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Dallas/Ft. Worth Metroplex Market Report Feb-23
Source: North Texas Real Estate Information System (NTREIS)
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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 |
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The Number of Sold Properties by Month
Feb-22 vs Feb-23
Clarus MarketMetrics® |
3/10/2023 |
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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% |
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|
|
|
|
|
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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% |
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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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