75248 Home Values

A steady run of transactions carried through 75248 this quarter, with more than 150 closings recording — consistent with the pace of the past two periods — based on MLS data for 2026-07 closings in 75248. The typical sale closed in roughly three weeks, still ahead of the trailing annual average near a month, even as the concession rate climbed to nearly four in ten deals and average givebacks held near $9,500. Sellers received close to 98 cents on the dollar, little changed from last month, while about three in ten transactions closed under list — drifting back toward the year-long norm. Price per square foot settled near $263, roughly level with the 12-month baseline.

The forward pipeline in 75248 cooled this quarter: pending contracts fell to 46, down sharply from the pace maintained earlier this year, even as new listing activity also pulled back to roughly 210 units. Active inventory held flat at 231 homes, leaving months of supply near 4.4 — edging toward the four-month threshold that typically marks a shift in negotiating balance. With new listings still outrunning pending contracts by a wide margin, the imbalance points toward softer contract-signing momentum carrying into the back half of the year.

Buyers in 75248 extracted meaningful concessions across roughly one in three transactions this quarter, even as sellers held their ground on headline pricing — based on MLS data for 2026-06 closings in 75248. Price per square foot settled near $266, consistent with the prior month and well above the Dallas County median, while sellers received just over 97 cents on the dollar at close, a modest improvement from the trailing annual rate. The share of transactions closing below list — down to about one in four from nearly four in ten over the full year — suggests that while buyer leverage persists, its edge is narrowing. Median sale prices in the low $700s mark a notable step above the 12-month baseline, reflecting a stronger-performing subset of recent closings.

Active inventory in 75248 has expanded to 254 homes against 100 pending contracts — a supply-to-demand ratio that gives buyers more negotiating room than conditions a year ago afforded. Months of supply near five sits below Dallas County's six-plus, but the gap between listings added and contracts signed remains wide enough to sustain buyer optionality heading into the second half of the year. New listing activity at roughly 260 units over the period continues to outpace pending volume, a dynamic that, if sustained, would widen the standing inventory cushion further through Q3.

Homes in 75248 are closing in roughly three weeks — about ten days faster than the trailing annual pace — based on MLS data for 2026-05 closings in 75248. That compression in days on market translated into sellers capturing nearly 98 cents on the dollar at closing, with the concession rate retreating to about one in three transactions, down from the prior year's pace. Price per square foot held near $266, carrying a meaningful premium above the broader Dallas County baseline, while the annual appreciation signal remained modest at just over one percent — suggesting the market is repricing through velocity rather than headline price growth.

Active inventory in 75248 sits at 215 homes against 96 pending contracts, a ratio that signals meaningful demand absorption relative to supply. With months of supply near five — tighter than Dallas County's seven-plus — the pipeline points toward continued seller-favorable absorption heading into summer. New listing activity at 226 units over the period modestly outpaces the pending count, but the gap is narrow enough that any seasonal uptick in buyer demand could tighten conditions further.