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. In this report the comparison is between March 2022 vs March 2021)

Dallas-Fort Worth Housing Report August 2022. Realtor in Dallas-Fort Worth - Oleg Sedletsky 214-940-8149

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%

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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.