Six months into 2025, Dallas homes are spending more time on the market than last year, and the number of actual homes sold has dropped by nearly 9% year-over-year.

Still, sale prices have steadily increased each month of 2025 for a 5.7% cost increase compared to 2024, data from the online real estate firm Redfin shows. The median house in Dallas is now selling for nearly $468,000, the market tracker shows, which is 8% higher than the national average. That number stings, considering the latter half of 2024 saw housing prices begin to fall after the median home sale price peaked at $500,000 last May.

If you took ECON101, you’re likely scratching your head right now. Based on the basic principles of supply and demand, wouldn’t more houses on the market result in a dip in prices?

“Mo

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