DFW Real Estate: June 2025 Market Shifts Favor Buyers

The Dallas-Fort Worth real estate market is always a dynamic place, and June 2025 is proving to be no exception. Let's dive into the key trends across new construction, resale, and rental sectors to get a clear picture of what's happening.

New Construction Market: Inventory Up, Prices Adjusting

If you're in the market for a brand-new home in DFW, the number of active listings for new construction is currently at 7,321. This is a slight increase of 0.5% from last month (May 2025). This indicates a healthier inventory for buyers.

However, there are shifts in pricing. The average sales price of a newly built home is now $544.50K.

Key New Construction Market Trends:

• Active Listings: 7,321 active listings , showing a 0.5% increase from last month (May 2025).

• Average List Price: The average list price is $457.12K. This is up 1.6% from last month (May 2025) and up 0.3% from last year (2024).

• Closed Sales: There were 1,663 closed sales. This is down 14.8% from last month (May) but up 6.5% from last year.

• Average Price: The average price for closed sales is $544.50K. This is down 0.8% from last month (May) and down 0.3% from last year.

• Months Supply: The market has a 4.59 months' supply.

• Percent of Original Price: New homes are selling for approximately 94.3% of the original list price. This is up 0.2% from last month (May) but down 1.9% from last year.

• Days on Market: Properties are staying on the market for an average of 85 days.

Resale Market: Inventory Surge and Price Trends

The DFW resale market is experiencing dramatic shifts, with a significant increase in available homes. Active listings have jumped to 23,468 , which is a 4.4% increase from last month (May 2025) and a 34.7% increase from last year (2024). For buyers, this surge means a much wider selection of properties.

Average prices are showing slight year-over-year increases. The average list price is $482.77K , and the average sold price is $543.10K.

Key Resale Market Trends:

• Active Listings: 23,468 active listings , up 4.4% from last month (May 2025) and up 34.7% from last year (2024).

• Average List Price: The average list price is $482.77K , which is up 0.9% from last month (May 2025) and up 3.3% from last year (2024).

• Closed Sales: There were 4,524 closed sales. This is down 0.7% from last month (May) and down 6.2% from last year.

• Average Price: The average price for closed sales is $543.10K. This is down 0.3% from last month (April) and down 1.1% from last year.

• Months Supply: The market has a 6.52 months' supply.

• Days on Market: Resale homes are taking an average of 54 days to sell.

• Percent of Original Price: Sellers are receiving close to their asking price, with homes selling for 95.1% of the original list price. This is down 0.1% from last month (April) and down 0.7% from last year.

Rental Market: More Options for Renters

The DFW residential lease market is also showing notable developments. Renters have more options, as active listings are at 9,224 , showing a 3.3% increase from last month (May 2025).

Key Rental Market Trends:

• Active Listings: 9,224 active listings , showing a 3.3% increase from last month (May 2025) and up 13.3% from last year (2024).

• Average List Price: The average list price is $2.52K , which is up 26.0% from last month (May 2025).

• Closed Sales: Closed leases totaled 4,307 , which is a slight 0.6% decrease from last month (May) but a 4.9% increase from last year.

• Average Price: The average price for closed leases is $2.40K , showing a 1.1% increase from last month (May) and an 11.1% increase from last year.

• Months Supply: There is a 2.80-month supply of rental properties.

• Days on Market: Properties are taking an average of 39 days to lease.

• Percent of Original Price: Properties are being leased at 97.8% of their original listed price. This is up 0.1% from last month (May) and down 0.3% from last year.

Overall Market Outlook

The DFW real estate market in June 2025 presents a mixed but advantageous picture for buyers. Increased inventory across both new construction and resale markets provides more choices and negotiating power. A significant factor for buyers is the average mortgage rate, which at 6.83% , is down 1.4% from last year. This is considered "great news for buyers!".

Price adjustments in the new construction sector and a substantial inventory boom in the resale market signal a shift in dynamics. The rental market remains robust with growing inventory and stable pricing. For anyone looking to enter the DFW real estate market, staying informed and strategic is essential.

Important Note:

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