Waterview Neighborhood Market Snapshot – August 2025
📊 Key Highlights This Month:
• Average sales price: $408,886 (▼ 22.6%)
• Median price per square foot: $154 (▼ 3.8%)
• Median days on market: 86 (▲ 138.9%)
• Sale-to-original list price: 97.5% (▲ 0.5%)
• Months of inventory: 4.4 (▲ 15.8%)
• Homes for sale: 24 (▲ 20.0%)
• New listings: 6 (▼ 25.0%)
• Pending sales: 6 (0.0%)
• Closed sales: 7 (▲ 16.7%)
🏡 Prices Slide While Market Pace Slows
The average sales price in Waterview dropped to $408,886, a 22.6% decline from last year. At the same time, median price per square foot dipped modestly to $154. Homes are taking significantly longer to sell, with a median of 86 days on market, up 138.9% year-over-year.
📈 Inventory Rises, Listings Down
Active inventory increased with 24 homes for sale (▲ 20.0%), while new listings fell 25%. Buyer activity is mixed—pending sales held steady at 6, and closed sales rose 16.7%. The market shows signs of balancing, but with fewer fresh listings, motivated sellers who price correctly still attract attention.
⏱ Strategy Matters in a Shifting Market
With longer market times and selective buyer activity, positioning your home correctly is more important than ever. Both sellers and buyers should set expectations with today’s slower pace and competitive dynamics in mind.
📉 Small Sample Sizes = Big Swings
It’s important to remember that neighborhood-level real estate data—especially in communities like Waterview with a relatively small number of sales each month—can show exaggerated percentage changes. Just a few high- or low-priced closings can skew the numbers dramatically. Instead of focusing solely on month-over-month swings, it’s best to look at trends over time and in context with active listings and buyer demand. The Dunnican Team closely monitors these patterns to give you a clearer picture of the true market movement.
What Sellers Need to Know
- ✅ Average sales prices are down: Competitive pricing is key to attracting buyers in today’s market.
- ✅ Inventory has grown: With 20% more homes available, condition and presentation matter more than ever.
- ✅ Homes are taking longer to sell: Plan for extended days on market when listing your home.
- ✅ Strong offers still possible: Sale-to-list ratios improved to 97.5%—pricing right leads to cleaner contracts.
- ✅ Partner with experience: The Dunnican Team can help your home stand out in a slower market.
What Buyers Need to Know
- ✅ More options: Inventory rose 20%, giving buyers greater selection.
- ✅ Less urgency: With median days on market up to 86, buyers have more breathing room to decide.
- ✅ Opportunities ahead: Sellers may be more open to concessions after longer listing times.
- ✅ Act on the right home: Well-priced homes still close quickly and near list price.
- ✅ Leverage local expertise: Cindy and Cory Dunnican know Waterview and can guide you through this market shift.
Source: MLS data via North Texas Real Estate Information Services (NTREIS), August 2025. Data deemed reliable but not guaranteed.
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