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 (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.
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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