The DFW housing market in September 2026: the average North Texas seller closed at 93.9% of their original asking price, about 6% under where they started. Most of that traces back to starting too high.
In this clip from Market Update 196, Mike Mills walks through the MetroTex September numbers, why the median price went down while the average went up, why pending sales dropping 19% probably means the slowdown isn't done, and what agents can tell buyers and sellers right now. Plus how to pull these numbers yourself and have AI tell you what changed.
Full episode: https://youtu.be/i7wKgnDZIzk Mortgage rates breakdown: https://youtu.be/64gM5t0CYBQ Podcast: https://www.thetexasrealestateandfinancepodcast.com/stale-listing-strategy
Chapters 0:00 Median down, average up
0:22 93.9% of original list price
0:40 MetroTex September numbers
:08 Why the median and average split
1:34 Pending sales down 19% 1
:46 A transaction recession, not a housing crash
2:02 Working with buyers and sellers right now 2
:16 Get the numbers yourself with AI
Source: MetroTex Association of Realtors, September 2026 single-family report.
Contact Mike: mike@mikemillstx.com | 817-689-6079 Mike Mills, NMLS #756263 · GVC Core Community Mortgage · NMLS #2334
DFWRealEstate #TexasRealEstate