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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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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