75124 Home Values

The pace of closed transactions in 75124 remains subdued — with fewer than a dozen closings in the latest quarter, velocity signals carry meaningful uncertainty, based on MLS data for 2026-06 closings in 75124. That said, homes that did reach the finish line moved in roughly 83 days on average, a modest improvement over the trailing full-year pace near 94 days. Sellers recovered close to 98 cents on the dollar at closing, meaningfully better than the annual average of about 93 cents, and the share of transactions closing below list eased to about four in ten — down from more than half over the past year. No transactions closed above asking this quarter.

New listing activity in 75124 stepped up this quarter — roughly 51 homes entered the pipeline, compared to approximately 46 the prior month — yet only four contracts are currently pending against 84 active listings. The divergence between new supply arriving and buyer contract activity signals that absorption velocity has not recovered alongside listing pace. With months of supply holding near 21, far above the level that would indicate balanced conditions, the pipeline continues to widen rather than tighten heading into summer.

Price per square foot in 75124 fell sharply over the most recent quarter — landing near $133 — a steep retreat from the $208 figure that characterized the trailing full year, based on MLS data for 2026-05 closings in 75124. With fewer than a dozen closings this quarter, these price signals carry wide confidence intervals, but the directional shift is notable: median sale prices dipped to roughly $274K from the annual median near $295K. Sellers did recover slightly at the closing table, with the list-to-sale ratio ticking up toward 99 cents on the dollar — an improvement over the annual average — while about a third of transactions still included concessions.

With fewer than five contracts currently pending against 79 active listings, the supply-demand imbalance in 75124 is pronounced — months of supply sits near 21, far beyond the threshold that historically favors buyers. New listing activity added roughly 46 homes to the pipeline this quarter, but absorption has not kept pace. The thin pending count suggests deal velocity has slowed considerably, and without a meaningful uptick in buyer activity, the inventory overhang is likely to persist into the coming months.