Housing Report for Dallas-Fort Worth-Arlington Metropolitan Statistical Area – November 2022
Single-Family Homes SUMMARY
Sales volume for single-family homes decreased 29.8% YoY from 8,308 to 5,832 transactions.
Year-to-date sales reached a total of 83,664 closed listings.
Dollar volume dipped from $3.59 billion to $2.84 billion.
The average sales price rose 12.57% YoY from $432,209 to $486,558,
The average price per square foot subsequently rose from $184.64 to $203.63.
The median price rose 9.72% YoY from $360,000 to $395,000,
The median price per square foot also rose from $176.62 to $193.50.
Months inventory for single-family homes rose from 1.0 to 2.5 months supply
Days to sell rose from 62 to 79.
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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. In this report the comparison is between November 2022 vs November 2021)
Dallas-Fort Worth Housing Report November 2022 (single family homes residential)
Nov 2022 | YoY %
Home Sales: 5,832 | -29.80%
Dollar Volume: $2,837,604,407 | -20.98%
Median Close Price: $395,000 | 9.72%
New Listings: 7,221 | -2.72%
Active Listings: 19,016 | 131.96%
Months Inventory: 2.5 | 158.12%
Days to Sell: 79 | 27.42%
Average Price PSF: $203.63 | 10.29%
Median Price PSF: $193.50 | 9.56%
Median Square Feet: 2,099 | 0.72%
Close to Original List Price: 94.72% | -6.05%
COLLIN COUNTY HOUSING REPORT – November 2022
Nov 2022 | YoY %
New Listings: 1,168 | + 6.3%
Average Sales Price: $573,124 | + 14.0%
Median Sales Price: $495,000 | + 10.0%
Days on Market Until Sale: 43 | + 72.0%
Months Supply of Inventory: 2.5 | + 200.0%
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Prosper, TX is located in Collin County Texas and is part of Dallas-Fort Worth metropolitan 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.
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