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.

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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 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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