In February 2025, the Texas real estate market displayed notable regional variations. While many areas experienced declining home prices due to increased inventory, the McAllen region stood out with stable or rising prices. This divergence highlights the complex dynamics within the state’s housing market. Notably, the overall high inventory levels suggest a cooling period; however, recent trends indicate a potential market rebound. Over the past 30 days, homes have been selling more rapidly, and the number of closings has increased, suggesting that prices may have reached their lowest point. Additionally, mortgage rates have been gradually decreasing and are now in the 5% range, offering more favorable conditions for buyers and potentially stimulating further market activity.

Sellers should take note: the market is ripe for success with the right approach. By employing strategic marketing and setting competitive, well-researched list prices, you can maximize your property’s potential. Our team is here to help you navigate the process, offering expert advice and personalized market insights tailored to your unique needs. Let’s work together to achieve your goals—reach out today and make your next move a success!

Our monthly market update features all the information you need about local real estate trends from February. Check it out!