February 2025 North Texas Real Estate Market Update – Trends & Insights
As we move deeper into 2025, the North Texas real estate market continues to evolve, with inventory levels rising and homes spending more time on the market. Whether you're buying or selling, understanding these trends is essential for making informed decisions. Let’s take a closer look at February’s housing market in Denton, Collin, Dallas, and Tarrant counties.
Market Overview: Inventory on the Rise
February saw an increase in inventory across all four counties, signaling more options for buyers and a shifting dynamic for sellers. The months of inventory have grown compared to last year:
Denton County: 3.3 months (up 1.1 YoY)
Collin County: 3.2 months (up 1.0 YoY)
Dallas County: 3.7 months (up 1.1 YoY)
Tarrant County: 3.0 months (up 0.6 YoY)
With more homes on the market, buyers are gaining negotiating power, while sellers need to price competitively to stand out.
Home Prices: Slight Shifts in Value
Average list prices showed mixed trends across the region:
Denton County: $445,000 (+0.3% YoY)
Collin County: $483,750 (-0.3% YoY)
Dallas County: $370,000 (unchanged YoY)
Tarrant County: $348,000 (+1.5% YoY)
Collin County saw a minor dip in prices, while Tarrant and Denton counties experienced slight increases. Dallas County remained stable. While some markets are softening, values overall remain strong.
Days on Market: Homes Taking Longer to Sell
Properties are staying on the market longer, a sign of cooling demand and cautious buyers:
Denton County: 64 days (5 days longer YoY)
Collin County: 68 days (13 days longer YoY)
Dallas County: 58 days (9 days longer YoY)
Tarrant County: 64 days (8 days longer YoY)
For sellers, this means preparing for longer negotiation periods and potential price adjustments if activity remains slow.
Price per Square Foot: A Decline in Some Areas
The median price per square foot dropped in three of the four counties:
Denton County: $203.24 (+0.3% YoY)
Collin County: $204.97 (-4.0% YoY)
Dallas County: $200.44 (-2.6% YoY)
Tarrant County: $183.36 (-0.5% YoY)
This suggests that buyers are becoming more selective, and homes may need additional updates or pricing adjustments to compete in today’s market.
Key Takeaways for Buyers and Sellers
For Buyers:
More inventory means more choices, so take your time finding the right home.
Less competition reduces the chances of bidding wars.
Softening prices in some counties could make now a great time to buy.
For Sellers:
Pricing strategy is crucial. Overpricing could lead to extended market times.
Staging and professional photography can help homes stand out.
Be patient. Homes are taking longer to sell, so set realistic expectations.
Final Thoughts
The North Texas market remains active, but trends are shifting. Buyers are gaining more control with increasing inventory, while sellers need to be strategic in pricing and presentation. Whether you’re looking to buy or sell, working with an experienced real estate professional is key to navigating these market changes.
Thinking about making a move? Mosaic Realty Group is here to guide you every step of the way. Contact us today to discuss your goals!
