75002 Home Values

A surge of closings — 241 in the trailing quarter — puts more weight behind price signals in 75002 than in recent months, based on MLS data for July 2026 closings in 75002. Price per square foot held essentially flat at $216, a modest premium over the year-ago pace near $215. Sellers continued to close deals quickly, with the typical sale wrapping in about three weeks, matching last month's tightened pace. List-price attainment ticked up to roughly 98 cents on the dollar, and while just over half of transactions still involved a concession, that share edged higher rather than easing. The year-over-year price trend remains modestly negative, though the gap has held steady rather than widening.

Pending contracts in 75002 fell sharply this quarter, dropping to roughly 70 after running near 130 in the prior period — even as active inventory held steady near 400 homes for a second straight month. That combination is unusual for a market where homes have continued moving quickly once under contract, and it suggests near-term momentum may not keep pace with recent turnover speed. Months of supply eased slightly further to about five, keeping conditions on the tighter side of balanced. New listing activity stayed elevated, keeping active inventory from drawing down despite the softer pace of contract signings.

While Collin County's trailing-quarter closings averaged nearly six weeks on market, homes in 75002 closed in roughly three weeks — a pace nearly 40 percent faster than the county benchmark, based on MLS data for June 2026 closings in 75002. Price per square foot landed at $215, a meaningful premium over the county's $201. Sellers in 75002 also held firmer at the table: list-price attainment came in near 98 cents on the dollar — well above the county's 97 cents — and the concession rate, while still elevated at more than half of transactions, ran noticeably below Collin County's nearly two-thirds. The ZIP's year-over-year price trend remains modestly negative, but the gap with the county average has narrowed.

Supply dynamics in 75002 diverged from Collin County's broader picture heading into summer. Active listings climbed to roughly 400 homes — a 26 percent rise from last quarter's count — while pending contracts slipped to about 130, compressing the absorption rate. Months of supply eased to about five and a half, slightly tighter than the county's six-plus months, suggesting 75002 retains a marginal supply edge over surrounding submarkets even as inventory expands. New listing arrivals tracked at a pace roughly double the prior quarter, keeping the pipeline well-stocked.

Days on market in 75002 have stretched to roughly six weeks at close — up sharply from the annual pace of about a month — signaling a notable deceleration in deal velocity, based on MLS data for May 2026 closings in 75002. Price per square foot settled near $212, modestly below the trailing-year average. Sellers received about 96.6 cents on the dollar at closing, and more than half of buyers negotiated prices below list — a meaningful shift from the prior year's rate. Concession activity also climbed, with nearly half of transactions involving seller concessions averaging just over $9,000.

The pipeline in 75002 reflects the same deceleration visible in closings. With roughly 190 new listings arriving against only 137 pending contracts in the trailing quarter, supply continues to outpace absorption. Active inventory sits at 313 homes and months of supply has extended to about six and a half months — well into buyer-favoring territory. Unless pending activity accelerates meaningfully, the widening gap between new listings and contract activity suggests market pace in 75002 is unlikely to tighten in the near term.