Dallas Area Residential Sales Report – North Dallas

Understanding the North Dallas Real Estate Market: A Guide for Homebuyers

As we step into October 2025, the North Dallas real estate market presents an intriguing landscape for all types of homebuyers, from first-time purchasers to those looking to upgrade. With its blend of urban amenities and suburban charm, North Dallas offers diverse options for potential homeowners. Let’s delve into the current market trends and what they mean for your buying decisions.

#### Market Overview and Inventory Insights

The North Dallas real estate market is currently experiencing a dynamic shift. With a 5.37 months supply of inventory, the area is close to a balanced market, which is generally considered to be between five and six months of inventory. This means that there are opportunities for negotiation and finding a home that fits your needs without the intense competition seen in a seller’s market.

Over the past month, we’ve observed a 7% decrease in inventory, while there has been a notable 33% increase over the last year. This growth in inventory over the year indicates that buyers have more choices than before, which can lead to favorable terms for those ready to make a move.

#### Pricing Trends and Buying Power

When examining the financial aspect, North Dallas presents a range of pricing options. The median price for new listings stands at $2,262,500, with active listings slightly higher at $2,655,000. For those considering a purchase, the median price of pending listings is $2,124,500. This variation in pricing suggests that there are homes available across different price points, accommodating various budgets and preferences.

Interestingly, the median sold price has seen a decline of 27% month-over-month to $1,345,000. This decrease could signal potential opportunities for buyers to find homes that are more affordable than in previous months. Moreover, the sold-to-list price ratio has shown a modest increase to 95.49%, suggesting that while homes may be selling for slightly less than the asking price, they are still reaching near-listing values, indicating a fair market for both buyers and sellers.

#### Days on Market and Market Dynamics

Understanding the time a house spends on the market can provide insight into the market’s pace. Currently, the median days in RPR for sold listings is 29 days, reflecting a 38% increase from the previous month. This means that homes are taking longer to sell, giving buyers more time to consider their options. For pending listings, the median days in RPR is 53 days, indicating that while decisions need to be timely, there is still room for thoughtful deliberation.

#### Community Highlights and Opportunities

North Dallas is known for its vibrant community life, with access to parks, cultural attractions, and major employers contributing to a high quality of life. The area is also well-connected to transportation options, making it convenient for commuting and exploring the broader Dallas region.

Looking ahead, the current market trends suggest that buyers in North Dallas have a unique opportunity to explore a variety of home options at different price points. With the increase in inventory and the longer time homes are staying on the market, buyers are in a good position to negotiate and secure a home that meets their needs.

#### Connect with Marie Walton for Expert Guidance

For those considering making North Dallas their home, now is a great time to explore your options. To navigate this market with confidence, connect with Marie Walton of Ebby Halliday REALTORS. Marie can provide personalized insights and guidance to help you make informed decisions in the North Dallas real estate market. Reach out to Marie at mariewalton@ebby.com for expert assistance in finding your ideal home.