• Menu
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

NewHomeSource

  • Learning Center
  • Just For You
    • First Time Home Buyers
    • 55 Plus
    • International Buyers
    • For The Military
    • Single Women
  • Home Types
    • Custom Homes
    • Condos & Townhomes
    • Luxury Homes
    • Tiny Houses
    • Manufactured Homes
  • Resources
    • Home Buying Tools
    • Mortgage Calculator
    • Home Affordability Calculator
    • Trustbuilder Ratings & Reviews
  • Learning Center
  • Just For You
    • First Time Home Buyers
    • 55 Plus
    • International Buyers
    • For The Military
    • Single Women
  • Home Types
    • Custom Homes
    • Condos & Townhomes
    • Luxury Homes
    • Tiny Houses
    • Manufactured Homes
  • Resources
    • Home Buying Tools
    • Mortgage Calculator
    • Home Affordability Calculator
    • Trustbuilder Ratings & Reviews
Home ยป City Guide ยป When Should You Buy a New Home in Dallas?

When Should You Buy a New Home in Dallas?

An aerial shot of downtown Dallas.

If you have decided you want to quit renting to buy a new home in Dallas or want to invest in your dream home, you need to know whenโ€™s the best time to buy a new home in Dallas.

The price of new homes changes throughout the year, with things like seasonality, local home inventory, labor and materials costs, and personal factors impacting the cost. When the right time to buy a new home in Dallas is a little different for every shopper.

Seasonal Savings

Traditional homebuying wisdom tells new home shoppers to seriously look for homes and place offers in the spring and summer since that itโ€™s a way to get the building process started without having to disrupt kidsโ€™ school schedules. During the spring, home shoppers have an open market, with plenty of options to look through and choose from. But, if shopping for a used home, the increased number of homes for sale and the increased number of other home shoppers leads to increased prices because the seller has the most negotiating power.

A NerdWallet study of home prices found that seasonality has a major impact on the price of new homes for sale in Dallas. This study found that January was the best time to buy a home in Dallas, as seasonal factors caused the price of homes to fluctuate almost 10 present over the course of a year. By buying offseason, average home shoppers in Dallas saved $20,000. And, when you buy a new home, you donโ€™t have to worry about competing with other buyers for the same home and you donโ€™t have to go over the asking price to stay competitive.

Local Inventory

Seeing the price of a new home drop by almost 10 percent makes shopping for a new home in the winter very attractive, but seasonal savings are not the only factors to determine the best time to buy a home in Dallas. Before you head out into the cold to look at model homes, you need to get a better understanding of the local inventory of new homes.

Once you find an area you like, you need to watch how quickly homes in the neighborhoods get sold and how many new home communities open new sections. Keeping a close watch of local inventory lets you determine if a location is getting inflated of if sellers are trying to move homes that are having a hard time getting sold.

Once you determine a location and builder youโ€™d like to work with, itโ€™s important to understand your finances so youโ€™ll know if itโ€™s the right time to buy for you. Every situation is different and you want to ensure that you will have a down payment, money for closing costs, monthly mortgage payments, HOA fees if applicable, and enough to purchase everyday items. If you can comfortably afford everything, then it might be the right time for you to buy a home in Dallas.

Buying a new home is one of the most expensive things a family can buy. Taking the time to do some research about the best time to buy a new home in Dallas can save you tens of thousands of dollars off the initial price of a home.

Be sure to check out our guide if you are moving to Dallas from outside the area.

Other Dallas Area Resources

The Top 10 Most Affordable Cities in Texas
Popular Master Planned Communities Around Dallas
Best Container Home Builders in Dallas-Fort Worth
Best Tiny Home Builders in Dallas-Fort Worth
Best Suburbs of Dallas, Texas
Top 10 Safest Large Cities in Texas
Top Retirement Communities in Dallas
Top 5 Master-Planned Communities in Dallas
Moving To Dallas? Hereโ€™s Your Relocation Guide
Sanda Brown

After graduating in 2016 from The University of Texas with a degree in English, Sanda Brown became a content writer for the BDX with a focus on website copy and content marketing.

At the BDX, Sanda helps write and edit articles on NewHomeSource.com, writes website copy for builders, and manages a team of freelancers that work on additional content needs.

Get our FREE guide on how the home construction process works

By downloading our guide, you can also look forward to receiving our New Home 101 short email series. You may opt out of this subscription any time you wish.

Previous Post: «open room Getting the Most Out of an Open Floor Plan
Next Post: Bringing Industrial Style to Your New Home industrial style»

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Search new homes

New Home 101

  • The Basics of Newly Built Homes
  • Why Buy a Newly Built Home
  • Shopping for Your New Home
  • Building Your New Home
  • Designing Your Dream Home
  • Buying Your New Home
  • Moving Into Your New Home
  • New Home Glossary

Footer

Quick Links

  • 55+ Communities
  • Condos & Townhomes
  • Custom Home Buyers
  • First-Time Buyers
  • Luxury Homes
  • Manufactured Homes

Related Sites & Resources

  • Learning Center
  • CasasNuevasAqui.com
  • HomLuv.com
  • Real Estate Professionals
  • NewHomeSource App
  • Trust Builder Ratings & Reviews

Helpful Links

  • About Us
  • Contact Us
  • Builders: List your homes!
  • Unsubscribe
  • Terms of Use
  • Privacy & Cookies
  • Do Not Sell My Personal Information

Copyright © 2022 ยท Builders Digital Experience, LLC. All rights reserved. NewHomeSource.com is a trademark of Builders Digital Experience, LLC and all other marks are either trademarks or registered trademarks of their respective owners.