75701 Home Values

Concessions grew scarcer at the closing table in 75701 this quarter: only about one in eight sales included seller help, down from roughly one in five a month earlier, though the average package grew to nearly $7,000. Sellers still gave back about five cents on the dollar relative to asking, and more than a third of homes closed below list while none cleared above it. Price per square foot held near $150 and the median sale price edged up to roughly $239,000, modest movement against a year-over-year retreat of more than one-fifth. Based on MLS data for 2026-10 closings in 75701, the sample of about 16 sales keeps these signals directional rather than definitive.

Pending contracts in 75701 remain stuck at just two homes, unchanged from a month earlier, while active inventory edged up to about 60. Standing supply now stretches past eleven months, more than double the level that typically marks balance. New listings arrived at roughly nine a month, still outpacing contracts being signed, and the homes that do move are closing out in about three and a half weeks. That quicker pace has not been matched by a pipeline rebuild, leaving the supply overhang intact heading into the fall.

Homes that closed in 75701 this quarter reached the table in about 22 days, roughly half the 45-day pace logged over the trailing year — one of the sharper velocity swings the zip code has posted in months. Price per square foot held near $145, a modest step down from the annual figure, while the median sale price eased to roughly $236,000, continuing a year-over-year retreat of more than one-fifth. Sellers realized under 96 cents on the dollar at closing, and concessions turned up in a little over one in five sales, both slightly tighter than the annual norm. Based on MLS data for 2026-09 closings in 75701, the roughly 18-sale sample keeps the faster pace directional rather than conclusive.

The speed picking up at the closing table hasn't reached the front of the pipeline in 75701. Pending contracts thinned to just two homes this quarter, down sharply from the mid-30s pace logged over the trailing year, even as roughly 59 homes sit active — standing supply near ten months, more than double what typically signals balance. New listings arrived at about ten a month, keeping fresh supply coming in faster than contracts are forming, and the gap between listings and pending activity continues to widen even as the homes that do close move through faster once they get there.

The negotiation gap in 75701 narrowed at the closing table this quarter — roughly one in six sales closed below asking, half the share seen in June, while sellers gave back just over three cents on the dollar on average, a bit more ground than June's near-full asking realization. Price per square foot held essentially flat near $151, and the median sale price ticked up to roughly $243,000, modest moves set against a year-over-year retreat exceeding 20 percent. Based on MLS data for 2026-07 closings in 75701, the roughly 18-sale sample keeps these signals directional rather than definitive, but the tightening below-list share suggests sellers are regaining some footing even as the broader price correction continues.

Even as sellers gained ground at the table, the standing pipeline in 75701 still tilts toward buyers: active inventory climbed to 58 homes against just five pending contracts, and months of supply held near ten — more than double the level that typically marks balance. New listings kept arriving at a similar clip to June, near a dozen a month, doing little to close the gap. Homes under contract are moving noticeably faster once they get there, but with so few actually converting, that quickened pace hasn't yet reshaped the broader supply overhang.