76633 Home Values

For the first time this cycle, price per square foot in 76633 climbed past $225 in the latest quarter, up from roughly $210 over the trailing year, based on MLS data for 2026-08 closings in 76633. The median sale price followed suit, clearing $500K and running nearly one-fifth above where it stood twelve months earlier. Closings also wrapped up faster, averaging around 50 days versus roughly ten weeks a year earlier, extending the pickup in pace flagged last quarter. Concession activity eased to about one in four transactions, down from more than a third over the trailing year, though sellers still gave back roughly a nickel on the dollar across 32 closings — a directional signal, not a definitive one.

The forward pipeline in 76633 tells a different story than the closing table: pending contracts fell to zero against 89 active listings, one of the widest gaps in recent months. New listings continued at a steady pace, nearly 40 over the quarter, keeping fresh inventory ahead of contract formation. Months of supply eased to a little over eight, down from nearly eleven across the trailing year, but with no homes currently under contract, the improvement looks fragile — complicating the recent acceleration in closing pace and clouding near-term absorption.

Concessions eased in 76633 this quarter, with roughly three in ten closings involving seller giveback — down from nearly four in ten a month earlier — averaging around $8,200, based on MLS data for 2026-07 closings in 76633. Sellers still gave back close to six cents on the dollar at closing, and more than half of transactions closed below list, so full pricing power hasn't returned. The median sale climbed to roughly $430K, well above the 12-month median near $412K, even as price per square foot held flat near $198 — a signal that the mix, not underlying value, drove the increase. With 32 closings recorded, the sample supports a directional read rather than a definitive one.

Pipeline data complicates the seller-side improvement: pending contracts in 76633 slid to just seven against 94 active listings, pushing months of supply to roughly nine — deeper into buyer-favorable territory than the trailing-year average. New listing activity added roughly 50 homes over the quarter, keeping supply replenished faster than contracts are forming. Closings did move a touch faster, with days-to-close easing from the prior quarter's pace. Together, the figures suggest sellers' recent gains at the negotiating table may be harder to sustain if absorption doesn't pick up.

Homes in 76633 took about 80 days to reach the closing table in the most recent quarter, a slight uptick from the trailing annual pace — a directional signal that transaction velocity has edged lower, though the limited sample of 33 closings carries uncertainty. Based on MLS data for 2026-06 closings in 76633, price per square foot held near $198, just off the full-year mark, while the median sale came in roughly $370K — well below the 12-month average, suggesting the quarter skewed toward the lower end of the price range. Sellers continued to give roughly five cents on the dollar at closing, and nearly four in ten transactions involved concessions averaging around $9,300.

The pending contract count in 76633 has contracted sharply relative to earlier periods — fewer than 20 homes were under contract against 92 active listings, a ratio that directionally points to slowing absorption. New listing activity added roughly 50 homes over the quarter, continuing to replenish supply at a pace that outstrips the pending pipeline. Supply sits at roughly eight months — down from a heavier reading earlier in the year but still well above the level that would shift negotiating dynamics toward sellers. The data suggests market velocity remains subdued heading into summer.