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

Single-Family Homes SUMMARY

Sales volume for single-family homes decreased 28.39% YoY from 8,782 to 6,289 transactions.

Year-to-date sales reached a total of 89,987 closed listings.

Dollar volume dipped from $3.9 billion to $2.91 billion.

The average sales price rose 4.14% YoY from $444,604 to $463,013,

The average price per square foot subsequently rose from $188.81 to $197.47.

The Median price rose 5.71% YoY from $368,000 to $388,995,

The median price per square foot also rose from $179.83 to $189.85.

Months inventory for single-family homes rose from 0.7 to 2.2 months supply

Days to Sell rose from 68 to 90.

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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 December 2022 - Oleg Sedletsky Realtor in DFW - 214-940-8149

Dallas-Fort Worth Housing Report December 2022 (single family homes residential)

Dec 2022 | YoY %

Home Sales: 6,289 | -28.39%

Dollar Volume: $2,911,891,465 | -25.42%

Median Close Price: $388,995 | 5.71%

New Listings: 5,325 | -10.64%

Active Listings: 16,670 | 163.27%

Months Inventory: 2.2 | 199.23%

Days to Sell: 90 | 32.35%

Average Price PSF: $197.47 | 4.59%

Median Price PSF: $189.85 | 5.57%

Median Square Feet: 2,103| 0.19%

Close to Original List Price: 93.65% | -7.14%

COLLIN COUNTY HOUSING REPORT – December 2022

Dec 2022 | YoY %

New Listings: 847 | – 7.7%

Average Sales Price: $551,791 | + 6.7%

Median Sales Price: $490,000 | + 6.5% $

Days on Market Until Sale: 48 | + 100.0%

Months Supply of Inventory: 2.2 | + 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.