76126 Home Values

A wave of nearly 155 closings in 76126 this quarter gives this month's price signals more weight than the thinner samples seen earlier this year, based on MLS data for 2026-08 closings in 76126. Price per square foot held near $204, matching the level posted through the trailing year, while the median sale price eased to roughly $429,000. The typical closed sale kept wrapping up in well under a month, extending the compression that took hold this spring. Concessions grew more common and more generous, showing up in nearly half of transactions and averaging above $11,500, even as sellers still captured close to 98.5 cents on the dollar and sales above list price stayed scarce, at about one in fifty.

Pending contracts in 76126 fell further this quarter to just 19, deepening the retreat flagged last month against 250 active listings still on the market. New listing activity also eased to a slower pace than earlier in the year, while months of supply held near five, keeping conditions on the buyer-favorable side of neutral. The widening shortfall in pending activity, even as active inventory holds firm, suggests the recent stretch of quick closings may be harder to sustain into the fall without a rebound in buyer follow-through.

Closing activity in 76126 kept a brisk pace this quarter — based on MLS data for 2026-07 closings in 76126, the typical sale went from listing to contract in under four weeks, notably tighter than the six-week median posted across the trailing year. Price per square foot barely moved, holding near $199 and roughly matching the 12-month baseline, while the median sale price slipped to about $427,000. Concessions stayed a fixture of the market, present in just over half of closings and averaging close to $10,600 — a larger payout than earlier in the year — even as sellers continued collecting close to 99 cents on the dollar and closings above list price remained scarce, at roughly one in fifty.

Pending contracts in 76126 fell by roughly half from the prior period, even as new listings kept arriving at a slower but still steady clip and active inventory held near 240 homes. That widening gap between active supply and contracts in progress pushed months of supply to roughly five, keeping the market solidly in buyer-favorable territory. The retreat in pending activity, set against inventory that isn't shrinking, suggests the recent acceleration in closing times may not carry through the back half of the year without a pickup in buyer follow-through.

The negotiation gap between list and sale prices in 76126 compressed meaningfully this quarter — buyers who closed under asking price represented roughly a third of all transactions, down sharply from nearly half over the trailing year, based on MLS data for 2026-06 closings in 76126. Yet concession activity ran counter to that tightening: more than half of closings included seller concessions, averaging around $8,000. Price per square foot held near $204, modestly above the 12-month baseline, while the median sale price settled close to $450,000. Sellers captured just under 98.5 cents on the dollar — the best list-price recovery this zip has posted in the trailing year.

Active inventory in 76126 held steady at roughly 240 listings while pending contracts remained at about 80 — a three-to-one supply-to-pending ratio that keeps months of supply just under five. New listing volume has continued at a brisk pace relative to absorption, with nearly 240 new listings entering the market. That imbalance keeps conditions nominally favorable for buyers seeking selection, though the compression in under-list closings from the prior period suggests buyers are not translating that available supply into deeper discounts at the offer stage.