Housing Report for Dallas-Fort Worth-Arlington Metropolitan Statistical Area – February 2024

Single-Family Homes SUMMARY

Sales volume for single-family homes decreased 0.63% YoY from 6,337 to 6,297 transactions.
Year-to-date sales reached a total of 11,272 closed listings.
Dollar volume rose from $2.98 billion to $3.04 billion.
The average sales price rose 2.75% YoY from $469,693 to $482,627.
The average price per square foot rose from $199.01 to $205.24.
Median price rose 1.82% YoY from $385,000 to $392,000.
The median price per square foot also rose from $189.09 to $192.91.
Months inventory for single-family homes rose from 2.0 to 2.7 months supply.
Days to sell declined from 96 to 94.

 

(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 2024Realtor in Dallas-Fort Worth - Oleg Sedletsky 214-940-8149

Dallas-Fort Worth Housing Report February 2024 (single family homes residential)

February 2024 | YoY %

Home Sales:  6,297 | -0.63%

Dollar Volume:  $3,039,100,123 | 2.10%

Median Close Price:  $392,000 | 1.82%

New Listings:  9,944 | 37.50%

Active Listings:  19,026 | 28.64%

Months Inventory:  2.7 | 34.10%

Days to Sell:  94 | -2.08%

Average Price PSF:  $205.24 | 3.13%

Median Price PSF:  $192.91 | 2.02%

Median Square Feet:  2,092 | 0.29%

Close to Original List Price:  95.53% | 1.21%

COLLIN COUNTY HOUSING REPORT – February 2024

February 2024 |  YoY %

New Listings:   1,718 | + 46.6%

Average Sales Price:  $545,654 | – 1.3%

Median Sales Price:  $485,000 | – 0.4%

Days on Market Until Sale:  52 | – 13.3%

Inventory of Homes for Sale: 2,837 | + 28.8%

Months Supply of Inventory: 2.3

Note! Sales Prices do not include prices from any previous listing contracts or seller concessions.

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.

New Construction Homes in Celina, TX. Call Oleg Sedletsky 214-940-8149 - Realtor in Celina, TX and Dallas area
New Construction Homes in Celina, TX. Call Oleg Sedletsky 214-940-8149 - Realtor in Celina, TX and Dallas 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.