Spring is in the air—and so is movement in the Dallas-Fort Worth real estate market. Here’s a quick snapshot of what’s happening as we roll into March 2025:
What We’re Seeing:
• Home prices are holding steady, with a 3–5% increase compared to this time last year.
• Inventory is up about 15–20%, giving buyers more options—but it’s still a competitive market.
• Homes are averaging around 35–40 days on the market, slightly longer than last year, but well within a healthy range.
• Mortgage rates are hovering between 6.5–6.75%, and with potential rate cuts on the horizon, more buyers may jump in soon.
• New builds are picking up in hot spots like Prosper, Forney, and Midlothian—great options for those seeking space and value.
What This Means for You:
• Thinking of selling? This is a great time to prep your home before peak season hits.
• Ready to buy? More listings mean more opportunities—let’s find the right one before competition heats up again.
Want to chat about what this market means for you or get started on a game plan? Just hit reply—I’m here to help.
Sincerely,
Nychole Baxter
