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

Single-Family Homes SUMMARY

Sales volume for single-family homes increased 1.39% YoY from 6,195 to 6,281 transactions.

Year-to-date sales reached a total of 10,650 closed listings.

Dollar volume rose from $2.82 billion to $2.96 billion.

The average sales price rose 3.71% YoY from $455,067 to $471,951

The average price per square foot subsequently rose from $197.46 to $199.53.

Median price rose 0.26% YoY from $384,000 to $385,000,

The median price per square foot also rose from $188.38 to $189.34.

Months inventory for single-family homes rose from 0.7 to 2.0 months supply

Days to sell rose from 66 to 96.

 

(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 November 2022 vs November 2021)

Dallas-Fort Worth Housing Report February 2023 Realtor in Dallas-Fort Worth - Oleg Sedletsky 214-940-8149

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

February 2023 | YoY %

Home Sales:  6,281 | 1.39%

Dollar Volume:  $2,964,323,270 | 5.15%

Median Close Price:  $385,000 | 0.26%

New Listings:  7,054 | 2.62%

Active Listings:  14,719 | 156.92%

Months Inventory:  2.0 | 196.96%

Days to Sell:  96 | 45.45%

Average Price PSF:  $199.53 | 1.05%

Median Price PSF:  $189.34 | 0.51%

Median Square Feet:  2,090 | 1.41%

Close to Original List Price:  94.43% | -8.09%

COLLIN COUNTY HOUSING REPORT – February 2023

February 2023 |  YoY %

New Listings:  1,146 | + 1.1%

Average Sales Price:   $551,950 | + 0.6%

Median Sales Price:  $485,000 | + 2.3%

Days on Market Until Sale:   60 | + 233.3%

Inventory of Homes for Sale:  2,000 | + 141.0%

Months Supply of Inventory:   1.6 | + 100.0%

New Construction Homes in Celina, Tx. Call 214-940-8149 Oleg Sedletsky Realtor for help with your New Home purchase
New Construction Homes in Celina, Tx. Call 214-940-8149 Oleg Sedletsky Realtor for help with your New Home purchase

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.