{"id":395015,"date":"2025-11-21T16:38:17","date_gmt":"2025-11-21T16:38:17","guid":{"rendered":"https:\/\/www.europesays.com\/us\/395015\/"},"modified":"2025-11-21T16:38:17","modified_gmt":"2025-11-21T16:38:17","slug":"roughly-87-of-d-fw-homes-lost-estimated-value-and-other-real-estate-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/395015\/","title":{"rendered":"Roughly 87% of D-FW homes lost estimated value and other real estate news"},"content":{"rendered":"

Roughly 87% of homes in the Dallas metro<\/a> have seen their estimated value drop in the past year, according to a new study from Zillow.<\/p>\n

The decline was measured from October 2024 to October 2025. Zillow examined the value changes in their Zestimate \u2014 the firm\u2019s estimate of a home\u2019s market value. <\/p>\n

The formula takes into account public, MLS and user-submitted data. The nationwide median error rate for a Zestimate is 1.83%, according to Zillow.<\/p>\n

Estimated home values fell for 53% of all homes in the United States. Loss of estimated values were most widespread in the West and South, Zillow reported.<\/p>\n

D-FW Real Estate News<\/p>\n

Get the latest real estate news you need to know.<\/p>\n

By signing up, you agree to our\u00a0Terms of Service<\/a>\u00a0and\u00a0Privacy Policy.<\/a><\/p>\n

It\u2019s important to note that most homes were purchased well before estimated values peaked. Therefore, a majority of homeowners are still sitting on sizable gains. <\/p>\n

The median U.S. home was last purchased 8.6 years ago and has experienced a 67.2% increase in value since that sale, according to Zillow records. <\/p>\n

In Dallas, most home values have risen by more than 50% since their last sale.<\/p>\n

\u201cDallas has seen existing inventory fully recover from pandemic-era shortfalls,\u201d said Treh Manhertz, senior economic researcher at Zillow. \u201cNow there are almost 13% more existing homes for sale there than we saw in 2018-2019. New construction played a big role in unsticking the market there. It\u2019s easier to build in Dallas than most major metros, and this injection of supply gave buyers options.\u201d<\/p>\n

Manhertz also said that lower competition softened prices in Dallas faster than the national average, but this is a normalization in the market following big price jumps from 2020 to 2022.<\/p>\n

\u201cAffordability is improving quickly,\u201d he said. \u201cMortgage payments are down nearly 6% from last year, and buyers have more leverage in negotiations than in past years.\u201d<\/p>\n

Downtown site on market for $8.5M<\/p>\n

A .67-acre site in downtown Dallas is for sale. The asking price is nearly $8.5 million.<\/p>\n

The site at 1823 Cadiz St.<\/a> is roughly half a mile from the Kay Bailey Hutchison Convention Center, which is undergoing a multi-billion-dollar renovation. The listing touts the site as ideal for multifamily, hotel, office, retail or mixed-use development.<\/p>\n

The lot is 29,000 feet. The Dallas Central Appraisal District values the property at just over $1.8 million for tax purposes. Those values often trail market value.<\/p>\n

The property is owned by Dallas-based real estate investment and development firm Wildcat Management.<\/p>\n

Highland Homes to start sales in massive Denton development<\/p>\n

Plano-based Highland Homes will soon start new home sales in Landmark, a massive Denton mixed-use development<\/a> from developer Hillwood.<\/p>\n

Highland\u2019s homes will be on 50-foot lots ranging from 2,200 to 3,600 square feet. Homes are priced from the high $500,000s. A model home is under construction and is expected to open in February 2026.<\/p>\n

\u201cWe\u2019re excited about Landmark,\u201d said Highland Homes vice president of sales Jason Walker. \u201cOur collaboration with Hillwood spans 25 years, so we know this community will bring robust amenities and a deep connectivity to community \u2014 a Hillwood community trademark.\u201d<\/p>\n

Roadwork marks start of 1,800-acre project <\/p>\n

Republic Property Group has begun development on Wildwood, a master-planned community in McKinney. <\/p>\n

The initial phase of construction includes a 3.8-mile extension of Laud Howell Parkway. The roadway will connect much of McKinney north of U.S. Route 380. <\/p>\n

The Laud Howell Parkway extension is expected to be completed in late 2027. Additional details regarding the scope of the project will be released in the near future.<\/p>\n

The 1,800-acre mixed-use development will include residential, commercial and office uses. The project represents the last major land area available for development within McKinney, the developers said in a news release.<\/p>\n

\"A<\/a>New $85 million mixed-use development coming to former Valley View mall<\/a><\/p>\n

It\u2019s the first project in the Dallas Midtown district, and it only takes up a small portion of the site.<\/p>\n

\"Downtown<\/a>High-profile downtown Dallas hotel hits market at $55 million<\/a><\/p>\n

The 23-story high-rise was built in 1969.<\/p>\n","protected":false},"excerpt":{"rendered":"Roughly 87% of homes in the Dallas metro have seen their estimated value drop in the past year,…\n","protected":false},"author":3,"featured_media":395016,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5135],"tags":[5229,12611,1596,4329,10204,358,3187,67,586,132,5230,68,2969],"class_list":{"0":"post-395015","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-dallas","8":"tag-america","9":"tag-commercial-real-estate","10":"tag-dallas","11":"tag-real-estate","12":"tag-residential-real-estate","13":"tag-texas","14":"tag-tx","15":"tag-united-states","16":"tag-united-states-of-america","17":"tag-unitedstates","18":"tag-unitedstatesofamerica","19":"tag-us","20":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115588674720615546","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/395015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=395015"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/395015\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/395016"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=395015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=395015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=395015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}