Waterview (Rowlett), TX Real Estate Market Snapshot
Latest Update: June 2025 (Data from May 2025)
📊 Key Highlights This Month:
• Median price steady at $459,350
• Pending sales up 25% year-over-year
• Homes spending just 24 days on market
🏠 Home Prices: Steady and Resilient
The median sales price in Waterview remained nearly flat in May 2025 at $459,350 — a 0.3% increase year-over-year. While the price per square foot dropped 6.0% to $173, this shift is likely influenced by slightly larger homes selling and evolving buyer preferences.
📈 Activity Picks Up, Listings Down
Closed sales rose 14.3% YoY to 8 homes, and pending sales jumped 25% — a strong sign of returning buyer interest. However, new listings fell 21.4%, which could slow future sales volume and tighten inventory later this summer.
⏱ Market Time and Inventory
Homes spent a median of 24 days on market, up from just 15 days last year — a 60% increase but still fast relative to many North Texas neighborhoods. Months of inventory rose modestly to 5.4, reflecting a more balanced market. There were 29 active listings in May — a 26.1% increase YoY.
Other key metrics include a sale-to-original list price ratio of 98.8%, indicating that well-priced homes are still selling very close to asking.
What Sellers Need to Know
- ✅ Prices are holding steady: Median price is virtually unchanged YoY at $459K.
- ✅ Homes still sell fast: Median time on market is just 24 days — well under the regional average.
- ✅ Inventory is building: 29 active homes means more competition this summer.
- ✅ Buyers are confident: Homes are closing at 98.8% of original list price.
- ✅ Make your home stand out: With fewer new listings and growing competition, presentation is everything.
What Buyers Need to Know
- ✅ Inventory is up: You’ll have more homes to choose from in Waterview this summer.
- ✅ Strong value retention: Prices remain stable — no major swings, just steady performance.
- ✅ Homes go quickly: Median 24 days on market means serious buyers should act fast.
- ✅ Less overbidding: Most homes are selling for 98.8% of list — negotiate, but don’t lowball.
- ✅ Financing prep matters: With tight inventory and rising activity, pre-approval gives you an edge.
📍 Market Updates by City
Click your city to explore local market trends, including pricing shifts, inventory changes, and what it means for buyers and sellers.
Source: Market data based on North Texas Real Estate Information Systems (NTREIS) Trends © 2025. Sales data deemed reliable but not guaranteed.
