Inventory in Stop 6 has thinned out over the past year, with active listings down compared to a year ago even as new listings ticked higher. Rolling three-month sales have more than doubled year over year, pointing to stronger buyer activity. Pending sales are slightly lower than last year, suggesting some deals are taking longer to come together.
Homes are taking much longer to go under contract, with the median days on market over the latest three-month period now stretching into nearly three months and rising sharply from a year ago. Even with that slower pace, months of supply has dropped significantly year over year and now sits just above five months, which still lines up with Stop 6’s seller’s market gauge.
Pricing has been adjusting to these conditions. The typical home value in the rolling three-month window is down a bit from a year ago, while the median list price has inched higher, widening the gap between what sellers ask and what buyers are willing to pay. A smaller share of homes is selling above list price than a year ago, yet the average sale-to-list ratio has moved up, indicating most sellers are still achieving very close to their asking price. Compared with the broader Fort Worth market, Stop 6 remains more affordable, and both buyers and sellers can use Agent Pronto to connect with an agent who understands these neighborhood-specific trends.
