Housing Report for Dallas-Fort Worth-Arlington Metropolitan Statistical Area – August 2023
Single-Family Homes SUMMARY
Sales volume for single-family homes decreased 8.23% YoY from 8,778 to 8,056 transactions.
Year-to-date sales reached a total of 59,722 closed listings.
Dollar volume dipped from $4.36 billion to $4.13 billion.
The average sales price rose 3.02% YoY from $497,195 to $512,210.
The average price per square foot declined from $211.14 to $209.88.
Median price declined 1.22% YoY from $410,000 to $405,000,
The median price per square foot declined from $200.45 to $197.89.
Months inventory for single-family homes rose from 2.3 to 2.7 months supply.
Days to sell rose from 58 to 72.
—
(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 August 2023 (single family homes residential)
August 2023 | YoY %
Home Sales: 8,056 | -8.23%
Dollar Volume: $4,126,360,493 | -5.45%
Median Close Price: $405,000 | -1.22%
New Listings: 10,474 | -4.19%
Active Listings: 19,591 | 5.66%
Months Inventory: 2.7 | 20.33%
Days to Sell: 72 | 24.14%
Average Price PSF: $209.88 | -0.60%
Median Price PSF: $197.89 | -1.28%
Median Square Feet: 2,111 | 0.62%
Close to Original List Price: 96.64% | -1.51%
COLLIN COUNTY HOUSING REPORT – August 2023
August 2023 | YoY %
New Listings: 1,882 | + 7.0%
Average Sales Price: $594,537 | – 2.3%
Median Sales Price: $515,000 | – 1.9%
Days on Market Until Sale: 34 | + 47.8%
Inventory of Homes for Sale: 3,097 | – 9.8%
Months Supply of Inventory: 2.5
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Princeton, 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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