
If you’re looking at the condo market in the Knox-Henderson area of Dallas right now, in August 2025, it’s a completely different ballgame than it was last year. The super intense, “buy it now or lose it” vibe is gone, and things are looking a lot more friendly for buyers.
First off, there are more condos to choose from. Inventory has gone up, which means you’re not fighting over the same two or three places. This gives you way more options and takes a lot of the pressure off.
Second, prices have been kind of all over the place, but generally, they’re not climbing like they were. Some reports even show a slight dip in the median price per square foot. This doesn’t mean condos are cheap, but it does mean you’re less likely to get caught in a bidding war that pushes the price way up.
And third, condos are sitting on the market longer. They’re not getting snatched up in a weekend. This is a huge win for you as a buyer. It gives you time to do your homework, get a proper inspection, and even negotiate the price. With homes, on average, selling for about 4% below the asking price, you’ve got some real leverage.
So, while Knox-Henderson is still a hot spot, the power has shifted. It’s a much more balanced market, and if you’re looking to buy a condo, this is a great time to be in the game.
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