Pilot Point Home Values

The pace of closings in Pilot Point extended further into the calendar this quarter, with homes that sold taking roughly 56 days to reach close — about four days longer than the trailing annual median. Based on MLS data for June 2026 closings in Pilot Point, price per square foot held near $162, a modest step back from the $164 annual average and well below the Denton County benchmark. Sellers continued to give back meaningful ground at the table: more than three in four transactions closed below list, with the typical concession running above $10,000. The annual price trend remains down roughly ten percent year over year, a signal that the market is still working through the price discovery cycle that began in 2025.

The pending-to-active ratio in Pilot Point has compressed sharply — fewer than one in six listed homes carries an accepted contract, pointing to a market where new supply is accumulating faster than buyers are committing. New listing volume over the trailing quarter ran well ahead of the closing pace, and months of supply near six and a half months indicates no near-term tightening. DOM direction — lengthening rather than contracting — reinforces that absorption has not found a floor. These pipeline signals suggest velocity is unlikely to recover without a material shift in either new listing flow or buyer engagement.

Price per square foot in Pilot Point came in roughly $40 below the Denton County median in the most recent three-month window — a spread that stands out even accounting for Pilot Point's position at the county's northern edge. Based on MLS data for May 2026 closings in Pilot Point, sellers gave back nearly seven cents on the dollar at close, with more than three in four transactions closing below list. The annual price trend has moved meaningfully lower over the past year. Concession activity remains elevated compared to the county as a whole, with the typical concession running above $10,000.

Active inventory in Pilot Point is running at a level that supports roughly seven months of supply at the current absorption pace — modestly above the county's roughly equivalent supply position. The pending-to-active ratio signals a market where demand is absorbing new listings at a measured pace rather than quickly. New listing volume over the trailing quarter has been substantial relative to closings, maintaining steady supply pressure. These pipeline conditions align with the buyer leverage evident in the closed-sale record and show little sign of tightening near term.