The single-family home market in the Preston Royal neighborhood right now in September 2025 is definitely what you’d call an exclusive corner of Dallas, but even here, things have calmed down a notch. If you’re looking to buy in this area, you’ll be happy to know that the frantic energy from last year has mostly faded away.

Homes are spending a good deal more time on the market now than they did a year ago. We’re talking months, not just weeks, which is a big change! This gives you, as a buyer, a huge advantage because you can actually take a breath, do your due diligence, and negotiate without feeling like you’ll lose the house in a day. Sellers are becoming more flexible, and on average, homes are selling for less than their original asking price. The days of crazy over-asking bids are generally gone.

That said, remember you’re in a high-end, luxury area. The homes that are selling are still commanding very high prices—we’re talking seven figures—because people are always going to want to live here. But with fewer homes trading hands and properties sitting longer, the balance of power has definitely tipped in favor of the serious buyer. You have more leverage and opportunity to secure a beautiful home at a more rational price than you did a year ago.