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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 Richardson, TX

MEDIAN SALES PRICE

$480,952

MEDIAN SALES PRICE

CLOSED SALES

80

CLOSED SALES

ACTIVE LISTINGS

309

ACTIVE LISTINGS

MONTHS INVENTORY

3.7

MONTHS INVENTORY

Richardson, TX Market Snapshot – October 2025

Latest Update: November 2025

📊 Key Highlights This Month:
• Average sales price: $480,952 (▼ 3.1%)
• Average price per square foot: $219 (▼ 8.4%)
• Average days on market: 44 (▲ 12.8%)
• Sale-to-original list price: 94.6% (▼ 1.5%)
• Months of inventory: 3.7 (▲ 8.8%)
• Homes for sale: 309 (▲ 11.2%)
• Closed sales: 80 (▼ 8.0%)

🏠 Home Values Dip as Listings Build

The average sales price in Richardson fell to $480,952, down 3.1% year-over-year. Homes also saw an 8.4% drop in price per square foot, suggesting sellers are making bigger concessions to close deals. The average time on market rose to 44 days, with homes selling at 94.6% of original list price on average.

📈 Inventory Up, Demand Slows

Inventory continues to build, with 309 homes for sale—an 11.2% increase from last year. While months supply sits at 3.7, signaling a more balanced market, buyer activity is softening. Pending sales dropped 14.1% and closed sales fell 8%, hinting at a more deliberate pace among today’s buyers.

⏱ Strategy Is Key in a Mixed Market

Richardson is showing signs of stabilization, but buyers and sellers must approach the market with care. Strategic pricing, strong marketing, and local expertise are crucial in this environment of slower appreciation and increased listing competition.

What Sellers Need to Know

  • Buyers are cautious: Longer days on market and lower sale-to-list ratios mean offers may take time.
  • Pricing must be on point: Average $/sf has dropped—don't chase the market downward.
  • Inventory is rising: With 309 homes on the market, you’ll need to stand out to sell quickly.
  • Smaller buyer pool: Pending sales are down, so marketing and prep are more important than ever.
  • Lean on expertise: The Dunnican Team knows how to position your Richardson home to sell smart.

What Buyers Need to Know

  • Less competition: Fewer buyers in the market means more room to negotiate.
  • Prices are softening: Average sales price and $/sf are both down—watch for value buys.
  • More inventory to choose from: With 11% more homes available, your perfect fit may be out there.
  • Be patient and prepared: Sellers are still active—have your pre-approval ready and know your limits.
  • Stay local: Richardson neighborhoods vary widely—lean on local pros like Cindy and Cory Dunnican to guide your search.

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

 

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Richardson Real Estate Overview

A Tech-Driven Suburb with Excellent Schools and Central DFW Access

About Richardson, TX

Richardson is a vibrant, well-established suburb located just north of Dallas, known for its exceptional public schools, robust economy, and welcoming community feel. Often called the heart of North Texas’s Telecom Corridor, the city is home to a high concentration of tech firms, corporate headquarters, and research facilities—making it one of the most employment-rich cities in the region.

Its central location along US-75 and the President George Bush Turnpike (PGBT) places residents within easy reach of Dallas, Plano, Frisco, and DFW Airport, making it an ideal hub for commuters, remote professionals, and business travelers alike. Add in a walkable downtown, tree-lined residential pockets, and top-rated public schools, and you have a community that continues to attract families, professionals, and long-term investors year after year.

Richardson is also celebrated for its cultural diversity, strong civic involvement, and commitment to smart growth. From revitalized public spaces to ongoing infrastructure improvements, the city blends its mid-century roots with forward-thinking development that supports livability and long-term value.


Homes for Sale in Richardson, TX

The Richardson real estate market offers a distinctive blend of classic charm and modern living. Whether you’re looking for a spacious ranch-style home with vintage character or a sleek townhome near the CityLine district, Richardson delivers wide-ranging options to suit your lifestyle and budget.

Popular home types include:

  • Mid-century single-family homes with large lots, mature trees, and timeless curb appeal—many recently renovated with updated interiors

  • Custom homes in sought-after neighborhoods like Canyon Creek, Prairie Creek, and JJ Pearce, known for their architectural variety and strong resale value

  • Modern townhomes and condos near CityLine and downtown Richardson—ideal for professionals, downsizers, or those who prefer low-maintenance living

  • New construction homes in infill neighborhoods and redeveloped lots, featuring open layouts, energy efficiency, and upscale finishes

  • Investment properties and duplexes near UT Dallas, offering strong rental demand from students, staff, and faculty

From established neighborhoods with a deep sense of community to new walkable developments near DART stations and retail hubs, Richardson offers something for nearly every type of buyer.


Why Buyers and Sellers Choose Richardson

Richardson continues to be one of the most balanced and resilient housing markets in North Texas. Buyers appreciate its strong schools, commuter convenience, and diversity of housing, while sellers benefit from steady appreciation and high demand year-round.

Top reasons buyers and sellers choose Richardson:

  • Award-winning schools in Richardson ISD and Plano ISD, depending on the neighborhood

  • Proximity to major employers including Texas Instruments, State Farm, and Raytheon

  • A wide range of parks and trails, including Breckinridge Park, Heights Park, and Spring Creek Nature Area

  • A revitalized, walkable downtown with shopping, dining, and live entertainment

  • A welcoming, multicultural community that hosts family-friendly events, art festivals, and cultural celebrations throughout the year

Whether you’re buying your first home, moving up for more space, or cashing in on long-term equity, Richardson continues to offer a smart, stable, and connected place to call home.


Your Richardson Real Estate Experts

Navigating a market as established, diverse, and in-demand as Richardson calls for more than just MLS access—it takes local expertise, strategic advice, and a team who understands how neighborhoods, schools, and pricing trends impact your decisions.

That’s where Cindy and Cory Dunnican come in. As founders of The Dunnican Team at Coldwell Banker Apex, Realtors®, they’ve spent decades helping clients make confident real estate moves throughout Richardson and the North Dallas corridor. From advising on school zones and floorplans to maximizing value for sellers, Cindy and Cory provide:

  • Personalized guidance backed by deep market knowledge

  • Faith-driven service focused on your long-term goals

  • Smart pricing strategies, neighborhood insight, and negotiation expertise

  • A full-service team that treats your real estate journey with care, integrity, and excellence

If you’re considering a move in or around Richardson, reach out to The Dunnican Team today—and let local experience lead the way.

alized, faith-driven approach that sets them apart. Whether you’re relocating, buying your forever home, or preparing to list your property, Cindy and Cory are here to ensure every detail is handled with care and precision.

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