April 2025 Market Insights: What Buyers Need to Know Right Now
Spring is officially in full swing, and so is the North Texas real estate market. As the weather warms up, so does buyer activity—and April’s numbers are already telling an interesting story. If you're house hunting in Highland Park or eyeing a new listing in Lakewood, here’s what you need to know as a buyer this month.
Inventory Is Up, But So Is Competition
After a tight Q1, April brought a noticeable uptick in new listings. According to the Texas Real Estate Research Center, inventory across Dallas County rose by 11% compared to March. That’s giving buyers a bit more breathing room, especially in neighborhoods like Bluffview and Westover Hills.
But with that increase in supply, buyer activity is rising just as fast. Homes that are priced right and move-in ready are still flying off the market—some with multiple offers within the first 72 hours.
What this means for you:
Have your financing in order. If you’re serious about buying, pre-approval isn’t optional. It’s your entry ticket.
Prices Are Leveling Out (But Don’t Expect Big Drops)
The good news? Home prices across North Texas aren’t rising as sharply as they did last year. In fact, median sale prices in Dallas have remained relatively stable since January. But let’s be clear—there’s no fire sale happening either.
Luxury neighborhoods like Preston Hollow and Russwood Acres are still commanding top dollar for well-kept, updated homes. Price reductions are happening, but mostly on properties that were overpriced to begin with.
Pro Tip:
If you’re trying to time the market, stop. Focus instead on finding the right home that fits your lifestyle and budget. Trying to wait for a dip might mean missing your dream house entirely.
Buyers Are Smarter Than Ever
One trend I’m loving this spring? Buyers are getting savvier. They’re asking great questions about energy efficiency, renovation potential, and long-term resale value. I’m seeing more buyers request pre-inspection summaries and compare homes beyond just aesthetics.
In Lakewood and Bluffview, I’ve had clients walk away from “pretty” homes in favor of ones with better floorplans or mechanical upgrades. That’s a smart move.
The Spring Sweet Spot
April through June is historically one of the most active times to buy in North Texas, and 2025 is shaping up no differently. But by July, inventory starts thinning again and prices can tick up due to summer demand.
So if you’ve been watching listings, this is your moment to act.
Conclusion
If you’re buying in April, don’t do it alone. There’s opportunity in this market, but only if you’re well-prepared and partnered with someone who knows the ins and outs of each neighborhood.
