Granbury Home Values

While Hood County recorded roughly six hundred home sales this quarter, Granbury alone accounted for the vast majority of them, underscoring how much of the county's closing volume runs through this single city. Based on MLS data for 2026-07 closings in Granbury, per-square-foot values landed almost exactly at the countywide benchmark, tracking the broader Hood County market rather than diverging from it. Homes here went under contract a few days faster than the county norm, extending a pattern of relatively brisk turnover. Sellers collected slightly more of asking price than their county counterparts, even as concession activity ran a touch above the countywide share of closings, though the average concession pulled back from the level reported last quarter.

Across Hood County's broader pipeline, Granbury's active listings and pending contracts each accounted for the large majority of the countywide totals this quarter. Months of supply came in exactly level with the county figure, suggesting Granbury's supply-demand balance is moving in step with its surroundings rather than diverging on its own. That parity held even as pending contracts pulled back sharply from the prior quarter's pace, a shift that mirrors softening at the county level rather than a Granbury-specific slowdown. New listings held to a similar share of the county total as well.

The pace of closings in Granbury accelerated this quarter. Based on MLS data for the trailing three months of 2026-06 closings in Granbury, median time from list to close compressed to roughly 59 days — down from approximately 70 days reported in the prior period, the sharpest single-quarter improvement in recent months. Per-square-foot values recovered to around $188, reversing the softness that had pulled that figure to roughly $182 earlier this year. Sellers continued to give back about three and a half cents on the dollar at closing, and concession activity ticked modestly higher, with nearly four in ten transactions carrying seller-paid costs averaging near $8,100. Just under half of all closings settled below asking.

The pipeline entering summer tells a more compressed story. Pending contracts in Granbury totaled around 266 — down from roughly 320 the prior period — even as active inventory held near 1,500 homes and new listings continued arriving at nearly 880 over the quarter. Months of supply pulled back to under ten from above eleven, a directional improvement that nonetheless leaves supply conditions well above the balanced-market threshold. The ratio of pending to active homes remains well below one in three, suggesting demand is firming incrementally but has not yet absorbed the supply overhang.

Granbury's per-square-foot valuation has slipped to roughly $182 in recent closings, down from $188 across the trailing twelve months, a compression that points to accelerating softness entering 2026. Based on MLS data for April 2026 closings in Granbury, homes took approximately 70 days from list to close — about 11 days longer than the city's own annual pace. Sellers received roughly 96 cents on the dollar on average, with just over half of transactions closing below asking. Concession activity edged higher too, with about 37% of closings carrying seller-paid costs that averaged near $7,700.

Forward-looking indicators in Granbury suggest demand remains constrained relative to available supply. Active inventory held steady at roughly 1,500 homes, while pending contracts totaled around 320 — an absorption rate that implies less than a quarter of available homes are moving toward closing at any given point. With over 880 new listings entering the market over the same window and months of supply pushing past 11, pipeline conditions continue to reflect meaningful buyer-side leverage.