DFW and surrounding counties May 2023 Market Report

Real Estate Agent with JPAR Real Estate TX620575 CA01492418

DFW and surrounding counties May 2023 Market Report

Happy almost summer! If you are in DFW currently, the humidity has been pretty brutal these last few days. Next week starting Sunday we will hit triple digits for the first time. Let me know if you want me to set you up with a search for a house with a pool or lakefronts!

This year's market has also been a little brutal, compared to the last few years, only in a different way. VIEW Tarrant County STATS HERE for May 2023

Buyers have been choosing from less inventory as sellers are holding onto their homes and their 3% interest rates. Some buyers also are not wanting to buy a home with a 6% interest rate either(my first house was 6.5%!) If you are a buyer and the numbers work, take advantage of the equity you will be building over the next few years. Rates will not be back into the 3% range for a long while. Those were HISTORIC lows! 

If you need information for a specific Dallas-Fort Worth city or neighborhood as a seller, our Group is here to help get you the most up to date information on listing your home, or making repairs. We have lenders available to answer questions, and a pretty good vendor list if you want to have any home projects done!

Here's to staying cool this summer!

Amy Steele

Dallas Fort Worth, Houston and Elm

Posted by

Amy Steele REALTOR ®   CNE  SRS CNE MRP LUXE epro 
Principal, Amy Steele Estates Group LLC
Cell: (817) 470-8043
Website: DFWAmySteele.com
Email: steeleofalifetime@gmail.com
TX License 0620575
Certified Negotiation Expert
Sellers Representative Specialist
New Home Specialist
Military Relocation Professional
Luxury Listing Specialist

JPAR Real Estate

2615 E Southlake Blvd Ste 150
Southlake, TX 76092


  LIKE me on Facebook!    Follow me on Pinterest     Watch my DFW Videos

 Information regarding statistics on housing data provided from NTREIS MLS.

Comments (2)

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thanks for your market update - you have done a nice job with your graphics! 

Jun 14, 2023 05:56 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC

Thanks for sharing your market report with us here in the Rain. It's always interesting to see how other areas of the country are doing.


Jun 29, 2023 02:40 PM