The July 2025 housing market showed signs of slowing at the national level, with existing-home sales falling 2.7% month-over-month to a seasonally adjusted annual rate of 3.93 million, according to the National Association of REALTORS® (NAR). Compared to July 2024, sales held steady.
Regionally, the Midwest, Northeast, and South saw monthly declines, while the West posted gains. On a year-over-year basis, sales decreased in the Northeast and West but increased in the South and Midwest.
North Texas Highlights
Closer to home, the North Texas real estate trends reflect a market in transition:
- New Listings: up 5.5% to 18,029
- Pending Sales: down 5.1% to 9,695
- Inventory: up 18.4% to 53,099 homes
- Median Sales Price: down 0.2% to $374,197
- Days on Market: up 18.4% to 58
- Months Supply: up 14.6% to 5.5
These numbers show the DFW housing market update moving toward balance, with buyers seeing more opportunities and sellers facing increased competition.
National Snapshot
Nationally, the median existing-home sales price rose 2.0% year-over-year to $435,300—marking a new monthly high and the 24th consecutive month of price growth. Inventory also increased, with 1.53 million properties listed heading into July, a 15.9% jump from last year, representing a 4.7-month supply at the current sales pace.
What This Means for You
For Buyers
With more homes on the market and a slight dip in prices locally, buyers have greater flexibility. This could be the time to take advantage of negotiation leverage and explore a wider selection of homes.
For Sellers
Homes are spending longer on the market, so strategic pricing and presentation are crucial. Sellers who work with knowledgeable agents to price competitively and highlight home features will stand out in a growing inventory.
The Bottom Line
The July real estate report shows North Texas entering a new phase: more homes available, steadier prices, and longer days on market. Buyers, sellers, and agents all have opportunities to succeed by staying informed and adapting to these shifts.
Want to see the full NAR report? Click here to read it in detail.
Takeaway
The Texas housing market July 2025 highlights a clear transition. Buyers may find more breathing room, sellers must focus on competitive pricing, and the overall market is moving toward balance.
Have questions about what this means for your next move? Contact our team today.