Inventory Up, Prices Shifting: Key Takeaways from the DFW July 2025 Market

The Dallas-Fort Worth real estate market for July 2025 presents a dynamic picture with shifts in inventory, pricing, and sales across all sectors.

New Construction Market: Inventory Up, Prices Adjusting

The number of active listings for new construction in DFW is currently 7,319. This is a 4.8% increase from last month (June 2025) and a 16.2% increase from last year (2024). This indicates a healthier inventory for buyers. The average sales price of a newly built home is now $511.60K, which is down 7.8% from last month and 2.8% from last year.

Key New Construction Market Trends:

• Active Listings: 7,319 active listings, showing a 4.8% increase from last month and a 16.2% increase from last year.

• Average List Price: The average list price is $471.00K. This is up 3.7% from last month (June 2025) and up 0.3% from last year (2024).

• Closed Sales: There were 1,562 closed sales, down 13.0% from last month (June) but up 1.9% from last year.

• Average Price: The average price for closed sales is $511.60K, down 7.8% from last month (June) and down 2.8% from last year.

• Months Supply: The market has a 4.70 months' supply.

• Percent of Original Price: New homes are selling for approximately 94.1% of the original list price. This is up 0.3% from last month (May) but down 1.0% from last year.

• Days on Market: Properties are staying on the market for an average of 84 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 reached 21,434, a 0.6% increase from last month (June 2025) and a 30.6% increase from last year (2024). The average list price is $478.32K, down 0.9% from last month and down 0.4% from last year.

Key Resale Market Trends:

• Active Listings: 21,434 active listings, up 0.6% from last month (June 2025) and up 30.6% from last year (2024).

• Average List Price: The average list price is $478.32K, which is down 0.9% from last month (June 2025) and down 0.4% from last year (2024).

• Closed Sales: There were 4,416 closed sales, down 4.7% from last month (May) and down 0.9% from last year.

• Average Price: The average price for closed sales is $507.60K, down 4.1% from last month (April) and down 0.1% from last year.

• Months Supply: The market has a 6.48 months' supply.

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

• Percent of Original Price: Sellers are receiving 94.3% of the original list price. This is down 0.7% from last month (April) and down 1.2% 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 8,637, a 3.1% increase from last month (June 2025) and a 14.5% increase from last year (2024).

Key Rental Market Trends:

• Active Listings: 8,637 active listings, showing a 3.1% increase from last month (June 2025) and up 14.5% from last year (2024).

• Average List Price: The average list price is $2.60K, which is up 26.0% from last month (June 2025).

• Closed Sales: Closed leases totaled 3,588, which is a 2.3% decrease from last month (May) and a 1.5% decrease from last year.

• Average Price: The average price for closed leases is $2.70K, showing a 14.1% increase from last month (May) and a 0.4% increase from last year.

• Months Supply: There is a 2.97-month supply of rental properties.

• Days on Market: Properties are taking an average of 48 days to lease.

• Percent of Original Price: Properties are being leased at 97.5% of their original listed price. This is down 0.1% from last month (May) and down 0.3% from last year.

Overall Market Outlook

The average mortgage rate is 6.79%, which is up 0.28% from last year. The increased inventory across both new construction and resale markets provides more choices for buyers. The rental market remains robust with growing inventory and stable pricing.

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.