76209 Home Values

A surge in completed transactions — nearly 70 closings in 76209's latest quarter — gives this month's data a firmer statistical footing than prior periods. Based on MLS data for 2026-06 closings in 76209, homes are moving off the market in roughly 43 days, a modest improvement from the trailing-year pace. Price per square foot has edged down to about $194, continuing a mild softening that tracks the annual year-over-year decline of nearly five percent. Directionally, sellers are recovering more of their asking prices than the annual average suggests, with the list-to-sale gap compressing and average concession amounts running lighter than the prior-year figure.

New listing volume in 76209 has kept pace with roughly one home added for every two to three weeks, while pending contracts represent a noticeably smaller share of that activity — a ratio that keeps supply elevated heading into summer. Months of supply has pulled in to about five and a half, meaningfully tighter than the annual figure and running below the Denton County benchmark of roughly six months. The limited transaction sample warrants caution, but the directional signal points toward gradual absorption gaining ground on fresh inventory.

The negotiation gap in 76209 has modestly compressed over the past quarter, with sellers recovering slightly more of their asking price — directionally, the data suggests buyers still hold meaningful leverage at the closing table. Based on MLS data for 2026-05 closings in 76209, roughly half of all transactions closed below list, and sellers contributed concessions in more than half of deals. The average concession has trended below the annual figure, suggesting some moderation in seller give-backs. At nearly $195 per square foot, values sit just below the trailing-year average, while the annual price trajectory remains negative, down nearly five percent year-over-year.

Active inventory in 76209 held steady while new listings outpaced pending contracts by more than two-to-one in the latest quarter, a supply imbalance that keeps conditions tilted toward buyers heading into summer. With roughly five and a half months of supply on hand — below the county-wide figure — the pipeline suggests demand is absorbing some new product, though the limited transaction sample warrants caution in reading strong directional shifts. Pending activity remains thin relative to the new listing pace, reinforcing the seller-positioning pressure already visible in closed-sale data.