The March 2026 data for Argyle shows a market in high contrast. While sale prices have seen a double-digit correction, the efficiency of the market—how fast homes actually move—has improved significantly for those who price correctly.
The Argyle Breakdown: March 2025 vs. March 2026
The year-over-year comparison reveals a significant cooling in value but a heating up in transaction speed:
- Median Sales Price: Dropped from $560,000 to $475,000, a significant 15% decrease.
- Inventory: Held steady at 213 homes, a minor 2% increase from 209.
- Days on Market: Fell from 62 days to 43 days, a 30% decrease in time.
- The Effort Gap: It now takes just 3 showings on average to get a contract, down from 6 last year—a 50% increase in efficiency.
Interest Rates: 6.4% (Conventional) | 5.8% (FHA).
The Paradox: Lower Prices, Faster Sales
Usually, when prices drop by 15%, it’s because homes are sitting and sellers are getting desperate. In Argyle, the opposite is happening: homes are selling 30% faster than they were a year ago.
The Skeptic’s View: This suggests that Argyle sellers have finally accepted the new interest rate reality. By pricing homes 15% lower than the 2025 peak, they are attracting “ready, willing, and able” buyers almost immediately. The fact that it only takes 3 showings to reach a “pending” status indicates that the buyers currently in the market are highly qualified and ready to pull the trigger once they see a fair price. The “correction” isn’t a crash; it’s a recalibration that has actually restored liquidity to the market.
Strategic Takeaways
For Sellers: You are in a “velocity market.” You can move your equity quickly, but only if you are realistic about the current 15% discount from last year’s highs.
- Price it Right, Once: As Costi Hinn emphasizes, pricing appropriately is the difference between a 3-showing sale and sitting indefinitely.
- Take the Speed: The 30% drop in days on market is your biggest advantage. You can sell and move on to your next property much faster than in 2025.
For Buyers: The “wait and see” approach has paid off with a $85,000 reduction in median prices.
- Act Quickly: Do not assume that because prices are lower, you have all the time in the world. With days on market dropping to 43, the best-priced homes are moving faster than they were a year ago.
Inventory Stability: With 213 homes available, you have a solid selection, but the increased speed of sales means the “good ones” go fast.