Published October 22, 2026 in Market Update

Preston Hollow Has 28.8 Months of Homes for Sale Right Now

By Chris Avary

Real estate, 75230 Preston Hollow

Which side of this market do you want to be on? I pulled every listing in Preston Hollow 75230 through October 13, 2026, and the number that stopped me was 28.8.

Buyer's market or seller's market: which would you choose to be in?

There is a simple line most agents use. Under 4 months of homes for sale favors sellers. Over 6 months favors buyers. Preston Hollow is sitting at 28.8 months.

That number comes from two things. Right now there are 125 homes for sale. In the last 90 days, 13 sold. That works out to about 4.3 sales a month. At that pace, it would take nearly two and a half years to clear what is on the market today.

Buyers in Preston Hollow have more choice, more time, and more room to negotiate than the numbers have shown in years. The typical home that did sell closed at exactly 100% of its last asking price, so sellers who priced right still got what they asked. But the key word is priced right.

Not one of the 13 homes that sold gave up and came off the market without a sale. That tells you something. The homes that found a buyer were the ones that earned it. The other 125 are still waiting.

What this means if you are the one deciding

If you are selling, the one thing this data says clearly is that price is doing all the work. The homes that sold got 100% of their last asking price. The 125 still sitting have not gotten there yet. Coming in too high and waiting to drop later costs you time in a market where buyers are not in a rush. There are 125 reasons for a buyer to keep looking.

If you are buying, the math is on your side in a way it rarely is at this price level. You have 125 homes to look at and a seller who knows the competition. The 30-year fixed-rate mortgage averaged 7.40% as of October 15, 2026, according to Freddie Mac's Primary Mortgage Market Survey, up from 6.27% a year ago. That rate matters, but so does the fact that Dallas home prices posted a year-over-year decline of 1.5% in September 2026, the second-largest drop among major metros tracked, according to Redfin (October 20, 2026). A buyer who finds the right home and negotiates well is working in a rare window.