📍 Dallas County Market Update

• Median Price: $370,000 (🔁 No change YoY)

• Closed Sales: 1,442 (▼ -4.3%)

• Active Listings: 6,355 (▲ +41.4%)

• Months of Inventory: 3.7 months

• Days on Market: 58 days (⏫ 9 more than Feb 2024)

• Price per Sq Ft: $200.44 (▼ -2.6%)

• Close-to-Original List Price Ratio: 94.8%

💡 What It Means:

Dallas County is experiencing a clear shift toward a more balanced market. While median prices held steady, buyers now have significantly more inventory to choose from compared to this time last year. Homes are taking a little longer to sell, and sellers are receiving slightly less relative to their original list prices. For buyers, this means less competition and room to negotiate—especially on homes that have been sitting for a while. For sellers, pricing accurately out of the gate and investing in presentation (staging, photography, marketing) will be critical to stand out.

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📍 Rockwall County Market Update

• Median Price: $435,000 (▲ +7.4%)

• Closed Sales: 151 (▼ -31.1%)

• Active Listings: 973 (▲ +54.4%)

• Months of Inventory: 5.0 months

• Days on Market: 96 days (⏫ 11 more than Feb 2024)

• Price per Sq Ft: $181.49 (▲ +2.0%)

• Close-to-Original List Price Ratio: 92.8%

💡 What It Means:

Rockwall County continues to see strong price appreciation, but buyer activity has cooled—at least for now. With sales down more than 30% year-over-year and homes taking over three months to sell, the market here favors well-prepared sellers. Pricing above market or skipping prep work will likely result in extended time on the market and reduced offers. Buyers, meanwhile, may find opportunities to negotiate more favorable terms in a county that was highly competitive just a year ago. This is a great moment for move-up buyers who want to trade equity for space without facing bidding wars.

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📍 Collin County Market Update

• Median Price: $483,750 (▼ -0.3%)

• Closed Sales: 1,133 (▼ -1.8%)

• Active Listings: 4,308 (▲ +55.3%)

• Months of Inventory: 3.2 months

• Days on Market: 68 days (⏫ 13 more than Feb 2024)

• Price per Sq Ft: $204.97 (▼ -4.0%)

• Close-to-Original List Price Ratio: 95.0%

💡 What It Means:

Collin County saw slight declines in both sales volume and pricing, suggesting the market is adjusting after years of high growth. Homes are taking longer to sell, but they’re still closing at 95% of original list price—indicating steady buyer demand for well-priced homes. Buyers here have more inventory than ever in recent memory, which means less urgency and more time to make thoughtful decisions. Sellers should take note of shifting expectations—homes that sold in a weekend last year now need a strong pricing strategy and standout marketing to command top dollar.

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📊 Regional Insights & Spring Outlook

Across the three counties, inventory is up sharply—ranging from 41% in Dallas to over 55% in Collin. While prices are generally holding, buyers are taking longer to commit, and sellers are facing more competition. The spring market is traditionally busy, but 2025 may bring a more balanced playing field.

• For Buyers: More inventory, slower pace, and some negotiating room—especially for homes that are priced too high or have been sitting.

• For Sellers: You’ll need to win the price vs. value conversation. Overpricing in this market could mean weeks or months of sitting unsold.

• For Investors: Watch for opportunities in areas with rising inventory and flat or falling prices. There may be long-term upside as demand rebounds later in the year.

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🤝 Ready to Navigate the Market?

Whether you’re moving up, downsizing, or relocating, The Dunnican Team is here to guide you through the next step with clarity and confidence.

📞 Contact us today to schedule your personalized market consultation.

 

Source: © 2025 Texas REALTORS® - Data used in this report come from the Texas REALTOR® Data Relevance Project, a partnership among Texas REALTORS® and local REALTOR® associations throughout the state. Analysis provided through a research agreement with the Real Estate Center at Texas A&M University.