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

Single-Family Homes SUMMARY

Sales volume for single-family homes decreased 6.41% YoY from 8,040 to 7,525 transactions.

Year-to-date sales reached a total of 18,819 closed listings.

Dollar volume dipped from $3.8 billion to $3.75 billion.

The average sales price rose 5.59% YoY from $472,266 to $498,672.

The average price per square foot subsequently rose from $200.60 to $207.91.

Median price rose 2.15% YoY from $390,592 to $399,000.

The median price per square foot also rose from $191.12 to $195.67.

Months inventory for single-family homes rose from 2.1 to 2.9 months supply.

Days to sell declined from 92 to 84.

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

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

March 2024 | YoY %

Home Sales: 7,525 | -6.41%

Dollar Volume: $3,752,507,588 | -1.17%

Median Close Price: $399,000 | 2.15%

New Listings: 11,296 | 9.19%

Active Listings: 20,564 | 32.08%

Months Inventory: 2.9 | 38.50%

Days to Sell: 84 | -8.70%

Average Price PSF: $207.91 | 3.64%

Median Price PSF: $195.67 | 2.38%

Median Square Feet: 2,107 | -0.24%

Close to Original List Price: 96.30% | 0.83%

COLLIN COUNTY HOUSING REPORT – March 2024

March 2024 | YoY %

New Listings: 2,075 | + 19.5%

Average Sales Price: $577,745 | + 1.4%

Median Sales Price: $490,000 | – 2.0%

Days on Market Until Sale: 41 | – 22.6%

Inventory of Homes for Sale: 3,201 | + 39.4%

Months Supply of Inventory: 2.6

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

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Celina, TX is located in Collin County Texas and is part of Dallas-Fort Worth metropolitan area.

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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.