A surge in active listings allowed inventory to reach a 4.1-month supply in October, according to the latest Housing Report from the MetroTex Association of REALTORS®.

Active listings jumped 37% last month, with 30,243 properties on the market. That allowed inventory to reach a 4.1-month supply, up from 2.9-months in October 2023.

Closings also rose, with 7,491 homes sold during the month. That’s a 13.4% increase year over year. The typical home spent 91 days on the market — 57 days on the market, plus 34 days to close. That’s 14 days more than a year prior.

Meanwhile, the median price rose 2.5% to $399,000.