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DFW Housing Market Cools in August 2025, Offering More Options for Buyers and Renters

The Dallas-Fort Worth (DFW) real estate market in August 2025 shows a clear trend of rebalancing, with inventory growing year-over-year across all sectors, providing more options for buyers and renters. While month-over-month sales have cooled, the increased supply and price adjustments signal a shift towards a more buyer-friendly environment.


New Construction Market: Inventory Grows, Prices Moderate


The new construction sector in DFW saw a slight increase in active listings from the previous month and a significant jump compared to last year. There are now 9,334 active new construction listings. This represents a 0.9% increase from July 2025 and a 10.6% increase from August 2024. While the average list price has risen from last month, the average sales price has declined, indicating that sellers are adjusting to meet the market.


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Key New Construction Market Trends:


  • Active Listings: 9,334 active listings, an increase of 0.9% from July 2025 and 10.6% from last year.

  • Average List Price: The average list price is $532.18K. This is up 4.4% from last month but down 0.8% from last year.

  • Closed Sales: There were 1,949 closed sales, a decrease of 7.1% from last month but a slight increase of 0.3% from last year.

  • Average Price: The average price for closed sales is $449.50K, down 2.2% from July and down 3.8% from August 2024.

  • Months Supply: The market has a 4.92-month supply of new homes.

  • Percent of Original Price: New homes are selling for approximately 93.7% of the original list price. This is down 0.8% from July and down 1.5% from last year.

  • Days on Market: Properties are staying on the market for an average of 84 days.



Resale Market: Inventory Swells, Shifting to a Buyer's Market


The DFW resale market is experiencing a significant increase in inventory compared to last year, giving buyers more leverage. Active listings stand at 28,141, which is a 17.3% surge from August 2024, although this is a 4.0% decrease from July 2025. With a months supply now over six months, the resale sector has officially entered buyer's market territory.



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Key Resale Market Trends:

  • Active Listings: 28,141 active listings, down 4.0% from July 2025 but up 17.3% from last year.

  • Average List Price: The average list price is $403.58K, which is down 2.2% from last month and down 2.9% from last year.

  • Closed Sales: There were 5,999 closed sales, down 9.9% from July and down 3.6% from last year.

  • Average Price: The average price for closed sales is $458.40K, down 4.4% from last month and down 1.4% from August 2024.

  • Months Supply: The market has a 6.27-month supply.

  • Days on Market: Resale homes are taking an average of 59 days to sell.

  • Percent of Original Price: Sellers are receiving 93.8% of the original list price. This is down 0.5% from April and down 1.0% from last year.



Rental Market: More Options for Renters


The DFW residential lease market continues to grow, providing more choices for tenants. Active rental listings are at 11,771, a 1.6% increase from last month and an 8.0% increase from last year. The average lease price has seen a slight decrease, reflecting the greater availability of properties.


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Key Rental Market Trends:

  • Active Listings: 11,771 active listings, an increase of 1.6% from July 2025 and 8.0% from last year.

  • Average List Price: The average list price for a rental is $2.53K, a decrease of 1.5% from last month.

  • Closed Sales: Closed leases totaled 4,336, which is a 16.3% decrease from July and a 3.3% decrease from last year.

  • Average Price: The average price for closed leases is $2.30K, a decrease of 2.6% from last month and 0.4% from last year.

  • Months Supply: There is a 3.03-month supply of rental properties.

  • Days on Market: Rental properties are taking an average of 44 days to lease.

  • Percent of Original Price: Properties are being leased at 97.0% of their original listed price. This is down 0.4% from May and down 0.4% from last year.




Overall Market Outlook


The Dallas-Fort Worth real estate market is adapting to new conditions defined by higher inventory and moderating prices. The average mortgage rate is 6.79%, which is up 0.28% from last year, influencing buyer affordability. The significant growth in year-over-year inventory across both new and resale homes provides buyers with more choices and negotiating power than they have had in recent years. The rental market also reflects this trend, with more available properties for prospective tenants.



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.    

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