76012 Home Values

A split is forming at the negotiating table in 76012: more sellers are writing concessions into deals — now appearing in more than half of closed transactions compared to roughly half the annual average — yet the dollar amount of those concessions has pulled back by about one-sixth from year-over-year norms. Based on MLS data for 2026-06 closings in 76012, sellers are giving ground more frequently but in smaller increments, with the list-to-sale ratio holding near 97 cents on the dollar across 84 closed sales. Price per square foot remained anchored near $175, flat against the trailing annual reading, with year-over-year appreciation running close to five percent.

The pipeline in 76012 shows a compressed active-to-pending ratio: with roughly 55 pending contracts against 136 active listings, absorption is running at a moderate clip, suggesting the market is neither tightening nor softening sharply. New listings came in near 139 for the window, outpacing pending contracts by a margin that continues to hold supply choices open for buyers. At just under five months of supply — in line with the Tarrant County benchmark — near-term conditions appear unlikely to shift materially before the next quarterly read.

The DOM drop — from roughly six weeks on the typical annual basis to under a month in the most recent quarter — is the sharpest signal in 76012's closed-sale data. Based on MLS data for 2026-05 closings in 76012, homes that did close moved at a pace that outpaced the trailing-year average by a meaningful margin, even as price per square foot held steady near $175. The limited sample of 73 closings suggests this velocity reading is directional rather than definitive, but seller concessions appeared in more than half of transactions — directionally, buyers extracted value at the table while homes moved faster than recent norms.

The supply picture in 76012 is worth watching: new listing activity outpaced pending contracts by more than two to one in the recent window, a dynamic that, if sustained, would continue broadening buyer choice heading into summer. With roughly five months of supply on hand — matching the Tarrant County baseline — the pipeline does not yet signal a tightening market. The active-to-pending ratio suggests demand is absorbing listings at a measured pace, leaving conditions tilted modestly toward buyers in the near term.