DallasFort WorthSouthlake / TarrantThe North / CollinRockwallDentonParker County

Market Update

Dallas

Q3 2024

Residential Property Snapshot

Single Family Homes & Condos | Q3 2024
Med. Sales Price
$360k
3% less than in
Q3 2023
Avg. Days On Market
41
41% more than in
Q3 2023
Closed Sales
4,878
35% more than in
Q3 2023
Inventory
6,048
52% more than in
Q3 2023

Sales Price vs. Closed Sales

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q3 Last 5 Years
Closed
New
Inventory

Closed Sales by Price

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q3 2024

Median Sales Price vs. Average Days on Market

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q3 Last 5 Years
By Year
By Price

Market Data by Year

Single Family Homes & Condos

  • Single Family Homes
  • Condos

 |  Q3 2024

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'23 - '24
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
52%
New Listings
New Listings represents the number of properties listed during the quarter.
14%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
55%
Closed Sales
35%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
41%

25 Communities

Communities

Addison

Median
$570k
DOM
35
Sales
27
Inv
26

Bluffview

Median
$2.38m
DOM
189
Sales
1
Inv
5

Briarwood

Median
$1.29m
DOM
23
Sales
9
Inv
7

Casa Linda

Median
$822k
DOM
55
Sales
5
Inv
13

Dallas

Median
$400k
DOM
44
Sales
2,405
Inv
3,384

Devonshire

Median
$2.53m
DOM
143
Sales
3
Inv
5

East Dallas

Median
$550k
DOM
37
Sales
501
Inv
632

Farmers Branch

Median
$385k
DOM
34
Sales
70
Inv
62

Forest Hills

Median
$1m
DOM
33
Sales
7
Inv
8

Greenway Parks

Median
$3.7m
DOM
41
Sales
1
Inv
14

Highland Park

Median
$2.57m
DOM
46
Sales
32
Inv
58

Irving

Median
$390k
DOM
33
Sales
284
Inv
270

Lake Highlands

Median
$515k
DOM
42
Sales
194
Inv
251

Lakewood

Median
$1.1m
DOM
32
Sales
39
Inv
44

M Streets

Median
$936k
DOM
31
Sales
21
Inv
11

Midway Hollow

Median
$1.15m
DOM
50
Sales
32
Inv
46

Oak Cliff

Median
$313k
DOM
40
Sales
208
Inv
310

Old Lake Highlands

Median
$518k
DOM
29
Sales
12
Inv
12

Preston Hollow

Median
$1.63m
DOM
76
Sales
57
Inv
77

Santa Monica/Hollywood Heights

Median
$760k
DOM
20
Sales
7
Inv
4

Turtle Creek

Median
$390k
DOM
42
Sales
21
Inv
59

University Park

Median
$2.23m
DOM
32
Sales
50
Inv
76

Uptown

Median
$485k
DOM
47
Sales
37
Inv
58

75038

Median
$695k
DOM
36
Sales
30
Inv
35

75229

Median
$800k
DOM
46
Sales
75
Inv
113

Data provided by North Texas Real Estate Information Systems Inc. ntreis. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Sep 30, 2024 end of day. This report was last updated Oct 3, 2024.

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