Celeste Home Values

Closed sales in Celeste picked up pace at the transaction level even as fewer changed hands: the median close finished at roughly $215 per square foot, a slight step up from last quarter, based on MLS data for 2026-09 closings in Celeste. Thirty homes closed this quarter, down from thirty-two in August, while the median sale price climbed to nearly $366,000 — a notable jump from the roughly $336,000 mark reported last month. Homes that closed moved briskly, spending under seven weeks on the market on average. Sellers continued recovering the bulk of asking, giving back roughly four cents on the dollar, with concessions touching a bit over four in ten deals.

Celeste's pipeline showed a third consecutive month of eroding pending activity — from ten contracts in July, to five in August, to just three now — even as new listing volume also eased into the low 40s. Active inventory held essentially flat near 102 properties, keeping months of supply little changed at just over ten. With incoming supply and outgoing contracts both slowing in tandem, the pipeline's stall reads less like a demand collapse than a broader pause across the funnel heading into autumn.

Price per square foot in Celeste closed the quarter near $214, a premium over Hunt County's broader median of roughly $162 that has widened to about 32% — up from the 28% gap measured back in the spring, based on MLS data for 2026-08 closings in Celeste. The median sale price followed a similar path, settling near $336,000, well above the county's roughly $276,000 benchmark. Sellers in Celeste gave back just three cents on the dollar at closing, a tighter recovery gap than the county's broader average, while concessions touched under four in ten deals, notably fewer than the roughly half of county closings that involved give-backs. Thirty-two homes closed this quarter.

Celeste's pipeline eased below Hunt County's broader trailing-quarter reading for the first time in recent months, with months of supply near ten versus the county's roughly eleven and a half — even as pending contracts here fell to just five homes under agreement, down sharply from the prior month. New listings held near four dozen, keeping active inventory close to steady at around 111 properties. The narrower supply gap suggests Celeste's absorption pace, while still buyer-favorable overall, is closing in on the county average rather than trailing further behind it.

A surge in closings gave Celeste's numbers new weight this quarter — 31 sales, up from around two dozen the month prior — while the pace behind them quickened too: homes that closed spent a median of about ten weeks on the market, down from 80 days over the trailing year, based on MLS data for 2026-07 closings in Celeste. The median sale price climbed to roughly $348,000, a double-digit jump from last month, with price per square foot edging up to around $211. Sellers kept recovering nearly all of asking, and concessions still touched just under four in ten deals — a moderate sample that points directionally toward continued, if uneven, seller footing.

Beneath the closing-quarter numbers, Celeste's pipeline told a more cautious story. Pending contracts fell to just 10 homes under agreement, down sharply from roughly 17 last month, even as new listings held near five dozen and active inventory stayed close to 104 properties. Months of supply eased modestly to around ten, still well above levels associated with seller-favorable conditions and roughly in line with Hunt County's broader trailing-quarter reading. Directionally, the pullback in pending activity — without a matching drop in supply — suggests the recent burst of closings may not carry the same momentum into the next reporting period.