Garland Home Values

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.

While Dallas County’s trailing quarter median settled near $379K, Garland closed considerably below that mark, with price per square foot landing around $181 — roughly twelve percent under the county figure. Based on MLS data for 2026-07 closings in Garland, sellers nonetheless received close to ninety-eight cents on the dollar, edging out the county average, even as concessions appeared in nearly six in ten transactions here versus about half countywide, averaging roughly $6,500 apiece. Homes cleared contract in about 24 days. The pattern points to a persistent valuation gap against Dallas County even as Garland sellers concede more often but give up less at the table than the broader county.

Garland’s pipeline mirrors its roughly eight percent share of Dallas County’s overall active and pending inventory, but the local supply cushion runs tighter — about five months on hand versus roughly six and a half countywide. New listing flow has kept pace with pending contracts at a ratio similar to the county’s, suggesting Garland isn’t falling behind the broader market’s absorption pace, even as its inventory position stays comparatively lean heading into late summer.

The negotiation gap between contract and close in Garland tightened noticeably this quarter, with homes taking roughly 28 days to move from list to close — down from about 34 days in the prior period. Based on MLS data for 2026-06 closings in Garland, price per square foot held steady at around $182, while sellers received slightly better than ninety-seven cents on the dollar, a modest improvement from recent months. Still, more than half of all transactions carried seller concessions averaging near $6,800, and the share of homes selling above list remained below two percent — a signal that velocity is recovering faster than pricing power.

Supply conditions in Garland shifted meaningfully toward tighter territory this quarter, with months of supply pulling back to around five — well below the six-plus months recorded in the prior period and below the Dallas County benchmark of roughly six and a half months. Active listings held near 888, while new listing flow of approximately 840 homes over the quarter outpaced the roughly 320 pending contracts currently in the pipeline, suggesting absorption has not yet caught up to the velocity improvement visible in closed-sale data.