76112 Home Values

Closings in 76112 wrapped up markedly faster in the latest quarter, with the median days-to-close falling to 31 — down from the high-30s pace recorded earlier this year and faster than the trailing annual figure of 39. Based on MLS data for 2026-07 closings in 76112, price per square foot held near $161, essentially flat against the $157 trailing-annual mark. Sellers gave ground less often than last quarter: concessions appeared in roughly six in ten sales, down from nearly two in three, while the share closing below asking eased to just over four in ten. Sellers still recovered about 97 cents on the dollar at closing.

The pipeline in 76112 tells a different story than the closing numbers alone: pending contracts fell to 39 from 72 the prior quarter, even as active inventory held flat near 170 listings. New listing volume also eased to 145 homes from roughly 150, trimming the pool modestly but not enough to offset the pending slide. Months of supply ticked up slightly to just under five, though it remains below the trailing-annual average. With fewer contracts moving into the pipeline against a steady active count, near-term deal-making in 76112 looks more measured than the faster closing times suggest.

The negotiation gap between asking and closing prices in 76112 continued to favor buyers in the latest quarter. Price per square foot held near $160, roughly flat with the trailing annual figure, while the list-to-sale ratio ticked up marginally — sellers recovered just under 97 cents on the dollar at closing. Based on MLS data for 2026-06 closings in 76112, nearly two in three sales included a seller concession — a share that has climbed above the full-year average — though average concession amounts ran somewhat below the annual figure. Almost half of all closings settled below asking, reflecting the limited pricing power sellers hold in this segment.

With roughly 164 active listings against only 72 pending contracts, the pending-to-active ratio in 76112 sits well below breakeven, placing clear absorption pressure on sellers. Months of supply has eased to about four and a half — down from more than five across the full trailing year — suggesting some tightening at the margin, but still in territory that gives buyers room to negotiate. New listing activity added nearly 150 homes to the available pool this quarter, sustaining inventory depth and signaling that supply pressure is unlikely to shift the balance near-term.

Price per square foot in 76112 edged upward in the most recent quarter, reaching roughly $160 — a modest gain against the trailing annual figure. Based on MLS data for 2026-05 closings in 76112, sellers have been conceding more frequently than the annual norm: nearly two in three transactions closed with a seller concession, up from just over half across the full prior year. Average concession amounts ran somewhat lower than the annual average, suggesting that while more sellers agreed to give something back at the table, the amounts themselves were contained. The list-to-sale ratio held just below par, with sellers receiving about 96 to 97 cents on the dollar at closing.

The pipeline in 76112 points to continued buyer selectivity. With roughly 150 active listings and only 70 pending contracts, the pending-to-active ratio signals that absorption has slowed — supply is present but buyer conversion is measured. New listing activity added more than 135 homes to the market over the quarter, sustaining the available pool. At the current pace, months of supply sits near four and a half months, placing the market in mildly buyer-favorable territory and offering little urgency pressure for prospective buyers weighing their options.