Market Statistics

North Texas home prices set a record high while inventory sets a record low in December

January 10, 2022 – DALLAS – Residential real estate prices have reached unprecedented levels in some North Texas areas while supply continues to be extremely limited for home buyers.

The price per square foot of single-family homes sold in North Texas reached an all-time high of $189 — up 21% from December 2020.

While home prices soared, the limited inventory is the key reason for a 3% decline in number of homes sold in North Texas compared to December 2020.

According to 2022 MetroTex President Taylor Walcik the vast separation between supply and demand could continue to slow the sales figures and flatten the price increases.

“Sales prices probably aren’t going to come down drastically in 2022 but they could begin to flatten out”, said Walcik. “The supply shortage may cause prospective home buyers who don’t want to continue open bidding on properties to delay their home purchase to see if the pricing will flatten out and hopefully see more listings in the 2022 selling season this Spring and Summer.”

Over 75% of the sales in North Texas are priced between $200,000 and $600,000 while the number of listings in the same price point makes up 63% of the active market.

At the end of December there were 7,250 active listings throughout the coverage area of the local MLS (North Texas Real Estate Information Systems). The number of active listings represents a 20% decline compared to the same time last year.

Housing Reports

North Texas

 

Housing Market Reports Texas - English Language Version (1)

Housing Market Reports _ Texas - Spanish Language Version (1)

 

Collin County

Housing Market Reports Collin County - English Language Version (1)

Housing Market Reports _ Collin County - Spanish Language Version (1)

Dallas County

Housing Market Reports Dallas County - English Language Version (1)

 

Housing Market Reports _ Dallas County - Spanish Language Version (1)

Denton County

Housing Market Reports Denton County - English Language Version (1)

 

Housing Market Reports _ Denton County - Spanish Language Version (1)

Ellis County

Housing Market Reports Ellis County - English Language Version (1)

 

Housing Market Reports _ Ellis County - Spanish Language Version (1)

Grayson County

Housing Market Reports Grayson County - English Language Version (1)

 

Housing Market Reports _ Grayson County - Spanish Language Version (1)

Hopkins County

Housing Market Reports Hopkins County - English Language Version (1)

 

Housing Market Reports _ Hopkins County - Spanish Language Version (2)

Hunt County

Housing Market Reports Hopkins County - English Language Version (1)

 

Housing Market Reports _ Hopkins County - Spanish Language Version (2)

Johnson County

Housing Market Reports Johnson County - English Language Version (1)

 

Housing Market Reports _ Johnson County - Spanish Language Version (1)

Kaufman County

Housing Market Reports Kaufman County - English Language Version (1)

Housing Market Reports _ Kaufman County - Spanish Language Version (1)

Navarro County

Housing Market Reports Navarro County - English Language Version (1)

 

Housing Market Reports _ NAVARRO County - Spanish Language Version (1)

Parker County

Housing Market Reports _Parker County - English Language Version (1)

Housing Market Reports _Parker County - Spanish Language Version (1)

Rockwall County

Housing Market Reports Rockwall County - English Language Version (1)

 

Housing Market Reports _ Rockwall County - Spanish Language Version (1)

Stephens County

Housing Market Reports Stephens County - English Language Version (1)

 

Housing Market Reports Stephens County - English Language Version (1)

Tarrant County

Housing Market Reports Tarrant County - English Language Version (1)

 

Housing Market Reports _ Tarrant County - Spanish Language Version (1)

Van Zandt County

Housing Market Reports Van Zandt County - English Language Version (1)

 

Housing Market Reports _ Van Zandt - Spanish Language Version (1)

Wise County

Housing Market Reports Wise County - English Language Version (1)

 

Housing Market Reports _ Wise County - Spanish Language Version (1)

Regio Norte

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