Housing Report for Dallas-Fort Worth-Arlington Metropolitan Statistical Area – October 2022
Single-Family Homes SUMMARY
Sales volume for single-family homes decreased 21.99% YoY from 8,571 to 6,686 transactions.
Year-to-date sales reached a total of 77,845 closed listings.
Dollar volume dipped from $3.7 billion to $3.22 billion.
The average sales price rose 11.67% YoY from $431,456 to $481,787
The average price per square foot subsequently rose from $182.61 to $205.43.
The Median price rose 11.11% YoY from $360,000 to $400,000,
The median price per square foot also rose from $174.23 to $195.10.
Months inventory for single-family homes rose from 1.1 to 2.5 months supply
Days to sell rose from 59 to 71.
—
(Days to Sell = Days on Market + Days to Close)
(YoY – Year-over-Year is a calculation commonly used in economics or financial data to show how information from one time period compares to the year prior. )
Dallas-Fort Worth Housing Report October 2022 (single family homes residential)
Oct 2022 | YoY %
Home Sales: 6,686 | -21.99%
Dollar Volume: $3,221,227,655 | -12.89%
Median Close Price: $400,000 | 11.11%
New Listings: 8,808 | -1.63%
Active Listings: 19,529 | 98.69%
Months Inventory: 2.5 | 114.98%
Days to Sell: 71 | 20.34%
Average Price PSF: $205.43 | 12.50%
Median Price PSF: $195.10 | 11.98%
Median Square Feet: 2,087 | -0.95%
Close to Original List Price: 95.79% | -4.85%
COLLIN COUNTY HOUSING REPORT – October 2022
Oct 2022 | YoY %
New Listings: 1,426 | + 1.3%
Average Sales Price: $557,164 | + 9.6%
Median Sales Price: $499,500 | + 12.3%
Days on Market Until Sale: 36 | + 63.6%
Months Supply of Inventory: 2.5 | + 200.0%
Relocating to Dallas-Fort Worth?
Consider New Construction Homes in Prosper Texas
Prosper, TX is located in Collin County Texas and is part of Dallas-Fort Worth metropolitan area.
About the data used in this report
Data used in Dallas-Fort Worth- Arlington report come from Texas Realtor® Data Relevance Project, a partnership between the Texas Association of Realtors® and local Realtor® associations throughout the state. The analysis is provided through a research agreement with the Real Estate Center at Texas A&M University
Data used in Collin County report come from North Texas Real Estate Information Services, Inc.
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