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Dallas Luxury Market Report - April 2026

Park Cities anchored the spring market with a 50% MoM new-listings surge and median price up 7.1% YoY, while Preston Hollow days on market lengthened to a report-leading 61 days, Lakewood inventory built across 75206 and 75214, and the Urban Core kept expanding supply with 298 active listings in 75219 - distinctly different conditions across Dallas's luxury corridors.

• • Park Cities (75205) held a median list price of $2,686,000 (+7.1% YoY) with $/SqFt up 12.2% YoY to $849; new listings surged 50% MoM even as active inventory stayed 14.3% below last year.
• • 75220 days on market extended to 61 (+42.4% MoM, +40.7% YoY) - the longest in the report - and its Buyer Demand Index of 36.3 is the weakest among the Preston Hollow corridor.
• • 75230 posted a 105.4% YoY median list price jump to $1,324,999, driven primarily by a compositional shift in active listings rather than uniform appreciation; price per square foot is up 16.4% YoY to $372.
• • 75219 carries the deepest active inventory in the report (298 listings, +14.0% YoY) with the lowest Buyer Demand Index (33.5) - the most buyer-favorable ZIP this month.
• • 75208 new listings fell 32.4% MoM and 23.3% YoY to 46 - a sharp Oak Cliff supply contraction that may begin to compress the active pool in coming months.

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