What a “Balanced Market” Really Means in DFW Real Estate — and Why Pricing Right Matters More Than Ever
You’ve probably heard the phrase “we’re moving toward a balanced market” tossed around lately. Traditionally, a six-month supply of homes has been considered balanced — meaning neither buyers nor sellers have the upper hand. But here in DFW, that balance has shifted. With our population growth, job market, and steady demand, experts agree that a truly balanced market sits closer to four months of inventory. So, what does that mean for you as a seller? It means the days of throwing a price on your home “just to see what happens” are gone. If you’re testing the market at $20,000 over market value, it’s not a strategy — it’s a setback. Here’s why: 🕐 Overpricing Costs You Time Buyers are smart — and so are their agents. In a digital world where everyone has instant access to market data, overpriced homes stick out like a sore thumb. The longer your home sits, the less urgency buyers feel. Eventually, you’re left chasing the market down with price reductions that could have been avoided wi...