Dallas/Ft. Worth Metroplex Market Report Feb-23
Source: North Texas Real Estate Information System (NTREIS) 

North Texas Real Estate Information System (NTREIS)  reports median single-family home price up 2.9% in Feb-23 over Jan-23, sales climb to 5,471.

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Feb-23 Quick Facts:

  • The median price of existing single-family homes increased to $350,000 up 2.9% vs Jan-23.
  • Existing single-family home sales increased 38.5% from Jan-23 for a Feb-23 total of 5,471 sold units.
  • Condos increased in price to $295,000 up 13.4% vs Jan-23.
  • Existing condo sales increased 33.3% in Feb-23 over Jan-23 for a total of 380 sold units.

Single Family Median Home Price
Feb-22 vs Feb-23
Clarus MarketMetrics®
3/10/2023

The Number of Sold Properties by Month
Feb-22 vs Feb-23
Clarus MarketMetrics®
3/10/2023

Feb-23 North Texas Real Estate Information System (NTREIS)  Regional Sales and Price Activity

North Texas Real Estate Information System (NTREIS)  Median Price Percent Change in Price from Prior Month Percent Change in Price from Prior Year Total # Units Percent Change in Sales from Prior Month Percent Change in Sales from Prior Year
  Feb-23 Jan-23 Feb-22 Feb-23 Jan-23 Feb-22
MLS Wide            
NTREIS (Single Family) $350,000 2.9% -0.4% 5,471 38.5% -13.8%
NTREIS (Condo) $295,000 13.4% 1.7% 380 33.3% -29.0%
             
NTREIS Region Cities            
Single Family Only            
Abilene $200,000 -10.5% -11.1% 111 46.1% -5.1%
Allen $499,500 -2.1% 0.3% 74 85.0% 8.8%
Arlington $321,000 4.8% -2.7% 198 32.0% -16.5%
Bedford $375,000 0.9% 1.9% 31 29.2% -11.4%
Burleson $328,750 2.0% -0.4% 54 42.1% -1.8%
Carrollton $410,000 6.5% -1.4% 75 78.6% 5.6%
Cedar Hill $310,000 12.7% 0.8% 33 73.7% -8.3%
Coppell $540,000 -10.7% -5.3% 18 28.6% -21.7%
Dallas $460,000 26.2% 2.2% 482 59.6% -21.6%
Denton $380,000 5.6% 3.7% 87 52.6% 0.0%
Euless $360,000 0.0% 10.8% 26 225.0% -10.3%
Flower Mound $604,950 7.1% 1.0% 46 39.4% -16.4%
Forney $325,000 -10.3% -9.7% 69 56.8% -16.9%
Fort Worth $315,250 0.0% -6.9% 554 31.3% -25.2%
Frisco $562,450 -9.8% -9.8% 134 55.8% 14.5%
Garland $307,500 7.3% 0.8% 112 7.7% -18.2%
Granbury $380,000 4.5% 13.4% 52 4.0% 6.1%
Grand Prairie $340,000 12.4% -3.1% 62 6.9% -27.1%
Grapevine $543,000 10.0% 13.1% 26 44.4% -10.3%
Hurst $395,000 31.7% 19.3% 25 66.7% 0.0%
Irving $345,900 -2.1% -1.3% 64 28.0% -7.2%
Keller $575,000 25.3% -2.5% 31 47.6% -29.5%
Lancaster $296,745 9.9% 5.1% 20 5.3% 25.0%
Lewisville $375,000 2.2% -8.0% 59 37.2% -10.6%
Little Elm $404,500 2.4% -7.2% 73 43.1% -6.4%
Mansfield $400,000 -3.6% -1.0% 45 9.8% -10.0%
Mesquite $266,500 -1.3% 5.8% 74 34.5% -18.7%
Midlothian $372,500 -3.6% -11.3% 30 30.4% -23.1%
North Richland Hills $325,000 -5.1% -14.0% 61 32.6% 3.4%
Plano $499,500 1.4% 9.8% 159 47.2% 25.2%
Richardson $465,000 10.5% 13.3% 69 64.3% 23.2%
Rockwall $412,500 -8.1% -8.3% 47 46.9% -7.8%
Rowlett $357,000 -10.8% -5.8% 51 37.8% -7.3%
Sherman $265,750 36.3% -2.5% 38 100.0% -17.4%
The Colony $396,250 -5.4% 8.1% 46 130.0% 4.5%
Waxahachie $336,000 -4.0% -2.8% 51 88.9% -1.9%
Weatherford $352,500 3.7% 0.7% 46 4.5% -35.2%
Wylie $417,450 -10.1% -0.5% 48 50.0% -20.0%

Single Family = Single-Family
Condo = Townhouse/Condo
Reports generated from Clarus MarketMetrics®

Contact your real estate professional for additional local market trends in your neighborhood. Reports were generated from Clarus MarketMetrics®. Clarus MarketMetrics® is available as a member benefit to those members who belong to NTREIS MLS. Visit your mls site for registration information.

NTREIS is a real estate information and technology solutions provider serving the real estate community in a coverage area exceeding 48,000 square miles in North Texas, including the Dallas-Fort Worth Metropolitan Area. NTREIS provides information management services to more than 22,000 MLS subscribers of its 15 Shareholder REALTOR® Associations, including more than 5,000 real estate offices. More information is available at www.ntreis.net.

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