Dallas real estate hot for 2025, top group reports

After months of uncertainty, the 2025 real estate market looks strong, with buyers and sellers expressing a positive sense of change in the economy, according to the experts with the Perry Wisdom Barrett Real Estate Group.

“I’m seeing the market being on fire this year,” said Alex Perry, the top-ranked luxury real estate agent in Dallas and all of Texas, according to RealTrends, as advertised in The Wall Street Journal. “There’s not enough inventory of homes for sale in Dallas, but people are moving and the economy looks to have some room to run.”

Interest from buyers and sellers ramped up in the final months of 2024, an indication of a very robust spring market.

Buyers who had been on the fence are ready to act.

Get updates from Abode

Sign up for the Abode newsletter for a weekly roundup of the latest home, design and real estate stories.

The spring market should be fully under way by the beginning of February at the latest.

“If you’re a seller considering making a move, this spring market is going to be a really good opportunity,” said Chad Barrett. “It’s important to get your house as ready as possible now. A lot of buyers still want a turnkey home.”

If you’re not willing or able to make those updates, he said, then you have to be ready to price the home accordingly. Move-in-ready homes usually get top dollar.

What will be the key to selling in 2025? The answer never changes: You have to price it right.

Hire a real estate agent who knows the market well and then trust their guidance on pricing.

Perry said he’s still seeing some pre- versus post-pandemic disconnect. Buyers aren’t willing to pay just anything for a home now, so you might not make the same profit on selling your home as the previous owner did. But you’ll still make a profit.

Getting it right takes planning, so talk to an agent now.

“It takes some time to come up with all the details in your strategy for selling,” said Elizabeth Wisdom. “We want to have your home perfectly positioned as soon as it hits the market.”

“Today’s market requires patience and knowledge, for both sellers and buyers,” said Eric Narosov. “That’s why it’s essential to navigate this market with a price-driven approach and the ability to make the deal happen.”

Hiring an agent with a track record of delivering results is your best bet for winning in the 2025 real estate market. They know what’s happening by neighborhood, street and block and can guide you seamlessly.

According to Perry Wisdom Barrett, there’s no roadmap for the 2025 market; it depends on all the factors at play in each transaction. But it will be a great year to sell a home.

Source link