Trends

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)

Metric	Value
Inventory	~6 months
Price Range Tracked	$750K to $8M
Median Days on Market	50–60+ 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.