Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.
Yes, if you negotiate. Buyers have the upper hand in Dallas right now.
You have the upper hand in Dallas. Most homes for sale still have no buyer. Many sellers have already dropped their price once. Sellers are competing for you. Use it.
Only 27 out of every 100 homes for sale have found a buyer. The other 73 are still waiting. Your offer may be the only one on the table. About 1 in 4 sellers has already dropped their price. Each one has learned their first price was too high. Start below their new price, not their old one.
A typical Dallas home takes 58 days to find a buyer. Half of them take even longer. That is 9% slower than a year ago. Those sellers are paying to own a house they want to sell. Search for homes listed 60+ days ago. There are 4,187 homes for sale in Dallas. That is 5.6 times the tightest month on record, but below the peak of 4,393. Supply is shrinking against last year.
Asking prices are 16.4% below their May 2017 peak. You are not buying at the top. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller. Dallas prices rose in only 55 of the last 108 months. This market goes up and down. Timing matters here. Growth will not rescue a bad price.
The discount is already here. It is not getting bigger. Buy now while sellers are still weak. Waiting for a lower price stopped working a year ago.
Yes, if you negotiate. Buyers have the upper hand in Dallas right now. 0.27 out of every 100 homes for sale have a buyer, 26% of sellers have cut their price, and a typical home takes 58 days to sell.
Asking prices are 16.4% below their May 2017 peak. You are not buying at the top. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller.
+1.6%/yr. 1 year: -2.0% · 5 years: +1.6% · ten years: +2.0%. The five-year and ten-year rates agree. That is a durable trend, not a boom artifact. It is a fair long-run input. Measure growth per square foot. Dallas median list price fell 0.9% a year, but price per square foot grew 2.0%. The gap is smaller homes, not weaker growth. The house you buy will not shrink. The one-year rate is a timing signal. It is not an underwriting input.
A typical Dallas home takes 58 days to find a buyer. Half of them take even longer. That is 9% slower than a year ago. Those sellers are paying to own a house they want to sell. Search for homes listed 60+ days ago.
75235. Only 17 out of 100 homes there have a buyer, 42% have cut their price, and a typical home takes 63 days to sell.
Where it isn't: 75229 ranks #3,737 in the country for buyer demand. Expect the least room to negotiate there.
No ZIP is on both lists. In Dallas you pick leverage or growth. You cannot have both.
| ZIP | $/sqft, 2 yrs | $/sqft now | Buyers per home | For sale |
|---|---|---|---|---|
| 75244 | +10.0% | $339 | 0.20 | 47 |
| 75220 | +9.3% | $379 | 0.29 | 111 |
| 75214 | +8.7% | $429 | 0.34 | 157 |
| 75236 | +6.1% | $181 | 0.35 | 26 |
| 75240 | +4.7% | $249 | 0.22 | 63 |
Computed from each ZIP's own ten-year history. ZIPs with fewer than 10 homes for sale are excluded: a median across a handful of listings is noise, not a signal.
Closest matches on asking price, price per square foot, days to sell, buyer demand, and price cuts.