Housing Report for Dallas-Fort Worth-Arlington Metropolitan Statistical Area – July 2024

Single-Family Homes SUMMARY

Sales volume for single-family homes increased 4.72% YoY from 7,561 to 7,918 transactions.

Year-to-date sales reached a total of 50,780 closed listings.

Dollar volume rose from $3.9 billion to $4.15 billion.

The average sales price rose 1.7% YoY from $515,801 to $524,547,

The average price per square foot subsequently rose from $211.42 to $213.74.

Median price declined 0.99% YoY from $414,000 to $409,900.

The median price per square foot also rose from $198.14 to $199.16.

Months inventory for single-family homes rose from 2.6 to 3.9 months supply.

Days to sell rose from 71 to 78.

 

 

(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 July 2024 Realtor in Dallas-Fort Worth - Oleg Sedletsky 214-940-8149

Dallas-Fort Worth Housing Report July 2024 (single family homes residential)

July 2024 | YoY %

Home Sales:  7,918 | 4.72%

Dollar Volume:  $4,153,359,877 | 6.50%

Median Close Price:  $409,900 | -0.99%

New Listings:  11,935 | 15.00%

Active Listings:  26,883 | 46.48%

Months Inventory:  3.9 | 51.05%

Days to Sell:  78 | 9.86%

Average Price PSF:  $213.74 | 1.09%

Median Price PSF:  $199.16 | 0.51%

Median Square Feet:  2,133 | -0.42%

Close to Original List Price:  96.15% | -1.17%

COLLIN COUNTY HOUSING REPORT – July 2024

July 2024 |  YoY %

New Listings:   2,327 | + 27.0%

Average Sales Price:  $580,033 | – 1.4%

Median Sales Price:  $495,000 | – 3.3%

Days on Market Until Sale:  39 | + 25.8%

Inventory of Homes for Sale: 4,910 | + 60.2%

Months Supply of Inventory: 3.9

Note! Sales Prices do not include prices from any previous listing contracts or seller concessions.

Relocating to Dallas-Fort Worth?

Consider New Construction Homes in Celina, Texas

Celina, TX is located in Collin County Texas and is part of Dallas-Fort Worth metropolitan area.

New Construction Homes in Celina, TX. Call Oleg Sedletsky 214-940-8149 - Realtor in Celina, TX and Dallas area
New Construction Homes in Celina, TX. Call Oleg Sedletsky 214-940-8149 - Realtor in Celina, TX and Dallas 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.