75220 Home Values

Sellers in 75220 wrote markedly smaller concession checks this quarter, based on MLS data for 2026-09 closings in 75220: the average concession fell to roughly $9,700, down sharply from about $34,000 the prior quarter and extending a decline that has been building since spring. Price per square foot eased to around $382, off its recent high near $408, while the median sale price landed near $1.03 million on a moderate sample of 68 transactions. Homes still took slightly longer to sell, edging past six weeks on market, and roughly four in ten closings came in below list -- nearly identical to last quarter's share. Sellers appear to be conceding less even as more transactions settle under asking.

Pending contracts in 75220 thinned further this quarter, falling to just 10 and extending a multi-month decline in signed contracts even as active listings held near 155. Months of supply ticked back up to roughly seven, converging with Dallas County's own benchmark near six and a half. New listing activity also cooled to about 111 for the quarter. The stalled pipeline complicates the seller-leverage picture: smaller concession checks are showing up in closed transactions, but a shrinking pool of buyers signing contracts offers little room for that trend to firm up further.

Price per square foot in 75220 climbed to roughly $408 this quarter, its highest mark in recent months and a break from the flat $380-to-$385 range that held through spring and summer. Based on MLS data for 2026-08 closings in 75220, homes also sold markedly faster — about 41 days on market, down from the mid-50s recorded last month. The median sale price pulled back to roughly $1.3 million, reflecting a shift in the closing mix rather than a broad repricing. Sellers gave back less at the table too: concessions averaged near $34,000, down from over $40,000 last month, though roughly three in eight homes still closed below list on a moderate sample of about 72 transactions.

Months of supply in 75220 eased to roughly six months, closing in on Dallas County's own benchmark near six and a half — a narrower gap than earlier this year. Active listings held essentially flat near 153, but pending contracts thinned to just a dozen, continuing a decline that began last month. New listing activity also slowed slightly. Together the trend suggests the supply cushion that has favored buyers in 75220 is compressing, even as contract signings remain sluggish heading into fall.

Homes in 75220 took noticeably longer to sell this quarter, with days on market climbing to roughly 54 -- about two weeks longer than June and now more than double Dallas County's typical 26-day pace. Based on MLS data for 2026-07 closings in 75220, price per square foot held steady near $380, little changed from recent months, while the median sale price landed near $1.44 million on a modest sample of roughly 60 transactions. Sellers gave up more ground at the table: nearly four in ten homes sold below list, up from about three in ten in June, with concessions averaging around $41,000. The limited sample directionally points toward easing urgency among sellers.

The pipeline data reinforces that slowdown. Pending contracts in 75220 fell to just 18, roughly half last month's count, even as new listings kept arriving at nearly seven times that pace. Active inventory held near 161, keeping months of supply around eight -- still well above Dallas County's roughly six months. The widening gap between new supply and signed contracts suggests the recent stretch in time-to-sale is more than a one-month blip heading into fall.