Market Conditions: February 2025

Everyone’s favorite question: “How’s the market?” Let me tell you!

The Dallas-Fort Worth-Arlington housing market in February 2025 shows some key trends that both buyers and sellers should pay attention to.

Home Prices Are Up

The median home price rose to $395,000, a 1.5% increase from February 2024. This steady growth indicates that home values continue to appreciate, making it a great time for homeowners thinking about selling to take advantage of rising prices.

Inventory & Listings Are Up

There were 35.7% more active listings this February, with 27,564 homes on the market. This means buyers have more options, and sellers need to price their homes competitively to stand out.

Homes Are Taking Longer to Sell

The total time to close a sale is now 100 days—9 days longer than a year ago. While homes are still moving, they aren’t flying off the market as quickly as they were during the peak frenzy of past years. Sellers should be prepared for a longer selling timeline and ensure their home is priced right and well-marketed.

Sales Have Slowed Slightly

Closed sales dropped 4.4% from last year, with 6,362 homes sold in February 2025. This indicates that while demand is still strong, buyers are being more selective and taking their time.

What This Means for You

• Sellers: Now is still a great time to list your home, as prices are holding strong. However, strategic pricing and presentation are crucial with more inventory on the market. Be aware that gone are the times of going under contract in a week, expect to be on market for a minute. That however does not mean it won’t sell. (Trust your REALTOR® they are working diligently to get it sold)

• Buyers: With more homes available and longer days on market, you have more negotiating power than before. If you’ve been waiting for the right time to buy, this could be your opportunity. Interest rates can be scary, but lock into a rate today, and you are able to refinance later if they go down.

With 3.6 months of inventory, we are still technically in a seller’s market, but trends indicate a shift toward a more balanced market. Whether you’re buying or selling, having the right strategy is key.

Thinking about making a move? Let’s chat! I’d love to help you navigate today’s market.