Dallas Area Residential Sales Report for August -Rentals

The rental market continues to hold up pretty well. Rentals were up 5% in August compared to last August. Pending leases rose 4%. The average rental price climbed 3% while the median rental price was up 4%. New listings had a 1% increase. The number of active listings came in 4% higher.

Rentals: 3,982

Average Price: $1,858

Median Price: $1,720

Pending Rentals: 2,204

New Listings: 4,945

Active Listings: 5,996

Information provided by The Real Estate Center

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