Scurry Home Values

Homes that closed in Scurry during the latest quarter sat on the market for nearly four months before finding a buyer — based on MLS data for 2026-06 closings in Scurry — roughly double the pace recorded across the trailing year. Price per square foot held at roughly $236, about 15 percent above the annual baseline of $205, while the median sale price reached approximately $390,000. With only 20 closings in the sample, directional confidence is moderate, but the extended absorption time points to a market where buyers are taking their time. Sellers in roughly a third of transactions accepted a price below list, and no closed sale came in above asking in the recent quarter.

The pipeline signals an abrupt deceleration in buyer commitment: pending contracts in Scurry fell to just 10 — a sharp retreat from the 45 under agreement in the trailing year — even as active inventory held steady at 57 homes. New listing volume of roughly 35 properties over the quarter outpaced contracts at a wide ratio, extending months of supply to roughly nine. The supply-demand imbalance at the pipeline level suggests that whatever momentum existed earlier in the cycle has not carried into mid-year.

The gap between list and sale prices in Scurry widened meaningfully in the most recent quarter, with sellers receiving roughly seven cents less per dollar of asking price than the trailing-year average — based on MLS data for 2026-05 closings in Scurry. Price per square foot climbed to roughly $236, notably above the Kaufman County benchmark of about $154, yet homes spent nearly five months on market at closing, more than double the county's pace. With only a modest sample of closings this quarter, the directional signal is clear even if precision is limited: the negotiation gap is expanding as buyers extract more ground at the table.

The pipeline in Scurry tells a sharper story than closed sales alone: active listings held steady at 53 while pending contracts fell to single digits — a ratio that points toward a widening absorption gap heading into summer. New listing activity of roughly 31 homes over the quarter outpaced contracts going under agreement by a wide margin, extending the months of supply to nearly ten. The directionally thin pending count suggests that demand has not kept pace with available supply, a condition that, if sustained, could further pressure negotiation dynamics in the months ahead.