76433 Home Values

The average concession in 76433 nearly doubled this quarter, climbing to roughly $23,000 from an annual baseline near $11,800 — the clearest sign yet of where seller leverage stands this summer. Price per square foot edged up to about $246, above the trailing twelve-month figure, but that gain came alongside sellers giving back close to three and a half cents on the dollar at closing, continuing the concession pattern flagged last month. Just over half of closings landed below list price and none closed above asking, based on MLS data for 2026-06 closings in 76433. With only 17 sales this quarter, the figures carry a wide margin, but larger seller giveaways have now held for a second straight month.

Pending contracts in 76433 thinned further this quarter, sitting at just 8 against 80 homes actively listed — a gap that has only widened since last month's already-sparse pipeline reading. New listings continued arriving at a pace of 44 for the quarter, keeping fresh supply ahead of what limited buyer demand is absorbing. Months of supply eased to roughly fourteen, down from the nearly nineteen cited last month but still deep in oversupplied territory, suggesting sellers will keep needing to sweeten terms to convert lookers into contracts through the next cycle.

The negotiation gap in 76433 widened noticeably in the most recent quarter, with sellers giving back nearly five cents on the dollar at closing — a measurable step down from the trailing annual average. Based on MLS data for 2026-05 closings in 76433, roughly one in three transactions carried a seller concession, with the average concession amount roughly doubling compared to the twelve-month baseline. Two-thirds of homes sold below list price, and no closings exceeded asking, signaling that buyer resistance is setting the terms. With fewer than fifteen closings this quarter, price signals carry wide confidence intervals, but the directional shift in concession behavior is consistent across the limited sample.

The pipeline in 76433 reflects a market where supply far outpaces buyer activity. With nearly nineteen months of supply on hand and pending contracts having dropped sharply relative to the annual pace, the absorption rate suggests demand has thinned considerably. New listing activity continues to enter the market even as closed volume contracts — a dynamic that typically widens the supply cushion further. With fewer than a dozen pending contracts in the current snapshot, near-term closing volume is likely to remain limited, reinforcing the conditions that gave buyers room at the negotiating table.