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

Single-Family Homes SUMMARY

Sales volume for single-family homes decreased 4.28% YoY from 9,196 to 8,802 transactions.

Year-to-date sales reached a total of 43,890 closed listings.

Dollar volume dipped from $4.89 billion to $4.57 billion.

The average sales price dipped 2.43% YoY from $531,631 to $518,714.

The average price per square foot subsequently declined from $219.36 to $210.38.

Median price declined 4.05% YoY from $432,500 to $415,000.

The median price per square foot also declined from $207.79 to $197.37.
Months inventory for single-family homes rose from 1.9 to 2.5 months supply.

Days to sell rose from 53 to 73.

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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 June 2023 Realtor in Dallas-Fort Worth - Oleg Sedletsky 214-940-8149

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

June 2023 | YoY %

Home Sales: 8,802 | -4.28%

Dollar Volume: $4,565,719,239 | -6.61%

Median Close Price: $415,000 | -4.05%

New Listings: 11,601 | -21.94%

Active Listings: 18,313 | 17.02%

Months Inventory: 2.5 | 34.70%

Days to Sell: 73 | 37.74%

Average Price PSF: $210.38 | -4.09%

Median Price PSF: $197.37 | -5.02%

Median Square Feet: 2,161 | 0.65%

Close to Original List Price: 97.60% | -5.41%

COLLIN COUNTY HOUSING REPORT – June 2023

June 2023 | YoY %

New Listings: 2,096 | – 21.5%

Average Sales Price: $608,665 | – 5.6%

Median Sales Price: $539,000 | – 5.1%

Days on Market Until Sale: 35 | + 118.8%

Inventory of Homes for Sale: 2,811 | – 7.1%

Months Supply of Inventory: 2.3

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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.