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By the Numbers

Real Estate Market Update

Curious about what the market’s doing in your neighborhood? Whether you’re thinking of buying, selling, or just staying informed, our local real estate market updates help you make smarter decisions. Below, you'll find the latest stats, trends, and expert commentary—broken down by county, city, and even neighborhood. This page is updated monthly with insights from The Dunnican Team’s on-the-ground expertise.

 

City of Dallas, TX

MEDIAN SALES PRICE

$652,184

MEDIAN SALES PRICE

CLOSED SALES

827

CLOSED SALES

ACTIVE LISTINGS

4.301

ACTIVE LISTINGS

MONTHS INVENTORY

5.1

MONTHS INVENTORY

Dallas Market Snapshot – August 2025

Market Data for: August 2025

📊 Key Highlights This Month:
• Average sales price: $652,184 (▲ 13.0%)
• Median price per square foot: $242 (▲ 0.4%)
• Median days on market: 39 (▲ 44.4%)
• Sale-to-original list price: 95.4% (▼ 1.2%)
• Months of inventory: 5.1 (▲ 8.5%)
• Homes for sale: 4,301 (▲ 9.8%)
• New listings: 1,501 (▼ 5.1%)
• Pending sales: 834 (▼ 0.4%)
• Closed sales: 827 (▼ 10.9%)

🏡 Prices Rise, But Market Slows

The average sales price in Dallas climbed to $652,184, up 13% from last year. Median price per square foot held steady with a slight gain of 0.4%, reaching $242. Homes are taking longer to sell, with a median of 39 days on market, up 44.4% year-over-year.

📈 Inventory Higher, Closings Down

Active listings rose to 4,301 homes, a 9.8% increase compared to last August. New listings declined 5.1%, while pending sales slipped 0.4% and closed sales fell 10.9%. With 5.1 months of supply, Dallas is moving toward a more balanced market, giving buyers more negotiating room.

⏱ Strategy Matters in a Transitional Market

With prices higher but demand softening, sellers must be strategic on pricing and presentation. Buyers gain more time and leverage, but the most desirable homes are still attracting strong offers.

📉 Market Context Matters

Dallas is a large and diverse market, and neighborhood-level trends may differ from citywide averages. Some areas may still see fast-moving competition, while others slow. The Dunnican Team helps clients interpret the numbers in the context of their specific neighborhood and price point.

What Sellers Need to Know

  • Prices are higher: Average sales price jumped 13%, though $/sf growth was minimal.
  • Homes taking longer to sell: Median DOM rose to 39 days.
  • Inventory up: Active listings rose nearly 10%, adding competition.
  • Sale-to-list ratio down: At 95.4%, buyers are negotiating more.
  • Expert guidance counts: The Dunnican Team can help you price and market effectively in today’s shifting market.

What Buyers Need to Know

  • More options: Over 4,300 homes on the market provide wider selection.
  • More time to decide: Median DOM of 39 gives buyers breathing room.
  • Negotiation power: Softer demand means buyers can often secure concessions.
  • Opportunities in a shifting market: Closed sales dropped nearly 11%, signaling motivated sellers.
  • Local expertise helps: Cindy and Cory Dunnican know Dallas neighborhoods and can guide you to the best opportunities.

Source: MLS data via North Texas Real Estate Information Services (NTREIS), August 2025. Data deemed reliable but not guaranteed.

 

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Dallas Real Estate Overview

A Dynamic Housing Market in One of America’s Fastest-Growing Cities

About Dallas, TX

Dallas is more than just the commercial heart of North Texas—it’s a fast-paced, culturally rich, and economically vibrant city that continues to attract people from across the country and around the world. As the anchor of the Dallas-Fort Worth Metroplex, Dallas offers one of the most diverse, competitive, and opportunity-filled real estate markets in the U.S.

Known for its world-class healthcare, booming job sectors, and nationally ranked arts and dining scene, Dallas is home to Fortune 500 companies, major sports teams, and some of the state’s top universities. Its central location, expansive highway system, and international airport make it a strategic hub for professionals, entrepreneurs, families, and investors alike.

With continued population growth and urban development, the Dallas housing market is constantly evolving—offering new opportunities across all price points and property types.


Homes for Sale in Dallas, TX

The Dallas real estate market is as dynamic as the city itself. Whether you’re drawn to a high-rise condo downtown or a historic home in East Dallas, every neighborhood offers its own distinct lifestyle, architecture, and community culture.

Buyers can explore:

  • Luxury condos and high-rises in Downtown, Uptown, Victory Park, and Turtle Creek—offering skyline views, concierge service, and walkable amenities

  • Historic homes with original charm and updated interiors in Lakewood, M Streets, Bishop Arts, and Oak Cliff

  • Luxury estates in Preston Hollow, Highland Park, and Greenway Parks, known for private lots, prestigious schools, and timeless design

  • Mid-century modern and contemporary homes in East Dallas and North Oak Cliff—many with thoughtful renovations and artistic flair

  • New construction in Trinity Groves, West Dallas, The Cedars, and other up-and-coming areas, offering affordability with strong upside potential

With dozens of micro-markets across the city, from urban core to residential enclaves, Dallas gives buyers a chance to find a home that aligns with their lifestyle, commute, and long-term goals.


Why Buyers and Investors Choose Dallas

Dallas continues to rank among the nation’s top cities for both relocation and real estate investment. Thanks to its low taxes, business-friendly climate, and strong appreciation trends, the city has become a magnet for employers, entrepreneurs, and remote professionals alike.

What makes Dallas a standout:

  • No state income tax and relatively low property taxes compared to other major metros

  • A diverse economy, with strength in tech, finance, logistics, education, and healthcare

  • Access to top-rated public, charter, and private schools

  • Cultural amenities including the Dallas Arts District, Dallas Museum of Art, Klyde Warren Park, and White Rock Lake

  • A steady stream of relocations from across the U.S., keeping demand strong year-round

For sellers, Dallas offers the benefit of a broad buyer pool, especially in neighborhoods with limited inventory. Professionally staged and well-marketed homes often receive multiple offers—particularly in central locations with strong school zones or unique architectural appeal.


Your Experts in Dallas Real Estate

Buying or selling in a high-demand, high-velocity market like Dallas requires more than just an online search. It takes insight, experience, and a local team that knows how to read between the lines.

That’s where Cindy and Cory Dunnican come in. As founders of The Dunnican Team at Coldwell Banker Apex, Realtors®, they’ve helped clients successfully navigate everything from condo purchases in Uptown to luxury listings in Preston Hollow and investment flips in East Dallas.

With a people-first mindset and a faith-driven approach to service, they provide:

  • Strategic guidance for both buying and selling

  • Neighborhood-level knowledge across Dallas’s urban core and surrounding districts

  • Honest, expert advice in pricing, offer negotiations, and long-term planning

  • A marketing process built around exposure, storytelling, and results

Whether you're buying your next home, making your first move into the city, or listing a Dallas property for top dollar, Cindy and Cory are here to help you succeed—with clarity, care, and confidence.

Selling A Home in Dallas?

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