Dallas County's July Market: More Choices for Buyers as Inventory Grows

An updated analysis of the Dallas County real estate market reveals notable shifts across the new construction, resale, and rental sectors in July 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, July 2025 presents a landscape of increased options and fluctuating prices. There are currently 1,238 active new construction listings. This marks a 2.1% increase from the previous month and a significant 9.7% rise from the previous year, signaling a growing inventory for prospective buyers.

Pricing for new homes shows a complex picture. The average list price for a newly built home is now $689.94K. This is a considerable 12.6% jump from June 2025, while remaining relatively stable with a slight 0.1% increase compared to July 2024.

Key New Construction Market Trends:

• Active Listings: 1,238, up 2.1% from last month and up 9.7% from last year.

• Average List Price: $689.94K, a 12.6% increase from last month and a 0.1% increase from last year.

• Closed Sales: There were 194 closed sales , which is a decrease of 19.8% from June and 7.6% year-over-year.

• Average Sold Price: The average price for closed sales was $684.4K , down 34.9% from the prior month and down 15.2% from the prior year.

• Months Supply: The months of supply is 5.40.

• Days on Market: Homes are on the market for an average of 76 days.

• Percent of Original Price: Homes are selling for 95.2% of their original list price, a 0.4% decrease from the previous month and a 1.1% 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. Active listings stand at 7,080, holding steady with no change from June 2025 but showing a substantial 23.2% increase compared to July 2024. This growth in inventory offers more choices for buyers.

Average prices in the resale sector are showing a downward trend. The average list price is $582.05K, a 3.3% decrease from last month, though it is up 3.5% from last year. Similarly, the average price for closed sales is $556.4K, which is a 6.5% decrease from the previous month but an 11.9% increase year-over-year.

Key Resale Market Trends:

• Active Listings: 7,080 active listings, unchanged from last month but up 23.2% yearly.

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• New Listings: 2,606 new listings, down 7.9% from last month and down 2.5% from last year.

  
  

• Closed Sales: 1,620 closed sales, down 3.2% from last month and down 1.6% from last year.

  
  

• Months Supply: The months supply stands at 4.90.

  
  

• Days on Market: Resale homes are taking an average of 46 days to sell.

  
  

• Percent of Original Price: Homes are selling for 94.5% of their original asking price, which is a 0.3% decrease from last month and a 1.5% 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. There are 3,235 active listings for leases, an increase of 2.5% from June 2025 and an 18.5% increase from the previous year. The number of new listings is 1,949, up 3.0% from the prior month and 14.9% from the prior year.

The average lease prices have experienced some changes. The average list price for a rental is $3.16K, which is a 1.9% decrease from the previous month. The average closed lease price is slightly higher at $3.30K, representing a 4.7% decrease from last month and a 3.7% decrease from last year.

Key Rental Market Trends:

• Active Listings: 3,235 active listings, up 2.5% from last month.

  
  

• Closed Leases: 1,229 properties were leased , a 2.7% decrease from June but a 7.5% increase from the previous year.

  
  

• Months Supply: The months supply for rental properties is 3.35.

  
  

• Days on Market: Rental properties are on the market for an average of 59 days.

  
  

• Percent of Original Price: Properties are leasing for 97.1% of their original listed price , which is a 0.5% increase from last month.

  
  

Overall Market Outlook

The Dallas County real estate market in July 2025 is characterized by a significant 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 modest decrease. Both sectors, however, have seen a decline in closed sales compared to the previous month. The rental market remains robust with more listings and relatively stable pricing. These trends suggest a market that is moving towards greater balance, 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 July 31, 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.