Inside DFW Real Estate

Waterview Neighborhood real estate market update

Each month, The Dunnican Team publishes housing market updates covering the cities we serve across Northeast Dallas, Collin, Hunt and Rockwall Counties.

Our reports are sourced directly from the MLS transaction data, not estimates or industry averages, and always compared year-over-year so you can tell what's actually changing.

Our goal is to give you the same honest picture we use with our clients, explained the way we'd explain it across the table.

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Waterview closed 12 homes in August at a median of $452,500, with $5,682,900 in total closed volume. Sales rose from 7 a year earlier, months of supply tightened to 2.6 from 3.3, and median days on market fell to 58 from 86.

The median is up 13.1%, but price per square foot — the better measure when only a dozen homes sell — rose 3.2%, from $154 to $159. Median home size was nearly identical in both months at roughly 2,650 square feet, and every sale in both years was single-family, so the gap between those two figures is small-sample noise rather than a mix shift. Call it modest appreciation, not double digits.

Waterview, Rowlett Housing Market Update – September 2026

Waterview Housing Market Update | Reporting Period: Aug 1–Aug 31, 2026 (August 2026 data) • Data via NTREIS

About Waterview. Waterview is a master-planned community in Rowlett, Texas, inside ZIP code 75089 and served by Garland ISD — a distinction worth knowing, since much of Rowlett is split among several districts. This report covers every Waterview phase, including the Villas at Waterview. For conditions across Rowlett as a whole, see the full Rowlett market update.

Limited transaction volume. 12 homes closed here in August 2026. Percentages calculated on a sample this size can swing sharply from month to month, so the counts and the individual sales matter more than the percentage changes.

Key Highlights | Waterview Housing Market Update

Median Price: $452,500 ($400,000 in August 2025)
Median Price per Square Foot: $159 ($154 in August 2025)
Closed Sales: 12 (7 in August 2025)
Active Listings: 31 (23 in August 2025)
Months of Inventory: 2.6 (3.3 in August 2025)

What Sellers Need to Know

At 2.6 months of supply, Waterview is tighter than Rowlett overall at 3.5 months and the DFW Metroplex at 4.4.
Median days on market improved to 58 from 86, though half of August's sales still took 60 days or more.
Homes closed at 95.4% of original list price, down from 97.5% a year ago, so buyers negotiated harder this August.
Only 9 new listings came to market during the month, so direct competition inside the community is limited.

What Buyers Need to Know

With 31 active listings and 12 monthly sales, selection within specific criteria is limited — expect to wait for the right floor plan.
Three August sales closed between 87.6% and 91.7% of original list price, so negotiating room exists on longer-held listings.
August activity ranged from $350,000 to $670,000, with homes between 2,250 and 4,245 square feet.
Waterview sits in Rowlett but is served by Garland ISD, which is worth confirming against your own priorities.

PRICES
Waterview's median sales price was $452,500 in August 2026, compared with $400,000 in August 2025. Price per square foot rose from $154 to $159, an increase of 3.2%, which is the more reliable measure at this transaction volume. Homes closed at a median of 95.4% of original list price, down from 97.5% a year ago. For context, the DFW Metroplex median was $389,000 and the Texas median was $330,000.

SALES ACTIVITY
A total of 12 homes closed in August 2026, compared with 7 in August 2025, representing $5,682,900 in total closed volume against $2,862,200 a year ago. Sellers brought 9 new listings to market, versus 5 last August, and 8 properties went under contract, compared with 6. Median days on market fell to 58 from 86. Every August sale in both years was single-family detached.

Homes Sold in Waterview — August 2026

4,245 sq ft, 0.33 acres, built 2005 — sold $670,000, 92 days on market
3,306 sq ft, 0.42 acres, built 2005 — sold $610,000, 40 days on market
3,800 sq ft, 0.25 acres, built 2001 — sold $560,000, 96 days on market
2,544 sq ft, 0.23 acres, built 1999 — sold $503,000, 26 days on market
2,860 sq ft, 0.23 acres, built 2000 — sold $460,000, 62 days on market
2,594 sq ft, 0.21 acres, built 1999 — sold $455,000, 92 days on market
2,546 sq ft, 0.23 acres, built 2005 — sold $450,000, 70 days on market
3,509 sq ft, 0.26 acres, built 1999 — sold $450,000, 53 days on market
2,697 sq ft, 0.19 acres, built 2001 — sold $449,900, 94 days on market
2,556 sq ft, 0.15 acres, built 2004 — sold $370,000, 38 days on market
2,250 sq ft, 0.19 acres, built 2002 — sold $355,000, 13 days on market
2,513 sq ft, 0.19 acres, built 2000 — sold $350,000, 21 days on market

The spread is worth reading closely. The three highest sales — $670,000, $610,000, and $560,000 — closed at 93.4%, 91.7%, and 87.6% of original list price after 92, 40, and 96 days. The homes between $449,900 and $503,000 closed at 97.8% to 100.6%. Larger Waterview homes above $550,000 are taking longer and conceding more than the community's mid-range, which is the clearest pattern in this month's data.

INVENTORY
Active listings totaled 31 at the end of August 2026, compared with 23 in August 2025. With 9 new listings against 12 closings, supply was absorbed faster than it was replaced during the month. By list price, active inventory splits roughly into 10 listings under $400,000, 4 between $400,000 and $500,000, 12 between $500,000 and $600,000, and 5 above $600,000 — so the upper half of the community carries more standing inventory than the lower half.

MARKET BALANCE
Months of inventory stood at 2.6, compared with 3.3 in August 2025. That compares with 3.5 months for Rowlett overall, 4.4 months for the DFW Metroplex, and 5.4 months statewide. Measured against the trailing six-month sales pace of 36 closings rather than August alone, absorption works out to roughly 5.2 months, which suggests August was a stronger month than the recent average rather than a durable shift.

Waterview Housing Market Outlook: Fall 2026

Waterview tightened to 2.6 months of inventory on the strength of an unusually active August, with 12 closings against a trailing six-month average closer to six per month. Measured on that longer pace, absorption sits nearer 5.2 months, so the tighter reading is more likely a single strong month than a structural change. Active listings rose to 31 from 23 a year ago, and the upper half of the community — homes above $500,000 — accounts for more than half of that standing inventory. The clearest pattern in August was that larger homes took longer and conceded more, while the $450,000 to $500,000 range moved at or near full asking. If mortgage rates ease, the upper tier has the most room to respond, since that is where absorption has been slowest. Sellers should price against recent Waterview closings specifically rather than Rowlett-wide figures, because the community's price points and Garland ISD attendance make it a distinct submarket within the city.

For conditions across Rowlett as a whole, see the full Rowlett market update.

Trending in Real Estate News

Realtor.com Research — The Best Time to Buy a Home Is the Week of Sept. 27 – Oct. 3 — Realtor.com's annual timing analysis names the week of September 27 through October 3 the most buyer-friendly week of 2026 nationally, with more active listings than earlier in the year and roughly $14,000 in savings on a median-priced home compared with the summer peak. The weeks immediately after are nearly as favorable.
MetroTex Association of REALTORS® — Monthly DFW Housing Market Reports — The regional association's own monthly data for the Dallas-Fort Worth Metroplex and Texas.
Zillow Research — Monthly Market Report — National sales and new-listing trends, useful for separating local movement from national conditions.
Redfin — 2026 Housing Market Mood: Buyers Cautious, Sellers Showing Up — Survey-based look at how buyers and sellers are approaching the market this year.

Numbers describe a market. They do not describe your home, your street, or your timeline. If you are weighing a move in Waterview, Cindy and Cory Dunnican are glad to walk through what this data means for your specific situation — no pressure, no obligation. Get in touch with The Dunnican Team or call 972-679-1789.

Frequently Asked Questions

Is Waterview in Rowlett a good place to sell right now?

Waterview had 2.6 months of inventory in August 2026, tighter than Rowlett overall at 3.5 months and the DFW Metroplex at 4.4 months. Twelve homes closed, up from seven a year earlier, and median days on market improved to 58 from 86. Homes closed at 95.4% of original list price, down from 97.5%, so buyers negotiated somewhat harder. Larger homes above $550,000 took longer and conceded more than the community's mid-range.

What is the median home price in Waterview?

The median sale price in Waterview was $452,500 in August 2026, compared with $400,000 in August 2025. Price per square foot rose from $154 to $159, an increase of 3.2%, which is the more reliable measure given that only twelve homes sold. August sales ranged from $350,000 to $670,000.

How many homes sold in Waterview in August 2026?

Twelve homes closed in Waterview during August 2026, representing $5,682,900 in total closed volume. That compares with seven closings and $2,862,200 in August 2025. Nine new listings came to market and eight properties went under contract during the month.

What school district serves Waterview in Rowlett?

Waterview is served by Garland ISD. This is worth confirming for buyers, because Rowlett is split among several school districts, and Waterview's Garland ISD attendance distinguishes it from other parts of the city.

How long do homes take to sell in Waterview?

Median days on market in Waterview was 58 days in August 2026, improved from 86 days a year earlier. That measures listing to an accepted contract and does not include the weeks between contract and closing, which generally runs about a month in Waterview — August's twelve sales are too few to pin that down precisely. The range in August was wide, from 13 days to 96 days, with larger homes generally taking longer.

How much inventory is available in Waterview?

Waterview had 31 active listings at the end of August 2026, up from 23 a year earlier. Against 12 closed sales, that represents 2.6 months of supply. By list price, roughly 10 listings were under $400,000, 4 between $400,000 and $500,000, 12 between $500,000 and $600,000, and 5 above $600,000.

How does Waterview compare to the rest of Rowlett?

Waterview's 2.6 months of inventory in August 2026 was tighter than Rowlett's 3.5 months citywide. Waterview's median sale price of $452,500 sat above Rowlett's citywide median of $381,450. The community's price points and Garland ISD attendance make it a distinct submarket within the city.

Should I use Waterview or Rowlett-wide data to price my home?

For a Waterview home, recent closings within the community are the more reliable guide. Waterview's median sale price, months of inventory, and days on market all differ from Rowlett's citywide figures, and the community's larger homes have behaved differently from its mid-range this year. Rowlett-wide data is useful context but should not substitute for comparable sales inside the neighborhood.

Source: NTREIS MLS (Aug 1–Aug 31, 2026) with August 2025 comparison metrics from NTREIS MLS, covering the Waterview community in Rowlett, Texas (ZIP 75089). Individual sale details reflect closed transactions reported to NTREIS. Regional and statewide benchmarks from MetroTex Association of REALTORS® August 2026 Housing Reports.

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