Dallas-Fort Worth Real Estate: December 2025 Market Recap

Based on the December 2025 market report, the Dallas-Fort Worth (DFW) real estate market finished the year with a flurry of activity, presenting conditions that the report highlights as "Great News for Buyers!". Contrary to the cooling trend seen in November, December saw a significant rebound in closed sales, while inventory levels tightened month-over-month.

🏠 New Construction Market: Sales Surge as Prices Moderate

The new construction sector in DFW saw a remarkable jump in sales activity to close out the year. While active listings decreased seasonally, the number of closed sales spiked by over 36% compared to the previous month. Prices have also moderated significantly year-over-year, offering better value for buyers.

Key New Construction Market Trends:

• Active Listings: 8,042, a decrease of 11.2% from November 2025 and 3.7% from last year.

• Average List Price: $514.03K, remaining relatively stable with a 0.4% decrease from last month and 1.3% decrease from last year.

• Closed Sales: 2,457, a massive increase of 36.5% from last month and 3.6% from last year.

• Average Price: The average price for closed sales is $452.2K, which is up 0.8% from last month but down significantly (-7.4%) from 2024.

• Months Supply: The market has tightened to a 4.25-month supply.

• Percent of Original Price: New homes are selling for approximately 92.4% of the original list price. This is down 0.6% from November and 1.7% from last year.

  
  

🏘️ Resale Market: Sales Rebound as Inventory Tightens

Similar to new construction, the resale market experienced a double-digit percentage increase in closed sales month-over-month. While inventory has tightened significantly since November, the number of active listings remains higher than it was at this time last year, giving buyers more options than they had at the end of 2024.

Key Resale Market Trends:

• Active Listings: 19,994, down 20.1% from November 2025 but up 4.0% from last year.

• Average List Price: $493.48K, down 4.3% from last month but up 2.0% from last year.

• Closed Sales: 5,148, an increase of 17.6% from last month, though virtually flat (-0.2%) compared to last year.

• Average Price: The average price for closed sales is $461.90K, up 4.5% from last month and 0.1% from 2024.

• Days on Market: Resale homes are taking an average of 72 days to sell.

• Percent of Original Price: Sellers are receiving 92.9% of the original list price. This is down 0.1% from November and 1.3% from last year.

🔑 Rental Market: Tightening Supply

The rental market saw a seasonal contraction in available listings and closed leases compared to November. However, active inventory remains significantly higher (+10.6%) than it was last year, preserving choices for potential tenants.

Key Rental Market Trends:

• Active Listings: 11,134, a decrease of 15.0% from November 2025 but a 10.6% increase from last year.

• Average List Price: The average list price for a rental is $2.39K, a slight increase of 0.2% from last month.

• Closed Leases: Closed leases totaled 4,784, which is a 6.3% decrease from last month and a 1.5% decrease from last year.

• Average Price: The average price for closed leases is $2.30K. This is up 1.3% from November, but down 2.3% from last year.

• Months Supply: There is a 2.94-month supply of rental properties.

• Days on Market: Rental properties are taking an average of 54 days to lease.

• Percent of Original Price: Properties are being leased at 95.6% of their original listed price. This is down 0.1% from November and 0.8% from last year.

📈 Overall Market Outlook

The Dallas-Fort Worth real estate market in December 2025 defied the typical winter slowdown with a robust surge in sales activity. The report emphasizes that conditions remain favorable, stating clearly: "THIS IS GREAT NEWS FOR BUYERS!".

• Mortgage Rates: The average mortgage rate is 6.57%, which is down slightly (-0.06%) from last year.

  
  

• Negotiation Power: With the "Percent of Original Price" hovering around 92-93% for sales, buyers continue to find room for negotiation.

  
  

• Inventory Context: Despite a monthly drop in listings, year-over-year inventory gains in the resale sector (+4.0%) and rental sector (+10.6%) suggest a healthier supply level than in previous years.

  
  

The data suggests a market that finished 2025 with strong momentum, offering increased leverage for those looking to purchase or lease as we head into the new year.

Important Note:

This analysis is based on data from NTREIS (North Texas Real Estate Information Systems) as of December 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.