How Is the 2025 Real Estate Market?

By Seychelle Van Poole

Seychelle is a specialist in meeting the needs of sellers and buyers, and serves as the Team Director for Van Poole Properties Group. Being named Top 30 Under 30 by the National Association of Realtors for 2011, Seychelle is an expert negotiator, marketing and sales analyst, and is dedicated to making the buying and selling process stress-free and enjoyable.

How is the real estate market right now? This is a question I’ve been hearing frequently, and it’s easy to see why. Many of you are likely planning your next move in 2025, and understanding the current real estate market can help you make informed decisions.

While the rapid growth we saw during the pandemic has slowed down, the market isn’t crashing. Instead, we’re seeing a more balanced and ‘normalizing’ market. To help you understand this ongoing shift better, let’s explore the factors that are causing it:

1. Increased supply. The number of homes available for sale across the United States has risen notably. During the peak of the pandemic market, we only had 4,600 homes available for 7.2 million people in Dallas-Fort Worth, which created a highly competitive market.

Today, our market has closer to 30,000 active listings. This gives buyers a lot more options and more leverage in negotiations. Meanwhile, sellers should adjust their expectations because it may take longer for them to sell. Due to more supply, our market is more balanced. Both buyers and sellers can succeed, but it might take a little work.

2. Price growth. Prices are gradually increasing in most parts of the country. Redfin predicts a modest increase of about 4% in 2025, which means sellers need to be mindful of pricing their property competitively. Buyers have more options now, so they won’t show interest in your property if it’s overpriced.

To make your home more attractive to buyers, consider making small, upfront investments. Since buyers may have limited budgets for post-closing repairs, even minor improvements can significantly enhance your home’s appeal and increase its chances of a quick sale.

3. Impact of home condition. Right now, there’s a big difference between homes in good condition and those that aren’t. Homes in great condition are flying off the market for high prices. On the other hand, homes needing repairs, even minor ones, can deter buyers. They may significantly reduce their offer to account for the estimated cost of repairs. For example, I recently saw a home that looked great, but the outdated carpet could potentially cost buyers $20,000 to $30,000 to replace. If you’re selling a home, it’s important to assess what improvements might be necessary to maximize your home’s appeal to potential buyers.

It’s important to remember that the real estate market is highly localized. What’s happening in your specific neighborhood might differ significantly from the broader Dallas-Fort Worth market. If you want more insights about your specific situation, like your home’s value, market positioning, and personalized strategies, you can always call me at (214) 267-9222. I look forward to hearing from you!