75020 Home Values

Sellers in 75020 kept giving ground at the negotiating table this quarter, based on MLS data for August 2026 closings in 75020. The average concession climbed to nearly $10,900, well above the roughly $8,800 trailing-year norm, and concessions touched just under half of closings. Sellers collected about 94 cents on the dollar at closing, with none closing above list. That shift in leverage held even as volume stayed strong near 120 closings, with the typical sale wrapping up in about 53 days — faster than the trailing-year pace. Price per square foot held flat near $159, even as the median sale price ran higher than recent months — a signal that pricier homes, not broader appreciation, drove the quarter.

Pending contracts in 75020 fell to just 12 against nearly 500 active listings, one of the thinnest pending-to-active ratios of the past year and well below Grayson County's own conversion pace. Months of supply eased slightly to about twelve and a half, down from over fifteen across the trailing year, even as new listings kept arriving at a brisk clip. That combination complicates the broader leverage shift already underway, with the shrinking pool of contracts advancing toward closing suggesting buyers aren't fully capitalizing on the room being created, leaving absorption sluggish heading into fall.

For the second consecutive month, closing times in 75020 have shortened: homes sold in roughly 61 days last quarter, down from about 65 the month before and nearly 90 two months earlier, based on MLS data for July 2026 closings in 75020. That faster pace hasn't translated into firmer pricing — price per square foot held near $156, modestly softer than the trailing-year average, while the median sale settled around $235K, essentially flat over the past year. Sellers kept giving ground at the table: concessions appeared in nearly half of closings, up from roughly four in ten last quarter, and not one transaction closed above list price.

Pending contracts in 75020 fell sharply to roughly two dozen against more than 500 active listings — one of the thinnest pending-to-active ratios of the past year, and lower than Grayson County's broader conversion rate. New listings kept entering the pipeline at a brisk pace, roughly 280 over the quarter, keeping months of supply near 13, well above the threshold that would favor sellers. The imbalance signals absorption slowed even as the market's closing pace quickened, pointing to softer near-term momentum than closed-sale data alone suggests.

The average concession amount in 75020 jumped to roughly $11,300 last quarter — up more than a third from the prior period's average — while the share of closings that included seller concessions climbed to nearly four in ten. Sellers received just over 92 cents on the dollar at closing, and not a single tracked transaction closed above list price, based on MLS data for June 2026 closings in 75020. Price per square foot held near $160, with the median sale running just under $240K. Homes that closed came off the market in about 65 days, several days faster than the trailing-year pace, though the concession data suggests sellers absorbed that velocity at the negotiating table rather than through asking-price reductions alone.

Active supply in 75020 held near 490 homes while pending contracts declined to roughly 60 — the lowest pending-to-active ratio in recent months — leaving absorption pressure elevated heading into summer. Months of supply remained above 14, well above the buyer-seller equilibrium threshold, and new listings continued entering the pipeline at roughly 280 over the quarter. The widening gap between active and pending inventory signals that buyers in 75020 retain meaningful negotiating room, with little near-term indication of supply tightening.