Wills Point Home Values

Closings in Wills Point held near 77 this quarter, sustaining the stronger volume the market picked up over the summer rather than adding to it, based on MLS data for 2026-09 closings in Wills Point. Days on market eased slightly to just over two months, continuing this year's gradual settling after spring's slowdown. Price per square foot pulled back to roughly $175, giving back August's gain and landing just under the trailing year's mark. Sellers kept conceding ground at the table: the average concession climbed toward $10,000, well above the trailing year's average, even as concession frequency held steady near one in three sales and sellers collected roughly 94 cents on every listed dollar.

Pending contracts ticked up from last month's series low to roughly 15, a modest signal that contract activity may be stabilizing after months of thinning. New listings held close to their typical quarterly pace near 150, keeping active inventory flat at roughly 300 homes. Months of supply eased further to under a year's worth, continuing its slow retreat from nearly 16 months a year ago, though it remains well above the four-month mark associated with balance — leaving Wills Point's slowdown in contract flow looking more like a pause than a reversal.

For the first time in this data series, price per square foot in Wills Point topped $190, reaching roughly $194 in the latest quarter and reversing July's dip below the trailing year's mark — based on MLS data for 2026-08 closings in Wills Point. Deal terms in the closed sample still lean toward buyers, though: nearly half of transactions settled below list price, and sellers collected only about 94 cents on every listed dollar, a touch softer than the year-ago figure. Concessions held roughly steady, appearing in close to one in three sales, with the average concession edging above $8,000. With volume still modest this quarter, the price gain reads as directionally encouraging rather than confirmed.

Months of supply in Wills Point eased to just under a year's worth of inventory at the current pace, down from nearly 16 months a year ago, but the figure remains far above the four-month mark that typically signals balance, leaving buyers with ample selection. Active inventory held steady near 300 homes while pending contracts thinned further to roughly a dozen, the lowest pending count in this series. New listings also cooled modestly from the trailing year's pace, suggesting the supply overhang driving buyer leverage is beginning to narrow but has not closed.

A surge in closings — nearly 80 sales in the latest quarter, comfortably ahead of the pace the trailing year would predict — gave Wills Point's transaction count fresh momentum, even as days on market ticked up slightly past the two-month mark. Based on MLS data for 2026-07 closings in Wills Point, price per square foot slipped to $173, reversing two straight months of incremental gains and landing below the trailing year's $180 mark, while the median sale price lagged more sharply, down close to 10% from a year earlier. Concessions also grew less frequent, appearing in about one in four sales rather than one in three, while sellers continued collecting roughly 95 cents of every listed dollar at closing.

Holding roughly to the trailing year's pace, new listing activity in Wills Point added about 150 homes to the market this quarter, while active inventory barely moved above 300. Pending contracts, however, told a different story — falling to about 20, well under half the roughly 40-a-quarter rate the trailing year averaged. Months of supply eased to roughly 12 from nearly 16 a year prior, though it remains well above the level that typically favors buyers, and the thinning pending count suggests incoming contract activity is slowing even as other pipeline measures hold steady.