Mid-Year 2026 Dallas Luxury Condo Market Report: More Choices, Greater Leverage, and Exceptional Buying Opportunities
The Dallas luxury condominium market has entered a more balanced phase in 2026, creating one of the best buying opportunities we’ve seen in several years. While sales activity has moderated, pricing has remained relatively stable across Dallas’ premier high-rise communities, giving buyers more inventory, additional negotiating power, and the luxury of making thoughtful decisions.
This report analyzes market activity in 20 of Dallas’ premier luxury condominium buildings, including Turtle Creek, Uptown, the Arts District, and Victory Park, with a minimum sales price of $500,000.
By the Numbers
Current Inventory (July 2026)
59 Active Listings
Average List Price: $2.04 Million
Average List Price: $717 per Square Foot
Average Days on Market: 110 Days
With nearly 60 luxury condominiums currently available, buyers have significantly more options than they’ve enjoyed during the fast-moving markets of recent years.
Market Snapshot
Comparing the first six months of 2025 to the first half of 2026:
Closed sales declined 22%
Average sales price decreased just 6%
Average price per square foot slipped only 2%
Sellers continued receiving 95% of their asking price
Average marketing time increased from 93 to 107 days
While transaction volume has slowed, pricing has remained remarkably resilient. This reflects a market that has shifted from rapid appreciation toward greater balance rather than one experiencing significant price correction.
Three Luxury Markets Tell Three Different Stories
One of the most interesting trends emerging in 2026 is that each price segment is behaving differently.
$500,000 to $1 Million: Limited Inventory Driving Competition
Sales in this segment declined nearly 50%, yet properties that are properly priced continue to attract buyers quickly.
Average days on market fell from 140 days to just 46 days.
Sellers received an average of 98% of their asking price.
Price per square foot increased 17%.
These statistics suggest that well-priced entry-level luxury condominiums remain highly desirable and continue to experience strong buyer demand.
$1 Million to $2 Million: Buyers Hold the Advantage
This price range represents perhaps the greatest opportunity in today’s market.
Sales actually increased 31% compared with last year, yet buyers gained considerably more negotiating power.
Average marketing time more than doubled to 125 days.
Sale-to-list price declined from 97% to 94%.
Average pricing remained relatively stable.
For buyers seeking premium residences in Turtle Creek, Uptown, or the Arts District, this segment currently offers the broadest selection and the strongest negotiating position.
$2 Million and Above: Luxury Values Continue to Hold
The ultra-luxury market remains remarkably resilient.
Although the number of sales declined 43%, the average sales price actually increased 5% to nearly $3.6 million.
Properties are taking longer to sell, but qualified buyers continue to recognize the long-term value of Dallas’ premier residences.
This segment demonstrates that while luxury buyers are taking more time to make purchasing decisions, demand for exceptional properties remains healthy.
What This Means for Buyers
Today’s buyers are benefiting from a market that offers:
More available inventory.
Less competition.
Greater negotiating flexibility.
Stable long-term pricing.
Additional time to evaluate multiple properties before making a decision.
These conditions are creating opportunities that have been difficult to find over the past several years.
Looking Ahead
Dallas continues to benefit from strong population growth, corporate relocations, and an expanding base of affluent professionals. These long-term economic fundamentals continue to support demand for luxury condominiums in Turtle Creek, Uptown, Victory Park, and the Dallas Arts District.
While higher inventory and longer marketing times have shifted negotiating power toward buyers, pricing has remained surprisingly stable—particularly in the luxury and ultra-luxury segments.
For buyers considering a move into one of Dallas’ premier high-rise communities, the second half of 2026 offers an exceptional combination of selection, negotiating leverage, and long-term value.