Double Oak Home Values

While Denton County's trailing-quarter closings settled near $203 a square foot, Double Oak held its premium at roughly $280 — nearly 40% above the county benchmark. Based on MLS data for July 2026 closings in Double Oak, homes sold for a median near $968,000, essentially flat against the trailing-year figure, while sellers collected almost the full asking price at closing. The share of deals involving concessions eased to about one in three, down from nearly half over the trailing year, and the average giveback narrowed to roughly $9,300. Closings moved briskly, with a median of two weeks to close — well under Denton County's roughly month-long pace — across eighteen sales this quarter.

Zero pending contracts against 23 active listings set Double Oak apart from Denton County's broader pipeline this quarter, where roughly one in eight active listings carries a contract. New listings kept arriving at a brisker clip, adding 29 homes to the market despite the thin pending count. Months of supply held near three and a half — well below the county's near six-month reading — a tighter read that, paired with the pending-contract gap, points to a market being held rather than actively absorbed.

Homes in Double Oak moved to contract at a striking pace in the most recent quarter — the median days on market fell to roughly one week, less than half the annual average of about three weeks. Based on MLS data for June 2026 closings in Double Oak, the limited transaction set showed price per square foot reaching approximately $310, noticeably above the trailing-year baseline. With fewer than 15 closings in the window, these signals carry wide confidence intervals, but the directional pattern is consistent: sellers received essentially the full asking price, and the share of deals involving concessions fell to fewer than four in ten — well below the annual rate of roughly half.

Double Oak's pipeline tells a more cautious story. With only about five pending contracts against 20 active listings, the absorption pace is thin — a pending-to-active ratio well below Denton County's broader market, which carries roughly 2,300 pending contracts against more than 8,300 active listings. New listing activity added nearly 30 homes over the quarter, continuing to outpace pending formation by a wide margin. Months of supply at roughly four and a half remains below the county benchmark of about six, but the lean pending count suggests that reading could shift quickly if new listings continue to arrive faster than they are absorbed.

Per-square-foot values in Double Oak directionally suggest a mid-$300s per-sqft range in recent closings — roughly 60% above the broader Denton County benchmark near $199. Based on MLS data for May 2026 closings in Double Oak, the limited transaction set points toward sellers receiving nearly the full asking price, with concession participation dropping to fewer than half of deals compared to the more than half that included seller givebacks over the trailing year. The year-over-year price trajectory reflects a roughly 6% decline from the prior-year median, yet homes in this recent window typically closed within about two weeks, about one-third faster than the annual average.

Double Oak entered the spring window with roughly 20 active listings and only 7 pending contracts on record — a lean pipeline for a market that tracked approximately one full month below Denton County in months of supply. New listings are outpacing pending contract formation by a wide margin, which directionally suggests supply is building faster than it is being absorbed in the near term. Whether the pending count firms up over the coming weeks will likely determine whether the current months-of-supply reading stays below the county benchmark or begins to converge toward it.