Housing Report for Dallas-Fort Worth-Arlington Metropolitan Statistical Area – May 2024
Single-Family Homes SUMMARY
Sales volume for single-family homes increased 0.08% YoY from 8,791 to 8,798 transactions.
Year-to-date sales reached a total of 35,176 closed listings.
Dollar volume rose from $4.47 billion to $4.71 billion.
The average sales price rose 5.25% YoY from $509,040 to $535,786,
The average price per square foot subsequently rose from $209.78 to $215.41.
Median price rose 0.73% YoY from $410,000 to $412,999,
The median price per square foot also rose from $196.70 to $199.79.
Months inventory for single-family homes rose from 2.2 to 3.4 months supply,
Days to sell declined from 77 to 76
—
(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 2024 (single family homes residential)
May 2024 | YoY %
Home Sales: 8,798 | 0.08%
Dollar Volume: $4,713,844,023 | 5.34%
Median Close Price: $412,999 | 0.73%
New Listings: 12,680 | 13.91%
Active Listings: 23,781 | 48.86%
Months Inventory: 3.4 | 53.63%
Days to Sell: 76 | -1.30%
Average Price PSF: $215.41 | 2.68%
Median Price PSF: $199.79 | 1.57%
Median Square Feet: 2,136 | 0.52%
Close to Original List Price: 97.05% | -0.34%
COLLIN COUNTY HOUSING REPORT – May 2024
May 2024 | YoY %
New Listings: 2,460 | + 22.3%
Average Sales Price: $588,002 | – 0.2%
Median Sales Price: $510,000 | – 2.9%
Days on Market Until Sale: 37 | – 9.8%
Inventory of Homes for Sale: 4,193 | + 66.9%
Months Supply of Inventory: 3.3
Note! Sales Prices do not include prices from any previous listing contracts or seller concessions.
Relocating to Dallas-Fort Worth?
Consider New Construction Homes in Celina, Texas
Celina, 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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