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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

$490,000

MEDIAN SALES PRICE

CLOSED SALES

947

CLOSED SALES

ACTIVE LISTINGS

4,524

ACTIVE LISTINGS

MONTHS INVENTORY

5.4

MONTHS INVENTORY

Dallas, TX Market Snapshot – June 2025

Latest Update: July 2025

📊 Key Highlights This Month:
• Median sales price: $490,000 (▲ 12.8%)
• Median price per square foot: $258 (▲ 2.8%)
• Median days on market: 26 (▲ 18.2%)
• Sale-to-original list price: 96.4% (▼ 0.9%)
• Months of inventory: 5.4 (▲ 25.6%)
• Homes for sale: 4,524 (▲ 25.8%)
• Closed sales: 947 (▲ 10.2%)

🏠 Home Prices Climb Amid Expanding Inventory

The Dallas housing market posted a significant 12.8% year-over-year increase in median sales price, reaching $490,000. While home values are rising, inventory and days on market also ticked up, with homes now averaging 26 days before going under contract. The sale-to-original list price ratio fell slightly to 96.4%, indicating some negotiation is still in play.

📈 More Listings, More Activity

Active listings increased to 4,524 homes (up 25.8%), and months of inventory rose to 5.4. Despite more competition, closed sales jumped 10.2%, and pending sales stayed steady. The growth in both price and activity shows buyers are willing to pay more—when the right home hits the market.

⏱ Dallas Market Finds Its Summer Rhythm

With more listings available, pricing remains critical for sellers. Buyers should be ready to act quickly on quality homes, especially as competition builds in desirable neighborhoods.

What Sellers Need to Know

  • Prices are rising: Median value is up 12.8%—a strong selling signal if your home is well-prepped.
  • More competition: Listings and months of supply are climbing, so standout presentation is key.
  • Longer selling time: Average days on market rose to 26—set realistic expectations.
  • Buyers still negotiate: Homes are selling at 96.4% of original list—don’t expect full price without a strategy.
  • Professional marketing matters: The right exposure can drive higher offers in this dynamic market.

What Buyers Need to Know

  • Prices are trending up: Act decisively if you find a well-priced home in your target area.
  • More inventory: Buyers have more options, giving you leverage and choice.
  • Some negotiation room: The average discount is about 3.6% off list price—ask for what you need.
  • Competition is returning: Closed sales are up 10%—expect strong interest in move-in-ready homes.
  • Work with local experts: Cindy and Cory Dunnican can help you stay ahead in a competitive and fast-paced Dallas market.

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

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

Source: MLS data via North Texas Real Estate Information Services (NTREIS), May 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.

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