Dallas Area Residential Sales Report – Town Homes Richardson

The townhouse market in Richardson, TX, during August 2025 has seen a definitive shift toward a more balanced, and in some aspects, a buyer-friendly environment. Key metrics indicate that while demand remains, the intense competition of the past has subsided The market is now characterized by a longer sales cycle, with townhomes spending an average of 40 days on the market before being sold. This is an increase from previous periods and suggests buyers have more time for consideration.

The number of townhomes for sale has also shown an increase, providing prospective buyers with a wider range of options than was available in the more constrained market of last year. This increase in inventory, coupled with a slight decrease in the sale-to-list price ratio, indicates that sellers are losing some of their negotiation leverage. While homes are still selling for close to their asking price, a growing number of listings are undergoing price reductions, which is a further signal of the market’s recalibration.

In recap, the Richardson townhouse market in August 2025 is no longer defined by the high-velocity sales and bidding wars of recent years. The market is trending toward a more normalized pace, with a healthier balance between supply and demand. This new dynamic offers buyers more opportunities and negotiation power, while sellers must be more strategic with their pricing to attract a buyer in this evolving landscape.