Grapevine Home Values

Nearly 130 homes closed in Grapevine this quarter, a volume base that lends real confidence to this month's price data, based on MLS data for 2026-07 closings in Grapevine. Price per square foot held steady near $271, consistent with last month's reading and still comfortably above the trailing annual figure of about $264. The median sale price climbed to nearly $629K, and sellers continued to capture close to 98 cents on the dollar at closing. The share of homes selling below list price fell notably from the annual baseline, while concession activity ticked higher: just over half of transactions included some form of buyer relief, averaging roughly $7,500, up from about $6,900 across the trailing year.

Grapevine's pipeline points to a slowing pace heading into fall. Pending contracts dropped to 40, roughly half of last month's total, even as new listings held near 193 and active inventory edged up to 182. That imbalance pushed months of supply just past the four-month mark for the first time in recent readings, a threshold that typically signals a shift in negotiating leverage. Tarrant County's own supply sits near five months, so Grapevine's cushion, while still comparatively tight, is narrowing.

While Tarrant County's median price per square foot settled near $186 in the latest quarter, Grapevine recorded roughly $270 — nearly half again as much — based on MLS data for 2026-06 closings in Grapevine. That gap has widened slightly from the trailing annual figure of about $264 per square foot, reflecting a market that continues to price at a significant premium to its county context. Sellers here captured close to 99 cents on the dollar at closing, outpacing the county average by nearly a full percentage point. Concession activity increased compared to the annual baseline — more than half of transactions included some form of buyer relief — though the median sale price of roughly $610K reflects a market operating in a distinctly different register than Tarrant County's broader $350K median.

Grapevine's supply conditions remain tighter than the county norm heading into summer. With roughly 3.7 months of supply against Tarrant County's nearly five months, the market carries less buffer than the broader region. Active inventory held at about 165 homes while 71 contracts moved to pending status against 196 new listings — a ratio that keeps absorption running at a measured pace. The pipeline does not signal a supply surge on the horizon; new listing activity is entering the market, but pending volume has not kept pace, leaving the months-of-supply reading stable and compressed relative to county.

Price per square foot in Grapevine reached roughly $268 in the latest quarter, edging above the trailing annual average and anchoring a market that remains well above county norms, based on MLS data for 2026-05 closings in Grapevine. Sellers captured nearly 99 cents on the dollar at closing — a meaningfully tighter gap than the full-year average — while the share of transactions closing below list price fell sharply compared to the annual baseline. Concession activity ticked up, with more than half of sellers offering some form of buyer relief, though average concession amounts stayed near $7,000. The annual median sale price of roughly $602K reflects a modest year-over-year gain of about 3%.

Grapevine's pipeline signals an accelerating pace heading into summer. At roughly 12 days median time on market — less than half the trailing annual figure — velocity in this market is running well ahead of the broader Tarrant County average of nearly a month. Active inventory held steady at about 143 homes while pending contracts reached 66 against 176 new listings, sustaining a months-of-supply reading just under four. That supply cushion keeps conditions balanced, but the compression in days on market suggests demand absorption is outpacing what inventory levels alone would imply.