75124 Home Values

Closings in 75124 took longer to reach the table this quarter, easing to roughly 70 days after dipping into the mid-50s the prior two months, though still faster than the 85-day trailing-year pace, based on MLS data for 2026-08 closings in 75124. Pricing firmed alongside the shift: price per square foot climbed to roughly $224, up from about $210 annually, while the typical sale reached near $428K, above the $352K trailing-year figure. Sellers gave back slightly more at the table, recovering close to 91 cents on the dollar versus 93 cents over the trailing year, with roughly two-thirds of sales closing below list. With just 15 closings this quarter, the limited sample tempers how far these signals should be read.

While active inventory in 75124 held steady near 93 listings, pending contracts told a different story this quarter — collapsing to just 4, the thinnest pipeline of recent months. New listings kept arriving at a familiar pace, with 45 entering the pipeline, keeping the gap between fresh supply and forward-moving contracts unusually wide. Months of supply crept only slightly higher, near 18, still far beyond the level that would favor sellers. The disconnect points to slower near-term absorption, extending the deceleration in deal velocity that also showed up at the closing table this quarter.

For a second consecutive quarter, buyers in 75124 gained ground at the closing table, based on MLS data for 2026-07 closings in 75124. More than half of transactions closed below list, up from roughly four in ten in June, while sellers gave back nearly seven cents on the dollar — closer to 93 cents than the 98 cents recovered a month earlier. Price per square foot eased to roughly $167, down from the $196 mark over the trailing year, even as the typical sale price held flat near $317K. Concessions touched about three in ten sales, and closings wrapped faster, near 56 days versus 86 across the trailing year — though with fewer than 15 sales, the sample stays thin.

Pending contracts in 75124 slipped to just two against 87 active listings this quarter, the thinnest pipeline of recent months even as new listings kept arriving at a solid pace — 48 fresh entries, only modestly below June's count. Months of supply held near 20, far beyond the level that typically favors sellers, reinforcing the buyer-leverage conditions building through the summer. With so few contracts advancing toward closing, near-term absorption looks likely to stay sluggish, extending the gap between listing volume and buyer follow-through that has now persisted across multiple reporting periods.

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.