The Far North Dallas townhome market in August 2025 is an undeniable buyer’s market. You are in control. The days of hyper-competition and bidding wars are over. Data confirms a decisive shift, and the numbers don’t lie.
First, the supply of available townhomes has surged. Inventory levels are at their highest point in years, giving you a wide array of choices and eliminating the pressure to act impulsively. This robust inventory is directly responsible for the increase in median days on market, which has now reached 56 days. This is not a sign of a bad market; it’s a signal of a rational one, one that gives you the time for a proper inspection and due diligence.
Second, prices are adjusting. The median sold price for homes in Far North Dallas has trended down year-over-year. While some reports show prices up, those are on a small sample of sales and the overall trend is clear. Home prices are declining, making them more affordable.
Third, sellers are now negotiating. The sale-to-list price ratio has dropped, with homes now selling for approximately 2% below the asking price on average. This statistic is critical. It confirms that you have leverage. Sellers are aware of the market shift and are more willing to make concessions to secure a sale. Do not be afraid to make an offer below the asking price.
In short, the market has undergone a full-scale correction. The imbalance of the past has been rectified. This is not a time for hesitation; it is a time for decisive action. The opportunities are here, and they are in your favor.
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Marie Sells Dallas 