Garland Home Values

Nearly 500 closings in the latest quarter give Garland's read on turnaround real weight, and the clock ran a touch slower: homes took about 30 days to reach closing, up from roughly 28 a month earlier, a small reversal in the speed gains seen over the summer. Based on MLS data for 2026-10 closings in Garland, price per square foot held near $183 while sellers still gave back roughly two and a half cents on the dollar. Concessions reached nearly six in ten sales and averaged a bit above $7,000, edging higher. The pattern points to a market where pace is easing at the margins while negotiating terms stay firmly tilted toward buyers.

Garland's pipeline thinned on both ends this quarter. New listings slipped to roughly 680 from about 730 a month earlier, and active inventory eased to around 895, but pending contracts stayed pinned near 85, so absorption has not caught up. Months of supply holding near five and a half remains tighter than Dallas County's roughly seven, yet the flat pending count against hundreds of active listings suggests the slower contract-to-close pace is likely to persist into late fall. A pullback in new supply is the one development that could tighten conditions locally before winter.

Garland's median sale price of roughly $314,000 continued to trail Dallas County's broader trailing-quarter figure by close to fifteen percent, with price per square foot landing near $183 versus the county's $201 — a gap that has held steady across recent months. Based on MLS data for 2026-09 closings in Garland, sellers still received nearly ninety-eight cents on the dollar, matching the county's rate almost exactly, even as concessions touched nearly six in ten Garland transactions against roughly half countywide, averaging roughly $7,000 apiece. Contract-to-close timelines ran about 28 days, a couple of days quicker than the county's 30-day average. The divergence suggests Garland's affordability gap persists even where negotiating outcomes have converged with the wider market.

Garland's pipeline remains a modest slice of Dallas County's inventory, but the local balance runs tighter: months of supply sit near five and a half versus roughly six and a half for the county, a gap persisting through summer. Pending contracts ticked up slightly to about 84 this quarter, still a fraction of the 300-plus level seen earlier in the year, even as new listings — a bit under 730 — kept flowing at a pace roughly proportional to the county's volume. Active inventory held near 924, leaving the still-thin pending count as the more notable signal heading into fall.

Closings in Garland climbed to roughly 525 over the trailing quarter, the fastest pace this market has posted since spring, and days on market shortened again to about 23 — the fourth straight monthly improvement in turnaround. Based on MLS data for 2026-08 closings in Garland, price per square foot held near $182 while sellers received close to ninety-eight cents on the dollar, both essentially matching last month's read. Concessions still touched nearly six in ten transactions, averaging roughly $6,800 — elevated well above Dallas County's rate near half — even as closings outran the pace of the past several quarters. The pattern points to a market where speed, not pricing power, is doing the moving this month.

Pending contracts in Garland fell sharply this quarter to roughly 75, a fraction of the nearly 800 new listings that hit the market over the same stretch — a widening gap that complicates the acceleration visible in closed sales. Months of supply ticked up to about five and a half, still tighter than Dallas County's six and a half but loosening from the prior read. Active inventory held near 950. Combined, the signals suggest the recent burst in closing speed may not carry forward once the current pending backlog works through.