76012 Home Values

Closings in 76012 picked up pace this spring, with roughly 94 transactions closing in the trailing quarter — noticeably ahead of the pace implied by the annual average — and homes moving to contract faster along the way, with days on market falling to under a month. Based on MLS data for 2026-07 closings in 76012, that quicker turnaround did not come with pricing softness: price per square foot held near $179, a modest gain over the trailing annual reading, with year-over-year appreciation still running close to five percent. Sellers received roughly 97 cents on the dollar at closing, with concessions appearing in a bit more than half of transactions — continuing a pattern that first emerged last month.

Pending contracts in 76012 fell to roughly two dozen in the latest quarter — about half of last month's total and well short of the pace implied by the trailing annual figure. New listings held closer to steady, keeping active inventory essentially flat near 130 homes. Months of supply eased toward four, just under the Tarrant County benchmark, suggesting the market's recent burst of speed may not carry fully into the next quarter.

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.