76112 Home Values

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.