Housing Report for Dallas-Fort Worth-Arlington Metropolitan Statistical Area – April 2023
Single-Family Homes SUMMARY
Sales volume for single-family homes decreased 7.25% YoY from 8,074 to 7,489 transactions.
Year-to-date sales reached a total of 26,220 closed listings.
Dollar volume dipped from $4.18 billion to $3.75 billion.
The average sales price dipped 3.04% YoY from $517,130 to $501,397
The average price per square foot subsequently declined from $215.70 to $207.54.
Median price declined 5.65% YoY from $425,000 to $400,999
The median price per square foot also declined from $204.08 to $195.15.
Months inventory for single-family homes rose from 1.0 to 2.1 months supply
Days to sell rose from 54 to 84.
—
(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 April 2023 (single family homes residential)
April 2023 | YoY %
Home Sales: 7,489 | -7.25%
Dollar Volume: $3,754,961,199 | -10.07%
Median Close Price: $400,999 | -5.65%
New Listings: 9,669 | -13.17%
Active Listings: 15,377 | 86.59%
Months Inventory: 2.1 | 115.17%
Days to Sell: 84 | 55.56%
Average Price PSF: $207.54 | -3.78%
Median Price PSF: $195.15 | -4.37%
Median Square Feet: 2,135 | 1.14%
Close to Original List Price: 96.74% | -8.34%
COLLIN COUNTY HOUSING REPORT – April 2023
April 2023 | YoY %
New Listings: 1,641 | – 13.5%
Average Sales Price: $582,169 | – 5.3%
Median Sales Price: $519,900 | – 5.5%
Days on Market Until Sale: 42 | + 223.1%
Inventory of Homes for Sale: 2,160 | + 53.1%
Months Supply of Inventory: 1.7 | + 100.0%
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Princeton, 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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