The Far North Dallas condo market in August 2025 is a definitive buyer’s market. Period. Do not be misled by a single price metric; the fundamental data points to a cooling trend and a transfer of leverage from sellers to purchasers.
Demand is not keeping pace with supply. The number of homes sold has seen a downturn, while inventory levels are increasing. This is not a balanced market—it is a market where sellers must compete for attention, and buyers have the upper hand. The median days on market has extended considerably, giving you a crucial window to evaluate properties, secure financing, and negotiate without the pressure of a bidding war.
Furthermore, the average sale-to-list price ratio has dropped, and a high percentage of properties are experiencing price reductions. This means you have a real opportunity to purchase a property for less than the asking price. The days of “take it or leave it” offers are over. This is not a time to be passive; it is a time to be aggressive with your offers. The market has given you a clear advantage, and it is your responsibility to seize it.
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Marie Sells Dallas 