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.)

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%

Relocating to Dallas-Fort Worth?

Consider New Construction Homes in Celina Texas

Celina, 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.

You may also be interested in:

Latest from Dallas Real Estate Blog

– Texas Homebuyers Tips, Tricks and Lifehacks

– Living in Dallas-Fort Worth

– Dallas Housing Market

– Real Estate News and Trends

– New Construction Homes in Dallas TX

– Texas Home Sellers Tips, Tricks and Lifehacks

– Mortgages for Homebuyers and Investors in Dallas-Fort Worth

Dallas-Fort Worth Relocation Guide

Explore an important information for Home Sellers in the Dallas-Fort Worth area

Explore an important information for Home Buyers in the Dallas-Fort Worth area