Argyle Real Estate Market Update: Price Reductions Multiply, Contract Activity Picks Up (Week of September 15‑21)

Market Snapshot – Argyle

Quick Take

In Argyle this week, price decreases are the big story—25 listings dropped their asking price, and none increased. New listings (10) are modest, and contract activity is picking up: 14 pending vs 10 closed. Cancellations and expirations (13 combined) suggest some homes didn’t meet buyer expectations on condition or pricing. Overall, the market is gently shifting toward more balance: sellers need to align value; buyers are getting more leverage.

Housing Market Activity in Argyle This Week

• New / Back on Market: With only 10 new listings and 1 that came back, supply is steady but limited.

• Pricing Trends: 25 price reductions is a significant number for this size of market; zero price increases suggests sellers are recognizing what buyers will accept.

• Contracts & Pendings: Active option contracts (8) and contingent ones (2) signal some conditional buyer interest; 14 pendings shows good movement for homes that are well‑aligned with buyer needs.

• Closed vs Cancel / Expired: 10 homes closed, but 10 were canceled and 3 expired. Some homes might be lingering too long or priced too high.

Key Real Estate Trends in Argyle

Here are broader trends in Argyle that this week’s data reinforces:

• According to Zillow, the average home value in Argyle is about $605,054, which is down approximately 2.4% year‑over‑year.

• Per Redfin, Argyle remains somewhat competitive, with median sale prices recently around $975,000, with homes selling in about 25‑35 days in many cases.

• Argyle has a high cost market with relatively fewer homes moving rapidly unless they are in excellent condition, well priced, and in desirable locations. Homes that are over‑market, under‑maintained, or misaligned with what buyers want tend to accumulate days on market, or even get canceled or withdrawn.

Buyer and Seller Advice for Argyle Real Estate

Buyer Takeaways

• Watch for price reductions. Since many sellers are adjusting their expectations, listings that have dropped recently may offer value and room to negotiate.

• Have your financing & inspections lined up. Contracts that fall through often do so because buyers aren’t fully prepared. The more ready you are, the stronger your offer.

• Use the BlueFuse Buyer Blueprint. It’ll help you define what features matter (lot size, finish, location), build a realistic budget, and act decisively when opportunity arises.

Seller Takeaways

• Price competitively from day one. With so many price cuts and no increases this week, starting too high risks lingering on the market and having to adjust later.

• Make presentation count. Condition, staging, strong photos, and documenting recent updates make a difference—buyers here are discerning.

• Apply the Signature Seller Strategy. A structured approach to prepping your home, pricing based on neighborhood comps, and marketing smartly will improve your chances of closing well.

Should You Wait or Act?

• If you're a buyer, acting now on well‑priced, move‑in‑ready homes is likely better than waiting. Inventory looks more favorable, and with sellers more willing to adjust, there’s opportunity.

• If you’re a seller, listing soon with strong prep and a strategy aligned with what buyers are prioritizing will likely produce better outcomes than waiting for “perfect” market conditions.

Local Insights & Neighborhood Notes

• Argyle remains highly desirable, especially in neighborhoods like Canyon Falls, Country Lakes Estates, and other subdivisions with larger lots, high‑quality build, and proximity to good schools. Buyers tend to favor established, well‑maintained homes in those areas.

• Homes priced above $1 million or those with very large lots or custom finishes are more likely to face longer time on market unless condition and presentation align very well.

• There’s also some interest in new construction or recently updated homes; buyers seem more willing to pay for move‑in readiness rather than taking on cost/time of updates.

Frequently Asked Questions About the Argyle Housing Market

• How quickly are homes selling in Argyle currently?
  Homes that are well priced and in good condition tend to sell in roughly 3‑5 weeks (around 25‑35 days). Listings with pricing or condition mismatches take notably longer.
• Are home prices rising or falling in Argyle?
  Broadly, there’s been some softening: Zillow reports an average home value decline (~2.4%) year‑over‑year. But in many parts of Argyle the drop is mild — and homes that check the boxes still hold value well. Zillow
• Is Argyle a buyer’s market yet?
  It’s trending toward balance. Buyers are having more lift, especially in negotiating price or terms. But for sellers with strong homes, the demand is still there.
• Should sellers on the fence list now or wait for “better conditions”?
  If your home is in good shape and you can price it well, listing now makes sense. Waiting often means you end up having to adjust later anyway.
• What should buyers look for right now in Argyle?
  Prioritize condition, price per square foot, schools, and lot size. Homes with recent updates and strong curb appeal will outperform. Be ready to move fast when one comes up that fits your priorities.

Thinking of buying or selling in Argyle? Let’s build your strategy based on today’s realities.

• For Buyers: Use our BlueFuse Buyer Blueprint to define what you want, when you want it, and how to negotiate from strength.

• For Sellers: Apply the Signature Seller Strategy—prep, price, and position your home to compete in this more nuanced market.

Reach out for a free consultation so we can map your best move together in Argyle.