Garland TX Housing Market Update – March 2025
The Garland housing market is showing signs of resilience this spring. Prices are holding firm, buyer activity is strengthening, and homes are selling faster. While inventory continues to rise, demand remains healthy, making Garland one of the more balanced—but still active—submarkets in the Dallas metro.
Here’s what March 2025 data tells us about the current shift.
Market Supply: Inventory Growing, Buyers Gaining Options
Months of Inventory: 4.48
Month-over-Month Change: +2.1%
12-Month Change: +77.8%
Inventory in Garland climbed again in March, up 2.1% from February and nearly 78% higher than this time last year. With 4.48 months of supply, the market is still balanced—but tilting slightly toward buyers for the first time in a while.
This increase gives buyers more options and more negotiation power. For sellers, it means pricing, staging, and marketing all need to be dialed in from day one—because buyers have the freedom to walk if your home doesn’t hit the mark.
Sales Pace: Homes Are Selling Faster
Median Days on Market: 46
Month-over-Month Change: -20.69%
Despite rising inventory, homes are selling faster. Median Days on Market dropped by more than 20% in March, which indicates increased buyer urgency—especially in the entry-level and mid-tier price ranges.
This contradiction (rising inventory but faster sales) suggests that while more homes are hitting the market, the best listings are being scooped up quickly. Sellers who prepare properly can still expect strong interest and clean closings.
Pricing Trends: Sale Prices Rise, Valuations Pull Back
Median Sold Price: $305,000
Month-over-Month Change: +5.43%
Median Estimated Property Value: $312,260
Month-over-Month Change: -2.1%
12-Month Change: -0.7%
Prices climbed more than 5% month-over-month, while appraisal values fell slightly. That gap between sold and estimated values is now visible—creating a scenario where appraisal shortfalls could become more common, especially for homes selling above list.
Sellers should be ready to defend pricing with comps and condition, while buyers might benefit from those gaps to negotiate concessions or price adjustments post-appraisal.
Price Per Square Foot: Mixed Signals Reflect Buyer Selectivity
Active Listings: $191/sqft (+0.5% MoM)
Pending Listings: $185/sqft (flat)
Sold Listings: $179/sqft (-1.1% MoM)
Active listings are pushing pricing slightly higher, but the dip in sold $/sqft suggests that buyers are pushing back—particularly on homes that are not updated or competitively priced.
This modest compression in price per square foot shows that buyers are still in the market, but they’re shopping with more scrutiny. Sellers should expect negotiation—especially if their home lacks modern upgrades or shows deferred maintenance.
Strategic Insights
For Sellers
You still have the opportunity to sell quickly and for a strong price—especially if your home is well-prepared and priced to reflect recent sold data. However, buyer selectivity is increasing, and appraisals may lag. Don’t assume demand will carry a weak listing. Presentation, pricing, and market timing now matter more than ever.
For Buyers
With inventory up and homes moving faster, this is a sweet spot. You have more options than last year, but you’ll need to move quickly on well-priced listings. Use appraisal gaps and time-on-market data to negotiate with sellers who may be overreaching.
For Investors
Garland continues to offer upside for investors focused on long-term value. The drop in $/sqft for sold homes suggests room to acquire under value, especially on listings over 30 days old. Look in the $160–$180/sqft range for light rehab opportunities in areas with solid rental demand.
Final Thoughts
Garland’s market is sending a clear message: demand is still here, but expectations are shifting. Homes are selling faster, prices are holding, and buyers are being more calculated. It’s a balanced environment that rewards sharp sellers and prepared buyers.
Let’s use this data to make your next move the right one.
Gustavo Ramos
Realtor – Keller Williams Dallas Metro North
📞 (817) 876-3390
📧 gustavoramos@kw.com
🌐 gustavoramos.kw.com
