Northeast Dallas currently leans toward sellers, with a market gauge reading of 30 but conditions are shifting toward better balance. Months of supply has climbed to 5.6 in this rolling three-month view, up sharply about two-thirds from a year ago. Homes are also taking longer to sell, with the median days on market holding at 53, up from much quicker timelines seen in recent years.
Prices have softened compared with last year, even as they remain relatively high. The typical home value in this rolling three-month period is about 6 percent lower year over year, and the median list price is down just over 5 percent from a year ago. Despite that cooling, Northeast Dallas is still a bit pricier than the broader Dallas city, where the median sale price sits lower, though citywide values are up modestly year over year.
Activity has slowed on both sides of the transaction. Homes sold in the latest three-month window are down nearly 11 percent year over year, and pending sales have fallen about 13 percent, even as new listings are roughly flat compared with a year earlier. A smaller share of homes is selling above the asking price than in prior years, at just over 11 percent, while the average sale-to-list ratio hovers near 97 percent. In this evolving market, both buyers and sellers can benefit from an Agent Pronto–recommended real estate professional who understands Northeast Dallas trends and pricing nuances.
