Every month, I spend time touring properties for sale, talking with other Realtors® about those properties and analyzing the current stats and trends that help tell the story of the DFW metroplex real estate market. As an active Realtor®, it’s important to have a pulse on what home buyers are looking for and purchasing and what home sellers are experiencing in real time. When speaking to other colleagues, I’ve found that some are calling this current market “transitional”, some are saying we are in a “shift”, and some are just flat out calling this a “buyer’s market”.

In my opinion, we are experiencing a slight shift, but not as major as some might have you believe. For example, there are a record number of homes for sale in the DFW metroplex. Currently, there are approx. 52,331 properties actively for sale, according to NTREIS (North Texas Real Estate Information System) and our MLS. That stat represents a 22% increase year over year and seems to be rising each month in 2025. However, when you couple that with the record number of price decreases and declining home sales, you have an interesting market where buyers seem to have the upper hand in negotiations and leverage. Those scenarios aren’t necessarily true in each county and neighborhood, but it is a good snapshot to what is happening across the metroplex.

In addition, the median “percentage of the original list price” is now approx. 96% and slightly falling. That means that properties are closing for an amount that is 4% lower than what it was listed for. Again, this might not be true in all neighborhoods, but it’s a good indicator of what is going on across North Texas. That percentage has been decreasing year over year for the past 3 years. In June of 2023, home prices that closed versus what they were listed for was around 98%, and in June of 2024 the percentage was around 97%. This declining stat, coupled with the record number of homes for sale presents a challenge for sellers, but also presents a ton of opportunities for home buyers and investors!

The current 30-year fixed-rate mortgage rate for a standard mortgage loan is approx. 6.72%. We were on the decline for a good stretch, but now, that rate percentage is rising again. It’s lower than where the market was a year ago, so that’s the good news. Higher mortgage rates typically push some buyers to the sidelines temporarily, which leaves more serious buyers in the market looking for homes. Because this market is shifting, there are tons of opportunities that exist for buyers to purchase and acquire properties for values less than what the home is valued at, and sometimes even less than what it will appraise for.

As always, please reach out to me if you have any questions regarding the real estate market. There are nuances at every turn, so make sure you have a great real estate team guiding you through the process, whether that be buying, selling, renting or investing.

Median Sales Prices by County:

Parker – $487,500 (+5.1%)

Collin – $484,950 (-4%)

Denton - $452,000 (-3.4%)

Rockwall – $426,250 (+0.3%)

Ellis – $425,000 (+5.6%)

Dallas – $389,000 (+5.7%)

Tarrant – $354,008 (-1.1%)

Johnson – $354,000 (+2.2%)

Kaufman – $304,999 (-4.7%)

Hunt – $290,000 (-0.7%)