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

Single-Family Homes SUMMARY

Sales volume for single-family homes decreased 16.42% YoY from 9,301 to 7,774 transactions.

Year-to-date sales reached a total of 71,148 closed listings.

Dollar volume dipped from $4.06 billion to $3.74 billion.

The average sales price rose 10.35% YoY from $436,208 to $481,354.

The average price per square foot subsequently rose from $182.85 to $206.02.

Median price rose 12.38% YoY from $357,500 to $401,754.

The median price per square foot also rose from $173.32 to $198.40.

Months inventory for single-family homes rose from 1.2 to 2.4 months supply.

Days to sell rose from 56 to 66.

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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 September 2022 (single family homes residential)

September 2022 | YoY %

Home Sales:  7,774 | -16.42%

Dollar Volume:  $3,742,046,586 | -7.77%

Median Close Price:  $401,754 | 12.38%

New Listings:  10,001 | 3.68%

Active Listings:  19,217 | 80.70%

Months Inventory:  2.4 | 93.82%

Days to Sell:  66 | 17.86%

Average Price PSF:  $206.02 | 12.67%

Median Price PSF:  $198.40 | 14.47%

Median Square Feet:  2,087 | -1.09%

Close to Original List Price:  96.44% | -4.47%

COLLIN COUNTY HOUSING REPORT – September 2022

September 2022 |  YoY %

New Listings:  1,591 | + 0.1%

Average Sales Price:   $584,889 | + 16.7%

Median Sales Price:   $515,250 | + 18.9%

Days on Market Until Sale:   32 | + 77.8%

Months Supply of Inventory:   2.5 | + 200.0%

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Consider New Construction Homes in Prosper Texas

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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