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

Single-Family Homes SUMMARY

Sales volume for single-family homes decreased 0.04% YoY from 9,112 to 9,108 transactions.

Year-to-date sales reached a total of 37,317 closed listings.

Dollar volume rose from $4.08 billion to $4.9 billion.

The average sales price rose 20.01% YoY from $447,888 to $537,515

The average price per square foot subsequently rose from $176.92 to $221.02.

Median price rose 22.62% YoY from $356,000 to $436,510

The median price per square foot also rose from $165.09 to$207.95.

Months inventory for single-family homes rose from 0.9 to 1.3 months supply.

Days to sell declined from 56 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. )

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

May 2022 | YoY %

Home Sales: 9,108 | -0.04%

Dollar Volume: $4,895,690,965 | 19.96%

Median Close Price: $436,510 | 22.62%

New Listings: 12,494 | 20.03%

Active Listings: 10,598 | 27.14%

Months Inventory: 1.3 | 35.38%

Days to Sell: 53 | -5.36%

Average Price PSF: $221.02 | 24.93%

Median Price PSF: $207.95 | 25.96%

Median Square Feet: 2,150 | -2.49%

Close to Original List Price: 105.10% | 1.62%

COLLIN COUNTY HOUSING REPORT – May 2022

May 2022 | YoY %

New Listings: 2,315 | + 11.8%

Average Sales Price: $647,986 | + 27.0%

Median Sales Price: $575,535 | + 32.0%

Days on Market Until Sale: 14 | – 12.5%

Months Supply of Inventory: 1.3 | 0.0%

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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.