The single-family sales market in the Prestonwood neighborhood of Dallas, TX, during September 2025 is demonstrating clear characteristics of a normalizing market, having transitioned from the heavily seller-centric conditions of the recent past. The overall environment is now best described as “somewhat competitive,” suggesting that while buyer demand persists, it is not overpowering the available supply.

A key indicator of this moderation is the notable increase in the median days on market, with properties taking a significantly longer time to move from listing to contract compared to the previous year. This extended marketing period affords prospective buyers a much greater opportunity for due diligence and thoughtful decision-making, reducing the urgency that fueled past bidding wars.

Furthermore, transactional data reflects a slight decline in the sale-to-list price ratio, indicating that sellers are receiving a marginally lower percentage of their original asking price on average and are exhibiting increased flexibility in price negotiation. This trend, combined with a reduction in overall sales volume, underscores a market dynamic where the supply of single-family homes is sufficient to meet current demand without creating an aggressive competition for available inventory.