report. However, that report is currently on hold, last released on September 24, 2025. See this link for more information: https://www.census.gov/construction/soc/schedule.html.
About the Report
The HomesUSA.com monthly report covers closed sales recorded in MLSs by the 10th day of the following month. The report features 3-month moving averages for six essential market data points, including DOM, sales volume, sales prices, sales-to-list price ratio, pending sales, and active listings. We also provide a master chart for the 12-month moving averages for comparison. Caballero explains that the 3-month moving average indices track market seasonality, while the 12-month moving average removes seasonality and tracks the longer trend.
DAYS ON MARKET: Sales pace continues to slow
Days on Market for new homes in Dallas-Fort Worth increased again in November, with the three-month moving average rising to 154.90 days, up from 150.25 days in October. Dallas-Fort Worth continues to post the longest sales timelines among Texas’ major new home markets. Year-over-year, sales pace in Dallas-Fort Worth has slowed significantly compared to 116.36 days in November 2024. (See Chart 1: Texas New Homes Days on Market)
NEW HOME SALES: Decline continues
Dallas-Fort Worth new home sales declined again in November, with the average falling to 1,839, down from 1,922 in October. Year-over-year, sales were also lower compared to 1,872 in November 2024. Despite remaining the second-largest new home market in Texas by volume, Dallas-Fort Worth continues to experience softer demand consistent with statewide seasonal trends. (See Chart 2: Texas New Home Sales)
NEW HOME PRICES: Edges lower
Average new home prices in Dallas-Fort Worth softened slightly in November, declining to $463,636 from $467,986 in October. Compared to $481,505 in November 2024, prices remain lower year-over-year. While prices have moderated, the pace of decline has been gradual, reflecting likely builder incentives rather than broad-based discounting. (See Chart 3: Texas New Home Prices)
SALES-TO-LIST PRICE RATIO: Slips modestly
The sales-to-list price ratio for new homes in Dallas-Fort Worth slipped slightly in November to 97.36 percent, down from 97.45 percent in October. The ratio remains near recent averages in Dallas-Fort Worth, indicating that most homes continue to sell close to their listed prices. (See Chart 4: Texas Sales-to-List Price Ratio)
PENDING SALES: Demand moderates
Pending sales in Dallas-Fort Worth declined modestly in November, with the three-month moving average at 2,285, down slightly from 2,321 in October. Year-over-year, pending sales were also lower compared to 2,190 in November 2024. (See Chart 5: Texas Pending New Home Sales)
ACTIVE LISTINGS: Inventory eases slightly
Active new home listings in Dallas-Fort Worth tapered modestly in November to 9,103, down from 9,259 in October. While inventory declined month-over-month, listings remain elevated compared to 8,157 active listings in November 2024. (See Chart 6: Texas Active Listings)
About the HomesUSA.com New Home Sales Index
The HomesUSA.com New Home Sales Index is reported as both a 3-month and 12-month
moving average of the Days on Market for new homes listed in the local Multiple Listing
Services (MLSs) for Dallas-Ft. Worth, Houston, Austin, and San Antonio. Created by Ben
Caballero in December 2017, it is the first Days on Market index to track the Texas new home
market based on activity in its largest markets and includes homes listed while under
construction. (See Chart A: 12-Month Moving Averages)
About Ben Caballero and HomesUSA.com®
Ben Caballero, founder and CEO of HomesUSA.com, is a three-time Guinness World Records title holder for “Most annual home sale transactions through MLS by an individual sell-side real estate agent – current.” Ranked by REAL Trends as America’s top real estate agent for home sales since 2013, Ben is the most productive real estate agent in U.S. history.
He is the only individual real estate agent to reach nearly $4 billion in residential sales transactions in a single year ($3.93 billion in 2024), the first agent to exceed $3 billion (2022), the first to exceed $2 billion (2018–2020), and the first to exceed $1 billion (2015–2017). An award-winning innovator and technology pioneer, Ben works with more than 70 home builders in Dallas-Fort Worth, Houston, Austin, and San Antonio. Ben’s podcast series is available widely, including Apple Podcasts, Spotify, and YouTube. Learn more at HomesUSA.com | Twitter: @bcaballero - @HomesUSA | Facebook: /HomesUSAdotcom.
