Housing Report for Dallas-Fort Worth-Arlington Metropolitan Statistical Area – August 2022

Single-Family Homes SUMMARY

Sales volume for single-family homes decreased 9.63% YoY from 9,696 to 8,762 transactions.

Year-to-date sales reached a total of 63,364 closed listings.

Dollar volume rose from $4.25 billion to $4.38 billion.

The average sales price rose 14.02% YoY from $437,968 to $499,380, while the average price per square foot subsequently rose from $181.10 to $211.41.

Median price rose 14.73% YoY from $360,000 to $413,025,

The median price per square foot also rose from $172.20 to $200.68.

Months inventory for single-family homes rose from 1.2 to 2.3 months supply.

Days to sell rose from 52 to 58.

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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 2022 (single family homes residential)

Aug 2022 | YoY %

Home Sales:  8,762 | -9.63%

Dollar Volume: $4,375,570,982 | 3.04%

Median Close Price: $413,025 | 14.73%

New Listings: 10,691 | 2.16%

Active Listings: 18,448 | 69.56%

Months Inventory: 2.3 | 80.17%

Days to Sell: 58 | 11.54%

Average Price PSF: $211.41 | 16.74%

Median Price PSF: $200.68 | 16.54%

Median Square Feet:  2,101 | -0.94%

Close to Original List Price: 98.12% | -4.04%

COLLIN COUNTY HOUSING REPORT – August 2022

Aug 2022 |  YoY %

New Listings:  1,726 | – 0.9%

Average Sales Price: $609,430 | + 19.1%

Median Sales Price: $525,000 | + 19.3%

Days on Market Until Sale: 23 | + 64.3%

Months Supply of Inventory: 2.4 | + 100.0%

Relocating to Dallas-Fort Worth?

Consider New Construction Homes in Prosper Texas

Prosper, 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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