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

Single-Family Homes SUMMARY

Sales volume for single-family homes decreased 21.99% YoY from 8,571 to 6,686 transactions.

Year-to-date sales reached a total of 77,845 closed listings.

Dollar volume dipped from $3.7 billion to $3.22 billion.

The average sales price rose 11.67% YoY from $431,456 to $481,787

The average price per square foot subsequently rose from $182.61 to $205.43.

The Median price rose 11.11% YoY from $360,000 to $400,000,

The median price per square foot also rose from $174.23 to $195.10.

Months inventory for single-family homes rose from 1.1 to 2.5 months supply

Days to sell rose from 59 to 71.
 

(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 October 2022 vs October 2021)

Dallas-Fort Worth Housing Report October 2022 - Oleg Sedletsky Realtor in DFW - 214-940-8149

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

Oct 2022 | YoY %

Home Sales:  6,686 | -21.99%

Dollar Volume:  $3,221,227,655 | -12.89%

Median Close Price:  $400,000 | 11.11%

New Listings:  8,808 | -1.63%

Active Listings:  19,529 | 98.69%

Months Inventory:  2.5 | 114.98%

Days to Sell:  71 | 20.34%

Average Price PSF:  $205.43 | 12.50%

Median Price PSF:  $195.10 | 11.98%

Median Square Feet:  2,087 | -0.95%

Close to Original List Price:  95.79% | -4.85%

COLLIN COUNTY HOUSING REPORT – October 2022

Oct 2022 |  YoY %

New Listings:  1,426 | + 1.3%

Average Sales Price:   $557,164 | + 9.6%

Median Sales Price:   $499,500 | + 12.3%

Days on Market Until Sale:   36 | + 63.6%

Months Supply of Inventory:   2.5 | + 200.0%

New Construction Homes in Prosper, Tx. 2 Story-4 Beds-3 Baths-3200 Sqft. Call 214-940-8149 Oleg Sedletsky Realtor for help with your New Home purchase
New Construction Homes in Prosper, Tx. 2 Story-4 Beds-3 Baths-3200 Sqft. Call 214-940-8149 Oleg Sedletsky Realtor for help with your New Home purchase

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.