Housing Report for Dallas-Fort Worth-Arlington Metropolitan Statistical Area – August 2024
Single-Family Homes SUMMARY
Sales volume for single-family homes decreased 4.09% YoY from 7,948 to 7,623 transactions.
Year-to-date sales reached a total of 58,351 closed listings.
Dollar volume dipped from $4.06 billion to $3.89 billion.
The average sales price dipped 0.29% YoY from $511,331 to $509,855.
The average price per square foot rose from $208.88 to $209.26.
Median price declined 0.31% YoY from $404,300 to $403,040.
The median price per square foot also declined from $197.13 to $196.01.
Months inventory for single-family homes rose from 2.7 to 4.0 months supply.
Days to sell rose from 72 to 81.
—
(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 2024 (single family homes residential)
August 2024 | YoY %
Home Sales: 7,623 | -4.09%
Dollar Volume: $3,886,628,210 | -4.37%
Median Close Price: $403,040 | -0.31%
New Listings: 11,374 | 8.13%
Active Listings: 27,366 | 42.62%
Months Inventory: 4.0 | 46.58%
Days to Sell: 81 | 12.50%
Average Price PSF: $209.26 | 0.18%
Median Price PSF: $196.01 | -0.57%
Median Square Feet: 2,141 | 1.28%
Close to Original List Price: 95.39% | -1.29%
COLLIN COUNTY HOUSING REPORT – August 2024
August 2024 | YoY %
New Listings: 2,143 | + 11.7%
Average Sales Price: $579,810 | – 2.2%
Median Sales Price: $500,000 | – 2.9%
Days on Market Until Sale: 49 | + 44.1%
Inventory of Homes for Sale: 5,021 | + 53.0%
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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