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.
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(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 (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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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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