Dallas County Market Update, August 2025: Inventory Climbs as Prices Show Mixed Signals

An updated analysis of the Dallas County real estate market reveals notable shifts across the new construction, resale, and rental sectors in August 2025. The following report provides a clear picture of the current trends based on the latest available data.

New Construction Market: Buyer Opportunities Amidst Shifting Prices

For those in the market for a brand-new home in Dallas County, August 2025 presents a landscape of fluctuating prices and inventory. There are currently 1,210 active new construction listings. This marks a 4.2% decrease from the previous month but a 4.4% rise from the previous year, signaling a shifting but still robust inventory for prospective buyers.

Pricing for new homes shows a complex picture. The average list price for a newly built home is now $941.90K. This is a considerable 34.4% jump from July 2025 and a 17.7% increase compared to August 2024.

Key New Construction Market Trends:

• Active Listings: 1,210 , down 4.2% from last month and up 4.4% from last year.

• Average List Price: $941.90K , a 34.4% increase from last month and a 17.7% increase from last year.

• Closed Sales: There were 222 closed sales , which is an increase of 8.8% from June but a decrease of 7.1% year-over-year.

• Average Sold Price: The average price for closed sales was $623.60K , down 7.5% from June but up 11.4% from the prior year.

• Months Supply: The months of supply is 5.20.

• Days on Market: Homes are on the market for an average of 74 days.

• Percent of Original Price: Homes are selling for 95.0% of their original list price , a 0.3% decrease from May and a 1.2% decrease from last year.
  

Resale Market: A Surge in Listings and Price Adjustments

The resale market in Dallas County is marked by a significant increase in the number of available homes compared to last year. Active listings stand at 6,900 , a slight 2.6% decrease from July 2025 but a substantial 16.5% increase compared to August 2024. This growth in yearly inventory offers more choices for buyers.

Average prices in the resale sector are showing a downward trend month-over-month. The average list price is $549.04K , a 2.0% decrease from last month , though it is up 3.3% from last year. Similarly, the average price for closed sales is $531.70K , which is an 8.6% decrease from the previous month but a 10.6% increase year-over-year.

Key Resale Market Trends:

• Active Listings: 6,900 active listings , down 2.6% from last month but up 16.5% yearly.

• New Listings: 2,477 new listings , down 7.5% from last month and down 4.6% from last year.

• Closed Sales: 1,452 closed sales , down 12.9% from last month and down 7.9% from last year.

• Months Supply: The months supply stands at 4.80.

• Days on Market: Resale homes are taking an average of 49 days to sell.

• Percent of Original Price: Homes are selling for 94.3% of their original asking price , which is a 0.1% decrease from June and a 0.6% decrease from last year.

Rental Market: More Listings and Shifting Lease Prices

For those looking to rent in Dallas County, the residential lease market provides a greater number of options compared to last year. There are 3,368 active listings for leases , a slight decrease of 0.3% from July 2025 but an 11.9% increase from the previous year. The number of new listings is 1,842 , down 6.9% from the prior month but up 5.6% from the prior year.

The average lease prices have experienced some changes. The average list price for a rental is $3.09K , which is a 2.2% decrease from the previous month. The average closed lease price is slightly higher at $3.20K , representing a 4.7% decrease from last month and a 3.7% decrease from last year.

Key Rental Market Trends:

• Active Listings: 3,368 active listings , down 0.3% from last month.

  
  

• Closed Leases: 1,138 properties were leased , a 12.7% decrease from July but an 11.4% increase from the previous year.

  
  

• Months Supply: The months supply for rental properties is 3.55.

  
  

• Days on Market: Rental properties are on the market for an average of 47 days.

  
  

• Percent of Original Price: Properties are leasing for 97.5% of their original listed price , which is a 0.4% increase from last month.

  
  

Overall Market Outlook

The Dallas County real estate market in August 2025 is characterized by a significant year-over-year increase in for-sale and rental inventory, creating a more favorable environment for buyers and renters. While the new construction sector has seen a sharp monthly increase in list prices , the resale market has experienced a decrease in both list and sold prices month-over-month. Both sectors have seen a decline in closed sales compared to the previous month. The rental market remains robust with more listings year-over-year  and shifting pricing. These trends suggest a market that is continuing to adjust, necessitating that buyers, sellers, and renters stay well-informed to navigate the evolving conditions effectively.

Important Note:

This analysis is based on data from NTREIS (North Texas Real Estate Information Systems) as of August 30 2025.  Market conditions can change rapidly, and this report is intended for informational purposes only. It should not be considered a guarantee of future market performance.