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

Single-Family Homes SUMMARY

Sales volume for single-family homes decreased 14.25% YoY from 9,624 to 8,253 transactions.

Year-to-date sales reached a total of 54,674 closed listings.

Dollar volume dipped from $4.29 billion to $4.23 billion.

The average sales price rose 14.85% YoY from $445,906 to $512,139,
The average price per square foot subsequently rose from $181.03 to $214.40.

Median price rose 15.1% YoY from $364,900 to $420,000.
The median price per square foot also rose from $171.14 to $204.49.

Months inventory for single-family homes rose from 1.3 to 2.2 months supply.

Days to sell rose from 52 to 53.

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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. )

Housing Report July 2022 - Oleg Sedletsky Realtor in DFW - 214-940-8149

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

Jul 2022 | YoY %

Home Sales: 8,253 | -14.25%

Dollar Volume: $4,226,686,918 | -1.51%

Median Close Price: $420,000 | 15.10%

New Listings: 12,869 | 1.93%

Active Listings: 18,454 | 59.76%

Months Inventory: 2.2 | 69.20%

Days to Sell: 53 | 1.92%

Average Price PSF: $214.40 | 18.44%

Median Price PSF: $204.49 | 19.49%

Median Square Feet: 2,125 | -2.07%

Close to Original List Price: 100.64% | -2.64%

COLLIN COUNTY HOUSING REPORT – July 2022

Jul 2022 | YoY %

New Listings: 2,195 | – 4.6%

Average Sales Price: $602,166 | + 19.2%

Median Sales Price: $534,080 | + 18.7%

Days on Market Until Sale: 19 | + 35.7%

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.