Dallas Area Residential Sales Report – North Dallas

The real estate market in North Dallas for single-family homes in August 2025 is a mix of good news and a new reality. It’s definitely not the same market as last year, and that’s actually a good thing for a lot of people.

First off, we’ve seen a noticeable drop in the overall frenzy. Homes are staying on the market a little bit longer—we’re talking an average of 37 days, which is a bit more breathing room than before. This is fantastic for buyers because it means you don’t have to make a split-second decision and can actually take the time to think, get a proper inspection, and feel confident in your offer.

Now, let’s talk about prices. It’s a bit of a mixed bag, depending on the specific neighborhood, but overall, things are moderating. The median price in Dallas County has seen a small bump up, but many areas are seeing prices come down. In fact, for the broader DFW area, experts are forecasting further price declines, so the market is definitely correcting itself. You’ll find that homes are selling for around 3% below their list price, and the percentage of homes that sell for over the asking price has dropped. This is great for buyers, as it means you have more power to negotiate.

For sellers, it’s not a disaster, but you do need a new game plan. The days of putting a sign in the yard and having offers pour in are pretty much gone. The key now is to price your home realistically from the start. A well-priced home will still sell, and it will sell for a good price, but you can’t expect the same frenzy as last year. The number of homes for sale is up, which means you have more competition, so it’s all about making your property stand out.

So, in a nutshell, the market has shifted. It’s no longer a sprint, but a marathon. Buyers have more choices and more power, and sellers have to be more strategic to get the deal done.