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Cathy K Witte

DFW Housing Market Update — June 2025

Dallas Luxury Market Update — June 2025

🔹 Market Shifting Toward Buyers

The Dallas market is leaning more toward buyers in the $750K to $8M range. With inventory building and more homes sitting longer, high-end buyers have gained leverage.

  • Many homes are selling below list price, particularly those over $1.5M
  • Negotiation is back — concessions, upgrades, and seller credits are on the table
  • It’s a smart time for buyers to explore the high-end market with confidence

🔹 Sales Pace Softens, Prices Hold

While appreciation has leveled off slightly, prices in Dallas’ upper market remain strong, especially in areas like Preston Hollow, University Park, and Lakewood.

  • Most listings are taking 50–60+ days to sell
  • $750K–$1.2M homes are seeing the most activity, with multiple showings
  • $2M+ homes are moving slower, but buyers are selectively submitting offers

🔹 More Inventory = More Options

Dallas now has nearly 6 months of luxury inventory, a shift from recent years.

  • Listings in the $1M–$3M range are most plentiful
  • Buyers can shop remodeled estates, new construction, and gated communities
  • Sellers must price smart and offer strong presentation to compete

🔹 Affordability Pressure Still Matters

Even in higher price points, affordability factors are impacting buyer behavior:

  • Monthly payments are up due to rate increases on jumbo loans
  • Buyers are more cautious, and many expect added value for premium pricing
  • Cash buyers and investors are still active in the $750K–$2M bracket

💡 What This Means for You

🏠 For Buyers:

  • Now is the time to explore options and negotiate added value
  • High-quality listings are available without the frenzy of last year
  • If you’re well-qualified, you’ll have your pick of the market

🏠 For Sellers:

  • Price competitively and focus on curb appeal and staging
  • Homes above $1.5M must be marketed aggressively to stand out
  • Expect buyers to shop around and request flexibility

📈 Quick Stats – Dallas Luxury Market (June 2025)

MetricValue
Inventory~6 months
Price Range Tracked$750K to $8M
Median Days on Market50–60+ days
% Selling Below List~60%
Buyer Activity Zone$750K–$1.5M
Slower Zone$2M+ homes

📌 Final Thought:

With inventory up and pressure easing, Dallas luxury real estate in the $750K–$8M range offers serious opportunities. Whether you’re upgrading or downsizing, it’s a market where smart strategy pays off.

Specializing in the sale of fine homes in the Park Cities, Preston Hollow, M-Streets, Lakewood and Bluffview. Cathy’s success is based on 35+ years corporate business and real estate experience, a commitment to meeting customer needs and a thorough understanding of communication and the marketplace.  Having spent years working internationally and fluent in several languages, Cathy brings a unique ability to listen and understand diverse client needs allowing them to effectively represent both buyers and sellers.  With experience in top management, she is used to handling complicated transactions while remaining focused on the results.  She is smart, persistent problem solver and is known for their attention to details, negotiating skills and “keeping the deal together”.  Her professionalism and integrity has led to a strong network of referrals from past clients.  Consistently performing at a Top Producer level, she ranks in the top percentage of Allie Beth Allman & Associates year after year. Cathy and her husband, Tony, a licensed agent as well, have relocated domestically and internationally (Europe, Latin America and China) more than 3o times themselves, Cathy and Tony know the ins and outs of getting the move done efficiently with a minimal amount of stress.  They are experienced with both corporate and individual relocations and second/vacation and investment homes.