Condition of the Real Estate Market In Dallas, Texas June 2025

The real estate market in Dallas, TX, during June 2025 showed a continued shift from the frenetic seller’s market of previous years to a more balanced environment, offering more opportunities for buyers.

Key Trends:

Inventory is Up: The most significant trend was a substantial increase in active inventory. Across the DFW metroplex, new listings and active listings were up significantly year-over-year. Dallas County, specifically, saw active inventory increase by as much as 40%. This surge in available homes is a major factor in the market’s rebalancing.
Slower Pace of Sales: The days on market (DOM) rose everywhere, indicating that homes are taking longer to sell. For example, some reports noted an increase from 75 days to 86 days on average. This reduces pressure on buyers to make snap decisions and gives them more time to negotiate.
Mixed Price Performance: Home prices were a mixed bag. Some data indicates that Dallas County saw significant price gains, with one source reporting a 17.5% increase year-over-year. However, other reports suggested a different story, with home values in Dallas-Plano-Irving down 1.2% year-over-year. This disparity might be due to different data sources and what segments of the market they are tracking. For instance, the luxury market might be performing differently than the starter or mid-tier segments. Overall, the market is no longer seeing the rapid, broad-based price appreciation of the past.
Buyers Have More Leverage: With more inventory and longer days on market, buyers have more negotiating power. The sale-to-list price ratio for Dallas County was 97.6%, a slight decrease from the previous year. Furthermore, many sellers are having to make price adjustments, with nearly half of the listings having price drops on the MLS, a strong sign of a more buyer-friendly market.
Sales Volume: The number of closed sales was up in Dallas County in June 2025, but down in other parts of the DFW area, such as Tarrant County. This suggests that while overall activity is still healthy, the momentum is not uniform across the metroplex.

In summary: While the Dallas real estate market is not collapsing, it is definitely correcting. It is no longer an extreme seller’s market. Buyers are finding more choices, more time to make decisions, and more room to negotiate. Sellers, on the other hand, need to be more strategic with their pricing and marketing to attract serious buyers and avoid their home becoming “stale” on the market.