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

Single-Family Homes SUMMARY

Sales volume for single-family homes increased 14.45% YoY from 5,605 to 6,415 transactions.

Year-to-date sales reached a total of 78,572 closed listings.

Dollar volume rose from $2.74 billion to $3.29 billion.

The average sales price rose 4.85% YoY from $488,452 to $512,140,

The average price per square foot subsequently rose from $205.41 to $207.63.

Median price rose 1.51% YoY from $390,000 to $395,885.

Median price per square foot declined from $193.25 to $192.26.

Months inventory for single-family homes rose from 2.9 to 3.7 months supply.

Days to sell rose from 80 to 90.

 

 

 

 

(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 November 2024

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

November 2024 | YoY %

Home Sales:  6,415 | 14.45%

Dollar Volume:  $3,285,376,651 | 20.00%

Median Close Price:  $395,885 | 1.51%

New Listings:  7,978 | 4.23%

Active Listings:  26,276 | 30.43%

Months Inventory:  3.7 | 28.64%

Days to Sell:  90 | 12.50%

Average Price PSF:  $207.63 | 1.08%

Median Price PSF:  $192.26 | -0.51%

Median Square Feet:  2,139 2.54%

Close to Original List Price:  94.71% | -0.48%

COLLIN COUNTY HOUSING REPORT – November 2024

November 2024 |  YoY %

New Listings:   1,524 | + 19.6%

Average Sales Price:  $573,485 | + 4.3%

Median Sales Price:  $475,000 | 0.0%

Days on Market Until Sale:  51 | + 21.4%

Inventory of Homes for Sale:  4,680 | + 44.1%

Months Supply of Inventory:  3.5 | + 34.6%

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

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Willow Ridge Community in Prosper, Texas - a unique blend of luxury, convenience, and a family-friendly atmosphere
Willow Ridge Community in Prosper, Texas - a unique blend of luxury, convenience, and a family-friendly atmosphere
Willow Ridge Community in Prosper, Texas - a unique blend of luxury, convenience, and a family-friendly atmosphere

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.