February 2024 Market Report | KW Legacy

Page 1


North Texas Area

Collin County Jump to Collin County Report

Dallas County Jump to Dallas County Report

Denton County Jump to Denton County Report

Fannin-Lamar Counties Jump to Fannin-Lamar Report


Grayson County Jump to Grayson County Report

Kaufman County Jump to Kaufman County Report

Rockwall-Hunt Counties Jump to Rockwall-Hunt Counties Report

Tarrant County Jump to Tarrant County Report


What’s your home really worth in today’s market? That's really the question you should be asking yourself. Our market is incredibly diverse, and rapidly changing. Values vary not just by neighborhood, but by street. Your home isn't necessarily worth what your neighbors’ home is. At the end of the day, it’s the current market that sets the value of your home. So, do you know what your home is worth in today's market?

I can help... Contact me for a confidential, no obligation assessment of your home's value.


Why Having Your Own Agent Matters When Buying a New Construction Home

Finding the right home is one of the biggest challenges for potential buyers today. Right now, the supply of homes for sale is still low. But there is a bright spot. Newly built homes make up a larger percent of the total homes available for sale than normal. That’s why, if you’re craving more options, it makes sense to see if a newly built home is right for you. But it’s important to remember the process of working with a builder is different than buying from a homeowner. And, while builders typically have sales agents on-site, having your own agent helps make sure you have proper representation throughout your homebuying journey. As Realtor.com says: “Keep in mind that the on-site agent you meet at a new-construction office works for the builder. So, as the homebuyer, it’s a smart idea to bring in your own agent, as well, to help you negotiate and stay protected in the transaction.” Here’s how having your own agent is key when you build or buy a new construction home.


Collin County What's in the Collin County data? The market for detached residential units saw 837 closed sales at a median price of $490k, and 22.1% of properties sold above their list price. There was a total of 1,382 new listings, providing a 2.5 month supply with an average of 17 days on the market without price reduction. The market for condo and townhome units saw 53 closed sales at a median price of $425k, and 18.9% of properties sold above their list price. There were 141 new listings, providing a 3.9 month supply with an average of 26 days on the market without price reduction.


DETACHED

Detached Residential Homes

1,382

837

New Listings

Closed Sales

2.5

$490K

Months of Supply

Median Sales Price

22.1%

17

Sold Above List Price

Not Price Reduced Days on Market

NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.


CONDO

Condo & Townhomes

141

53

New Listings

Closed Sales

3.9

$425K

Months of Supply

Median Sales Price

18.9%

26

Sold Above List Price

Not Price Reduced Days on Market


Collin County JANUARY 2023 - JANUARY 2024

A C T IVE LISTING S

C L O SED SALES

3,000 2,500 2,000 1,500 1,000 500 0

Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023

Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Jan 2024

Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Jan 2024

Detached Residential Homes Last 12 months, year-over-year. *Note: Some historical data not available 250

200

150

100

50

0

Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023

Condos & Townhomes Last 12 months, year-over-year. *Note: Some historical data not available


Median Sales Price

$600,000 $500,000

Detached Residential

$400,000

Homes The median sales price was $490k as of January 2024.

$300,000 $200,000 $100,000

20 24 Ja n

20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

M ar 20 23

20 23

Fe b

*Note: Some historical data not available

Ap r2 02 3 M ay 20 23 Ju n 20 23

$0

Ja n

The median sales price was $425k as of January 2024.

20 23

Condos & Townhomes

Not PR Days On the Market

30 25 20

Single-Family Homes

10

There was an average of 17 days on the market, without price reduction, as of January 2024.

5

Condos & Townhomes

0

There was an average of 26 days on the market, without price reduction, as of January 2024.

Sold Above List Price

20 24 Ja n

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

Ju l2 02 3

Ju n

20 23

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

Ja n

20 23

15

*Note: Some historical data not available

50%

40%

Detached Residential Homes

30%

22.1% of homes sold above their list price in January 2024.

20%

*Note: Some historical data not available

Back to Table of Contents

20 24 Ja n

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

M ar 20 23

20 23

Fe b

Ap r2 02 3

0%

20 23

18.9% of homes sold above their list price in January 2024.

10%

Ja n

Condos & Townhomes



Dallas County What's in the Dallas County data? The market for detached residential units saw 1,023 closed sales at a median price of $352k, and 25.3% of properties sold above their list price. There was a total of 1,672 new listings, providing a 2.8 month supply with an average of 16 days on the market without price reduction. The market for condo and townhome units saw 187 closed sales at a median price of $320k, and 23% of properties sold above their list price. There were 452 new listings, providing a 4.5 month supply with an average of 24 days on the market without price reduction.


DETACHED

Detached Residential Homes

1,672

1,023

New Listings

Closed Sales

2.8

$352K

Months of Supply

Median Sales Price

25.3%

16

Sold Above List Price

Not Price Reduced Days on Market

NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.


CONDO

Condo & Townhomes

452

187

New Listings

Closed Sales

4.5

$320K

Months of Supply

Median Sales Price

23%

24

Sold Above List Price

Not Price Reduced Days on Market


Dallas County JANUARY 2023 - JANUARY 2024

A C T IVE LISTING S

C L O SED SALES

4,000

3,000

2,000

1,000

0

Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023

Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Jan 2024

Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Jan 2024

Detached Residential Homes Last 12 months, year-over-year. *Note: Some historical data not available 1,000

800

600

400

200

0

Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023

Condos & Townhomes Last 12 months, year-over-year. *Note: Some historical data not available


Median Sales Price

$400,000

$300,000

Detached Residential Homes The median sales price was $352k as of January 2024.

$200,000

$100,000

Condos & Townhomes 20 24 Ja n

20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

*Note: Some historical data not available

20 23

20 23

$0

Ja n

The median sales price was $320k as of January 2024.

Not PR Days On the Market

25

20

Single-Family Homes

15

There was an average of 16 days on the market, without price reduction, as of January 2024.

10

Detached Residential

20 24 Ja n

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

20 23 Ju n

M ay

M ar 20 23

20 23

Fe b

Ja n

Sold Above List Price

Ju l2 02 3

There was an average of 24 days on the market, without price reduction, as of January 2024.

20 23

0

Ap r2 02 3

Condos & Townhomes

20 23

5

*Note: Some historical data not available

50%

40%

Homes

30%

25.3% of homes sold above their list price in January 2024.

20%

10%

Condos & Townhomes

*Note: Some historical data not available

Back to Table of Contents

20 24 Ja n

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23

0%

Ja n

23% of homes sold above their list price in January 2024.



Denton County What's in the Denton County data? The market for detached residential units saw 741 closed sales at a median price of $444k, and 20.5% of properties sold above their list price. There was a total of 1,268 new listings, providing a 2.9 month supply with an average of 16 days on the market without price reduction. The market for condo and townhome units saw 29 closed sales at a median price of $320k, and 23% of properties sold above their list price. There were 452 new listings, providing a 4.5 month supply with an average of 24 days on the market without price reduction.


DETACHED

Detached Residential Homes

1,268

741

New Listings

Closed Sales

2.9

$444K

Months of Supply

Median Sales Price

20.5%

16

Sold Above List Price

Not Price Reduced Days on Market

NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.


CONDO

Condo & Townhomes

452

29

New Listings

Closed Sales

4.5

$320K

Months of Supply

Median Sales Price

23%

24

Sold Above List Price

Not Price Reduced Days on Market


Denton County JANUARY 2023 - JANUARY 2024

A C T IVE LISTING S

C L O SED SALES

3,000 2,500 2,000 1,500 1,000 500 0

Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023

Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Jan 2024

Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Jan 2024

Detached Residential Homes Last 12 months, year-over-year. *Note: Some historical data not available 120 100 80 60 40 20 0

Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023

Condos & Townhomes Last 12 months, year-over-year. *Note: Some historical data not available


Median Sales Price

$500,000

$400,000

Detached Residential Homes

$300,000

The median sales price was $444k as of January 2024.

$200,000

$100,000

Condos & Townhomes 20 24 Ja n

20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

*Note: Some historical data not available

20 23

20 23

$0

Ja n

The median sales price was $320k as of January 2024.

Not PR Days On the Market

35 30 25

Single-Family Homes

20

There was an average of 16 days on the market, without price reduction, as of January 2024.

15 10

Condos & Townhomes

5

There was an average of 24 days on the market, without price reduction, as of January 2024.

Sold Above List Price Detached Residential

20 24 Ja n

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

Ju l2 02 3

Ju n

20 23

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

Ja n

20 23

0

*Note: Some historical data not available

50%

40%

Homes

30%

20.5% of homes sold above their list price in January 2024.

20%

10%

Condos & Townhomes

*Note: Some historical data not available

Back to Table of Contents

20 24 Ja n

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23

0%

Ja n

23% of homes sold above their list price in January 2024.



Fannin-Lamar Counties What's in the Fannin-Lamar Counties data? The market for detached residential units saw 349 closed sales at a median price of $247k, and 5.8% of properties sold above their list price. There was a total of 96 new listings, providing a 6.7 month supply with an average of 27 days on the market without price reduction. The market for condo and townhome units saw 0 closed sales at a median price of $0, and 0% of properties sold above their list price. There was 1 new listing, providing a 0 month supply with an average of 0 days on the market without price reduction.


DETACHED

Detached Residential Homes

96

349

New Listings

Closed Sales

6.7

$247K

Months of Supply

Median Sales Price

5.8%

27

Sold Above List Price

Not Price Reduced Days on Market

NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.


CONDO

Condo & Townhomes

1

0

New Listing

Closed Sales

0

$0

Months of Supply

Median Sales Price

0%

0

Sold Above List Price

Not Price Reduced Days on Market


Fannin-Lamar Counties JANUARY 2023 - JANUARY 2024

A C T IVE LISTING S

C L O SED SALES

400

300

200

100

0

Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023

Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Jan 2024

Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Jan 2024

Detached Residential Homes Last 12 months, year-over-year. *Note: Some historical data not available 6 5 4 3 2 1 0

Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023

Condos & Townhomes Last 12 months, year-over-year. *Note: Some historical data not available


Median Sales Price

$300,000 $250,000

Detached Residential

$200,000

Homes The median sales price was $247k as of January 2024.

$150,000 $100,000 $50,000

20 24 Ja n

20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

M ar 20 23

20 23

Fe b

*Note: Some historical data not available

Ap r2 02 3 M ay 20 23 Ju n 20 23

$0

Ja n

The median sales price was $0 as of January 2024.

20 23

Condos & Townhomes

Not PR Days On the Market

35 30 25

Single-Family Homes

20

There was an average of 27 days on the market, without price reduction, as of January 2024.

15 10

Condos & Townhomes

5

There was an average of 0 days on the market, without price reduction, as of January 2024.

Back to Table of Contents

20 24 Ja n

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

20 24 Ja n

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

0%

M ay

*Note: Some historical data not available

5%

Ap r2 02 3

0% of homes sold above their list price in January 2024.

10%

M ar 20 23

Condos & Townhomes

15%

20 23

5.8% of homes sold above their list price in January 2024.

20%

Fe b

Homes

25%

20 23

Detached Residential

*Note: Some historical data not available

30%

Ja n

Sold Above List Price

Ju l2 02 3

Ju n

20 23

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

Ja n

20 23

0



Grayson County What's in the Grayson County data? The market for detached residential units saw 142 closed sales at a median price of $308k, and 17.6% of properties sold above their list price. There was a total of 249 new listings, providing a 4.9 month supply with an average of 30 days on the market without price reduction. The market for condo and townhome units saw 3 closed sales at a median price of $257k, and 0% of properties sold above their list price. There were 11 new listings, providing a 6 month supply with an average of 0 days on the market without price reduction.


DETACHED

Detached Residential Homes

249

142

New Listings

Closed Sales

4.9

$308K

Months of Supply

Median Sales Price

17.6%

30

Sold Above List Price

Not Price Reduced Days on Market

NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.


CONDO

Condo & Townhomes

11

3

New Listings

Closed Sales

6

$257K

Months of Supply

Median Sales Price

0%

0

Sold Above List Price

Not Price Reduced Days on Market


Grayson County JANUARY 2023 - JANUARY 2024

A C T IVE LISTING S

C L O SED SALES

800

600

400

200

0

Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023

Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Jan 2024

Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Jan 2024

Detached Residential Homes Last 12 months, year-over-year. *Note: Some historical data not available 30 25 20 15 10 5 0

Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023

Condos & Townhomes Last 12 months, year-over-year. *Note: Some historical data not available


Median Sales Price

$400,000

$300,000

Detached Residential Homes The median sales price was $308k as of January 2024.

$200,000

$100,000

Condos & Townhomes 20 24 Ja n

20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

*Note: Some historical data not available

20 23

20 23

$0

Ja n

The median sales price was $257k as of January 2024.

Not PR Days On the Market

100

80

Single-Family Homes

60

There was an average of 30 days on the market, without price reduction, as of January 2024.

40

Detached Residential

20 23 Ja n

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

20 23 Ju n

M ay

M ar 20 23

20 23

Fe b

Ja n

Sold Above List Price

Ju l2 02 3

There was an average of 0 days on the market, without price reduction, as of January 2024.

20 23

0

Ap r2 02 3

Condos & Townhomes

20 23

20

*Note: Some historical data not available

40%

30%

Homes 17.6% of homes sold above their list price in January 2024.

20%

10%

Condos & Townhomes

Back to Table of Contents

20 24 Ja n

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

20 23

Fe b

*Note: Some historical data not available

0%

Ja n

0% of homes sold above their list price in January 2024.



Kaufman County What's in the Kaufman County data? The market for detached residential units saw 218 closed sales at a median price of $325k, and 10.1% of properties sold above their list price. There was a total of 362 new listings, providing a 4.7 month supply with an average of 28 days on the market without price reduction. The market for condo and townhome units saw 1 closed sale at a median price of $260k, and 0% of properties sold above their list price. There were 0 new listings, providing a 9 month supply with an average of 0 days on the market without price reduction.


DETACHED

Detached Residential Homes

362

218

New Listings

Closed Sales

4.7

$325K

Months of Supply

Median Sales Price

10.1%

28

Sold Above List Price

Not Price Reduced Days on Market

NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.


CONDO

Condo & Townhomes

0

1

New Listings

Closed Sale

9

$260K

Months of Supply

Median Sales Price

0%

0

Sold Above List Price

Not Price Reduced Days on Market


Kaufman County JANUARY 2023 - JANUARY 2024

A C T IVE LISTING S

C L O SED SALES

1,200 1,000 800 600 400 200 0

Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023

Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Jan 2024

Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Jan 2024

Detached Residential Homes Last 12 months, year-over-year. *Note: Some historical data not available 14 12 10 8 6 4 2 0

Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023

Condos & Townhomes Last 12 months, year-over-year. *Note: Some historical data not available


Median Sales Price

$400,000

$300,000

Detached Residential Homes The median sales price was $325k as of January 2024.

$200,000

$100,000

Condos & Townhomes 20 24 Ja n

20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

*Note: Some historical data not available

20 23

20 23

$0

Ja n

The median sales price was $260k as of January 2024.

Not PR Days On the Market

500

400

Single-Family Homes

300

There was an average of 28 days on the market, without price reduction, as of January 2024.

200

100

Condos & Townhomes There was an average of 0 days on the market, without price reduction, as of January 2024.

Sold Above List Price Detached Residential

20 24 Ja n

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

Ju l2 02 3

Ju n

20 23

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

Ja n

20 23

0

*Note: Some historical data not available

50%

40%

Homes

30%

10.1% of homes sold above their list price in January 2024.

20%

10%

Condos & Townhomes

Back to Table of Contents

20 24 Ja n

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

20 23

Fe b

*Note: Some historical data not available

0%

Ja n

0% of homes sold above their list price in January 2024.



Rockwall-Hunt Counties What's in the Rockwall-Hunt Counties data? The market for detached residential units saw 226 closed sales at a median price of $335k, and 16.4% of properties sold above their list price. There was a total of 466 new listings, providing a 5 month supply with an average of 24 days on the market without price reduction. The market for condo and townhome units saw 5 closed sales at a median price of $250k, and 20% of properties sold above their list price. There were 10 new listings, providing a 5.8 month supply with an average of 21 days on the market without price reduction.


DETACHED

Detached Residential Homes

466

226

New Listings

Closed Sales

5

$335K

Months of Supply

Median Sales Price

16.4%

24

Sold Above List Price

Not Price Reduced Days on Market

NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.


CONDO

Condo & Townhomes

10

5

New Listings

Closed Sales

5.8

$250K

Months of Supply

Median Sales Price

20%

21

Sold Above List Price

Not Price Reduced Days on Market


Rockwall-Hunt Counties JANUARY 2023 - JANUARY 2024

A C T IVE LISTING S

C L O SED SALES

1,400 1,200 1,000 800 600 400 200 0

Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023

Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Jan 2024

Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Jan 2024

Detached Residential Homes Last 12 months, year-over-year. *Note: Some historical data not available 35 30 25 20 15 10 5 0

Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023

Condos & Townhomes Last 12 months, year-over-year. *Note: Some historical data not available


Median Sales Price

$400,000

$300,000

Detached Residential Homes The median sales price was $335k as of January 2024.

$200,000

$100,000

Condos & Townhomes 20 24 Ja n

20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

*Note: Some historical data not available

20 23

20 23

$0

Ja n

The median sales price was $250k as of January 2024.

Not PR Days On the Market

200

150

Single-Family Homes There was an average of 24 days on the market, without price reduction, as of January 2024.

100

50

Condos & Townhomes There was an average of 21 days on the market, without price reduction, as of January 2024.

Sold Above List Price Detached Residential

20 24 Ja n

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

Ju l2 02 3

Ju n

20 23

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

Ja n

20 23

0

*Note: Some historical data not available

80%

60%

Homes 16.4% of homes sold above their list price in January 2024.

40%

20%

Condos & Townhomes

*Note: Some historical data not available

Back to Table of Contents

20 24 Ja n

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23

0%

Ja n

20% of homes sold above their list price in January 2024.



Tarrant County What's in the Tarrant County data? The market for detached residential units saw 1,103 closed sales at a median price of $337k, and 24.8% of properties sold above their list price. There was a total of 1,866 new listings, providing a 3.2 month supply with an average of 17 days on the market without price reduction. The market for condo and townhome units saw 52 closed sales at a median price of $258k, and 26.9% of properties sold above their list price. There were 142 new listings, providing a 4.8 month supply with an average of 18 days on the market without price reduction.


DETACHED

Detached Residential Homes

1,866

1,103

New Listings

Closed Sales

3.2

$337K

Months of Supply

Median Sales Price

24.8%

17

Sold Above List Price

Not Price Reduced Days on Market

NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.


CONDO

Condo & Townhomes

142

52

New Listings

Closed Sales

4.8

$258K

Months of Supply

Median Sales Price

26.9%

18

Sold Above List Price

Not Price Reduced Days on Market


Tarrant County A C T IVE LISTING S

C L O SED SALES

5,000

4,000

3,000

2,000

1,000

0

Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023

Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Jan 2024

Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Jan 2024

Detached Residential Homes Last 12 months, year-over-year. *Note: Some historical data not available 300 250 200 150 100 50 0

Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023

Condos & Townhomes Last 12 months, year-over-year. *Note: Some historical data not available


Median Sales Price

$400,000

$300,000

Detached Residential Homes The median sales price was $337k as of January 2024.

$200,000

$100,000

Condos & Townhomes 20 24 Ja n

20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

*Note: Some historical data not available

20 23

20 23

$0

Ja n

The median sales price was $258k as of January 2024.

Not PR Days On the Market

30 25 20

Single-Family Homes

10

There was an average of 17 days on the market, without price reduction, as of January 2024.

5

Condos & Townhomes

0

There was an average of 18 days on the market, without price reduction, as of January 2024.

Sold Above List Price Detached Residential

20 24 Ja n

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

Ju l2 02 3

Ju n

20 23

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

Ja n

20 23

15

*Note: Some historical data not available

50%

40%

Homes

30%

24.8% of homes sold above their list price in January 2024.

20%

10%

Condos & Townhomes

*Note: Some historical data not available

Back to Table of Contents

20 24 Ja n

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23

0%

Ja n

26.9% of homes sold above their list price in January 2024.



Keller Williams Legacy 3600 Preston Rd, Plano, TX 75093

Keller Williams Paris 3100 Lamar Ave., Paris, TX 75460


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