The North Texas real estate market in August 2023 continues to present intriguing dynamics. Here’s the latest data:
Average Days on Market:
- Average days on market up across the board with Collin County up 47.8%, Dallas County up 33.3%, Denton County up 81%, Tarrant County up 70% and…Rockwall County: Surging over 2022 with an increase of 109%
Closed Sales Year Over Year:
- Across all counties: Down, indicating a challenging market
Average Sales Prices:
- Dallas County: On the rise by a remarkable increase of 16% , with an average sales price of $550,540
- Collin County: Down slightly (2.2%), with an average sales price of $594,537
In this ever-evolving real estate landscape, understanding local market trends is essential. Whether you’re buying, selling, or investing, our team is here to provide expert guidance tailored to your needs.
Our stats infographics include a year over year comparison and area highlights for single family homes broken down by county. We encourage you to share these infographics and video with your sphere.
For more stats information, pdfs and graphics of our stats including detailed information by county, visit the Resources section on our website at DFW Area Real Estate Statistics | Republic Title of Texas.