February 2019 Fort Worth Housing Report

Fort Worth Real Estate

Fort Worth home sales increased 1.2 percent to 846 homes in February 2019. The median price for Fort Worth homes increased 4.3 percent year-over-year to $222,000 in February 2019.

Fort Worth’s monthly housing inventory was 2.2 months in February 2019, 0.6 months more than the year prior. The Real Estate Center at Texas A&M University cites that 6.5 months of inventory represents a market in which supply and demand for homes is balanced.

Homes spent an average of 56 days on the market in February 2019, 13 days more than February 2018. Additionally, active listings increased 35.3 percent to 2,286 listings during the same time frame.

February 2019 Statistics At-A-Glance

846 – Homes sold in February 2019, 1.2 percent more than February 2018.
$222,000 – Median price in February 2019, 4.3 percent more than February 2018.
2.2 – Monthly housing inventory in February 2019, 0.6 months more than February 2018.
56 – Average number of days homes spent on the market in February 2019, 13 days more than February 2018.
32 – Average number of days to close in February 2019, one day more than February 2018.
2,286 – Active home listings on the market in February 2019, 35.3 percent more than February 2018.

 

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