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February 2024 DFW Real Estate Stats

February 2024 showed positive trends in terms of increased new listings, active listings, and a decrease in days on market across North Texas. However, closed sales varied, with some counties experiencing notable declines. Additionally, while the average sales price increased in most counties, Collin County stood out with a slight decline. These variations indicate a dynamic real estate market with differing trends across different counties in North Texas.

  1. New Listings:
       – Overall Trend: All counties experienced significant increases in new listings compared to February 2023, indicating a surge in properties entering the market.
       – Notable Difference: Collin County saw the highest increase at 46.6%, while Denton County followed closely with a 38.6% increase.
  1. Active Listings:
       – Overall Trend: Active listings rose across all counties, suggesting growth in available inventory compared to February 2023.
       – Notable Difference: Dallas County had the highest increase at 30.9%, while Denton County had a notable rise of 20.6%.
  1. Days on Market:
       – Overall Trend: Days on market decreased in most counties, indicating properties sold faster compared to February 2023.
       – Notable Difference: Denton County experienced the most significant decrease at 12.7%, while Tarrant County saw a more modest decline of 1.9%. Rockwall County was an outlier with a 13% increase in days on market over February 2023.
  1. Closed Sales:
       – Overall Trend: Closed sales varied across counties, with some experiencing slight declines while others saw more significant decreases compared to February 2023.
       – Notable Difference: Denton County had the highest decline at 11.8%, whereas Collin County saw a slight decrease of 2.9%. Rockwall County was an outlier with a 3.9% increase in closed sales over February 2023.
  1. Average Sales Price:
       – Overall Trend: The average sales price increased in most counties, indicating a positive trend in pricing compared to February 2023.
       – Notable Difference: Collin County experienced a slight decline of 1.3% in average sales price, contrasting with the overall upward trend observed in other counties.

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.

For the full report from the Texas A&M Real Estate Research Center, click here. For NTREIS County reports click here.

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January 2024 DFW Real Estate Stats

January 2024 brought a surge in North Texas real estate listings, with Collin County leading at a 25% increase in new listings compared to the same period last year. Dallas County follows suit with a commendable 14% uptick, while Denton and Rockwall counties record rises of 12% and 32%, respectively. Tarrant County, while still showing growth, experiences a more modest increase of 6% in new listings. While days on market varied—Collin improved by 1.8%, Dallas increased by 9%, Denton dropped by 13%, and Rockwall rose by 6%—closed sales were up in all counties except Tarrant, which saw a 4% decrease.

In summary, the January 2024 real estate statistics paint a picture of a vibrant and dynamic market in North Texas. The surge in new listings signifies growing confidence among sellers, while variations in days on the market underscore the nuanced nature of local market conditions. Despite minor fluctuations, the overall trajectory remains positive, reaffirming North Texas as a robust hub for real estate activity.

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.

For the full report from the Texas A&M Real Estate Research Center, click here. For NTREIS County reports click here.

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2023 DFW Real Estate Year-End Stats at a Glance

Our third annual stats report of the DFW real estate market is here!

We’ve taken our monthly stats-at-a-glance reports from January through December of 2023, totaled, averaged, and compared the data to the numbers from 2022.  The result is an annual report of the DFW real estate market in 2023.  

For more stats information, pdfs and graphics of our stats including detailed information by MLS area and condo stats, visit the Resources section on our website at DFW Area Real Estate Statistics | Republic Title of Texas.

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December 2023 DFW Real Estate Stats

In December 2023, real estate statistics across various counties showed mixed trends. In Collin County, new listings increased by 15%, active listings rose by 13.8%, and the average sales price went up by 3.5% to $569,839. However, there was a 2.1% increase in days on market, reaching 49 days. Price per square foot also saw a 5.8% uptick at $220, while closed sales experienced a slight decrease of 0.1%, totaling 1083.

Dallas County witnessed a 14.6% increase in new listings, with active listings up by 16.8%. The average sales price soared by 15.8% to $518,225, and the price per square foot rose by 7.1% to $225. Days on market increased significantly by 10.8%, reaching 42 days, while closed sales declined by 8.9%, totaling 1345.

Denton County reported a more modest increase in new listings at 2.9%, with active listings up by 2.5%. The average sales price grew by 4.7% to $549,571, and the price per square foot increased by 2.4%. Days on market experienced a 1.9% rise, averaging 54 days. However, closed sales saw a substantial decline of 16.2%, totaling 912.

Rockwall County saw a 7.7% increase in new listings, but total actives were down by 6.4%. The average sales price rose by 4.1% to $479,202, and the price per square foot increased by 1.1%. Days on market surged by 25.9%, averaging 73 days, while closed sales declined by 10.4%, totaling 164.

In Tarrant County, new listings decreased by 2.3%, but total active listings went up by 7.8%. The average sales price, price per square foot, and days on market increased by 1.1%, 1.1%, and 4.3%, respectively. Closed sales, however, experienced a notable decline of 10.2%, totaling 1534.

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.

For the full report from the Texas A&M Real Estate Research Center, click here. For NTREIS County reports click here.

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November 2023 DFW Real Estate Stats

November stats are in! New listings increased over November 2022 in all counties except for Denton County. Rockwall County saw the biggest increase in new listings with 219 (up 16.5% over November 2022). Days on market increased in Denton County (7.7% YoY), Dallas County (6.1% YoY), and Tarrant County (7.9% YoY) while Collin County slightly decreased by 2.3% from 2022. The National Association of Realtors is forecasting that Dallas-Fort Worth area will be one of the country’s top housing marketing in 2024, second to Austin. These stats provide valuable insights for both buyers and sellers as we round out 2023 and prepare for the new year.

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.

For the full report from the Texas A&M Real Estate Research Center, click here. For NTREIS County reports click here.

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October 2023 DFW Real Estate Stats

October Stats are in! In Collin, Dallas, Denton, Tarrant and Rockwall Counties, new Listings, active listing counts, days on market, average sales prices are up a few percentage points from last year. Closed sales across the counties, with the exception of Collin County with 1122 sales in October are down a few percentage points from 2022. Good news for Buyers who have more choices as we move into the winter! Also please note that we have included condominium statistics for all counties. Happy Thanksgiving from all your friends at Republic Title!

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.

For the full report from the Texas A&M Real Estate Research Center, click here. For NTREIS County reports click here.

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September 2023 DFW Real Estate Stats

In September 2023, active listings varied across counties. Collin County witnessed a 10% decline, Denton County experienced a 10% decrease, while Dallas County and Tarrant County saw increases of almost 4% and 3.7% respectively. Rockwall County noted a 4.5% reduction in active listings.

Regarding closed price per square foot, Collin County saw an increase of 2.3%, Dallas County experienced a 3% rise, Denton County remained flat, and Rockwall County and Tarrant County witnessed decreases of 3.6% and 1.1% respectively. Average days on Market are still up across the board over 2022 with Rockwall County having the largest increase of 97% increase.

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.

For the full report from the Texas A&M Real Estate Research Center, click here. For NTREIS County reports click here.

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August 2023 DFW Real Estate Stats

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.

For the full report from the Texas A&M Real Estate Research Center, click here. For NTREIS County reports click here.

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July 2023 DFW Real Estate Stats

July 2023 brought distinct trends to the real estate markets of Collin, Dallas, Denton, Rockwall, and Tarrant Counties. Collin and Dallas Counties experienced an 18% decrease in new listings, coupled with increased days on the market (63% and 65% respectively).

While average sales prices surged in Dallas County (8%), Collin County witnessed a 5% rise in price per square foot, offset by slight decreases in average sales price and number of sales. Denton County faced a significant 24% decline in new listings, accompanied by a notable 119% increase in days on the market.

Although average sales prices and price per square foot increased (2% and 4% respectively), sales decreased by 7%. Rockwall County encountered reduced new listings (13%) and an extended period on the market (68%). While active listings rose (4%), average sales prices dropped by 11.5% and the number of sales decreased by 14%. Tarrant County saw a 23% decline in new listings and a substantial 113% rise in days on the market. Active listings decreased by 2.6%, average sales prices dipped by 1.3%, and the price per square foot increased by 2.5%, resulting in a significant 12.7% reduction in the number of sales.

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.

For the full report from the Texas A&M Real Estate Research Center, click here. For NTREIS County reports click here.

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June 2023 DFW Area Real Estate Stats

The Dallas real estate market has seen fluctuations in different counties, as of the latest available data. In Collin County, new listings have declined by 21.5%, with closed sales down by 3.7%, and the median sales price experiencing a 5.1% decrease. Similarly, Dallas County has witnessed a decline of 19.3% in new listings, a significant drop of 12.1% in closed sales, and a minor decrease of 0.8% in the median sales price.

Denton County, on the other hand, has experienced a decrease of 19.7% in new listings, while closed sales have surprisingly increased by 1.2%. However, the median sales price in Denton County has still seen a downturn of 1.2%. Tarrant County has seen the steepest decline in new listings at 22.6%, coupled with a significant drop of 10.2% in closed sales and a median sales price decrease of 4.3%. Lastly, Rockwall County has experienced a substantial decline of 25.2% in new listings, a notable drop of 19.5% in closed sales, and a 2.2% decrease in the median sales price.

Overall, these statistics indicate varying trends in the Dallas real estate market, with some counties witnessing significant declines in both new listings and closed sales, while others show mixed results. The changes in median sales prices are also noteworthy, showcasing the complexities and challenges the local real estate market is currently facing. As the market continues to evolve, it will be essential for potential buyers and sellers to stay informed with the most up-to-date data and trends from Realtor professionals to make informed decisions in this dynamic environment.

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.

For the full report from the Texas A&M Real Estate Research Center, click here. For NTREIS County reports click here.