Single-Family Homes
Fri Apr 25 2025
This week the median list price for Dallas, TX is $525,000 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has increased to 2,748.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Median List Price | $525,000 | |
Median Price of New Listings | $599,000 | |
Per Square Foot | $264 | |
Average Days on Market | 95 | |
Median Days on Market | 49 | |
Price Decreased | 47% | |
Price Increased | 3% | |
Relisted | 10% | |
Inventory | 2,748 | |
Median Rent | ||
Market Action | 36 | |
Slight Seller's Advantage |
The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$2,050,000 | 4,561 | 0.25 - 0.5 acre | 5 | 4.5 | 15 | 99 | 53 | 42 |
$725,000 | 2,413 | 8,000 - 10,000 sqft | 3 | 3 | 54 | 98 | 79 | 42 |
$389,900 | 1,785 | 6,500 - 8,000 sqft | 3 | 2 | 59 | 79 | 57 | 56 |
$254,900 | 1,309 | 6,500 - 8,000 sqft | 3 | 2 | 67 | 79 | 79 | 56 |