Housing Report for Dallas-Fort Worth-Arlington Metropolitan Statistical Area – September 2023

Single-Family Homes SUMMARY

Sales volume for single-family homes decreased 13.44% YoY from 7,829 to 6,777 transactions.

Year-to-date sales reached a total of 66,543 closed listings.

Dollar volume dipped from $3.76 billion to $3.38 billion.

The average sales price rose 3.93% YoY from $479,983 to $498,856,

The average price per square foot rose from $205.85 to $208.85.

Median price did not change from September 2022.

The median price per square foot declined from $198.22 to $197.04.

Months inventory for single-family homes rose from 2.4 to 2.8 months supply.

Days to sell rose from 68 to 77.

 

 

 

 

(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 September 2023

Dallas-Fort Worth Housing Report September 2023 (single family homes residential)

September 2023 | YoY %

Home Sales:  6,777 | -13.44%

Dollar Volume:  $3,380,750,106 | -10.03%

Median Close Price:  $400,000 | 0.00%

New Listings:  9,253 | -9.51%

Active Listings:  20,244 | 5.09%

Months Inventory:  2.8 | 19.28%

Days to Sell:  77 | 13.24%

Average Price PSF:  $208.85 | 1.46%

Median Price PSF:  $197.04 | -0.59%

Median Square Feet:  2,108 | 1.35%

Close to Original List Price:  96.13% -0.29%

COLLIN COUNTY HOUSING REPORT – September 2023

September 2023 |  YoY %

New Listings:  1,473 | – 8.5%

Average Sales Price:   $571,131 | – 1.9%

Median Sales Price:  $500,000 | – 2.9%

Days on Market Until Sale:  37 | + 12.1%

Inventory of Homes for Sale:  3,080 | – 11.4%

Months Supply of Inventory: 2.5

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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.