Housing Report for Dallas-Fort Worth-Arlington Metropolitan Statistical Area – October 2023
Single-Family Homes SUMMARY
Sales volume for single-family homes decreased 7.05% YoY from 6,666 to 6,196 transactions.
Year-to-date sales reached a total of 72,683 closed listings.
Dollar volume dipped from $3.21 billion to $3.07 billion.
The average sales price rose 3.07% YoY from $480,877 to $495,659,
The average price per square foot subsequently rose from $205.19 to $208.55.
Median price declined 1.23% YoY from $399,900 to $395,000.
The median price per square foot also rose from $194.97 to $195.09.
Months inventory for single-family homes rose from 2.5 to 3.0 months supply.
Days to sell rose from 72 to 76.
—
(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 October 2023 (single family homes residential)
October 2023 | YoY %
Home Sales: 6,196 | -7.05%
Dollar Volume: $3,071,102,883 | -4.19%
Median Close Price: $395,000 | -1.23%
New Listings: 9,296 | 3.89%
Active Listings: 20,967 | 7.54%
Months Inventory: 3.0 | 20.41%
Days to Sell: 76 | 5.56%
Average Price PSF: $208.55 | 1.64%
Median Price PSF: $195.09 | 0.06%
Median Square Feet: 2,095 | 0.48%
Close to Original List Price: 95.80% | 0.01%
COLLIN COUNTY HOUSING REPORT – October 2023
October 2023 | YoY %
New Listings: 1,592 | + 10.3%
Average Sales Price: $564,737 | + 1.1%
Median Sales Price: $495,000 | – 1.0%
Days on Market Until Sale: 40 | + 14.3%
Inventory of Homes for Sale: 3,186 | – 8.6%
Months Supply of Inventory: 2.6
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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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