Keller TX Housing Market Update – March 2025
The Keller market is still strong—but not untouchable. Homes are moving fast, inventory remains tight, and buyers continue to engage. But beneath the surface, some softening is appearing. Sale prices declined, sold price per square foot dropped noticeably, and valuation gaps are beginning to grow.
Here’s what March’s numbers reveal—and how you should position yourself in this shifting market.
Market Supply: More Listings, But Still a Seller’s Market
Months of Inventory: 2.9
Month-over-Month Change: +15.1%
12-Month Change: +23.4%
Inventory jumped 15% in March, but Keller still sits firmly in seller territory with just under 3 months of supply. That means sellers still hold leverage—though rising inventory will gradually balance that power.
This is the ideal time for sellers to act before conditions continue trending toward equilibrium.
Sales Pace: Homes Still Moving Quickly
Median Days on Market (Sold): 29
Month-over-Month Change: +11.5%
While the time on market increased slightly, homes are still selling in under a month. That shows continued buyer interest, but also hints at buyers becoming more thoughtful—especially on listings priced above $700K or those needing updates.
Pricing Trends: Sale Prices Drop, Appraisals Dip Further
Median Sold Price: $633,750
Month-over-Month Change: -6.0%
Median Estimated Property Value: $628,030
Month-over-Month Change: -1.7%
12-Month Change: +0.3%
March saw a meaningful drop in sale prices—down 6% from February. Estimated values declined as well, signaling an overall softening in pricing expectations. The fact that appraised values are now below sold prices suggests that financing deals may encounter appraisal risk, especially for homes priced above $650K.
Price Per Square Foot: Mixed Signals
Sold Listings: $216/sqft (-9.2% MoM)
Active Listings: $230/sqft (+2.7% MoM)
Pending Listings: $232/sqft (+5.0% MoM)
The drop in sold $/sqft stands out—a 9.2% decline indicates that buyers are pushing back, especially on homes not updated or priced aggressively. Meanwhile, active and pending listings show confidence from sellers and continued strength in buyer demand for well-positioned homes.
This mix suggests a price-sensitive market, where only competitively priced, move-in-ready homes are commanding premium offers.
Strategic Insights
For Sellers
You still have the advantage—but the window is tightening. The drop in sold price per foot and median sale price shows that buyers are pushing back. If you want to sell quickly and for top dollar, price based on sold comps, not just active listings. Prep and timing are everything right now.
For Buyers
Inventory is improving, and the recent dip in closed prices means you have more negotiating power—especially if the home has been on the market more than 2–3 weeks. Watch for appraisal gaps and use them to your advantage. Focus on homes priced over $230/sqft that haven’t been updated recently.
For Investors
This is an ideal time to acquire homes at or below $210/sqft, especially ones that need light updates. With pending $/sqft still trending up, there's margin in flips or mid-term rental conversions. Target homes that have sat for 30+ days with motivated sellers open to negotiation.
Final Thoughts
Keller remains strong—but March’s data shows signs of moderation. Prices dipped, buyer selectivity increased, and inventory is on the rise. If you're looking to buy or sell in Keller, your success will come down to precision—not assumptions.
Let’s build your plan around what the numbers actually say—and move accordingly.
Gustavo Ramos
Realtor – Keller Williams Dallas Metro North
📞 (817) 876-3390
📧 gustavoramos@kw.com
🌐 gustavoramos.kw.com
