Richardson, Texas, November 2025, Single Family Residence
What’s Happening
– Inventory & Supply: 3.35 months supply; -3% MoM; +21% YoY.
– New Listings: 90 new; median list price $527,000.
– Days on Market: Sold listings median 29 days; +7% MoM change.
Why It Matters
– Timing Coordination: The 3.35 months supply indicates a balanced market but declining inventory (-3% MoM) suggests tightening conditions.
– Price Dynamics: With median sold prices at $425,250 (-7% MoM), buyers and sellers must strategize to match expectations.
Now What
1. Evaluate Timing: Monitor inventory trends and days on market to optimize both buying and selling transactions.
2. Price Strategically: Adjust pricing based on current median trends to attract buyers and close sales efficiently.
3. Stay Informed: Keep track of pending listings’ median days (42) and prices ($469,000) for competitive market positioning.
Richardson is home to the University of Texas at Dallas and offers vibrant cultural attractions and convenient transportation links. Ready to navigate the Richardson market effectively? Contact Marie Walton, REALTOR for expert guidance. Reach out at mariewalton@ebby.com.
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