January 2019 Fort Worth Housing Report

January 2019 Fort Worth Housing Report

Fort Worth home sales decreased 13.5 percent to 655 homes in January 2019. The median price for Fort Worth homes increased 5.4 percent year-over-year to $216,500 in January 2019.

Fort Worth’s monthly housing inventory was 2.1 months in January 2019, 0.5 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 55 days on the market in January 2019, ten days more than January 2018. Additionally, active listings increased 30 percent to 2,258 listings during the same time frame.

January 2019 Statistics At-A-Glance

655 – Homes sold in January 2019, 13.5 percent less than January 2018.
$216,500 – Median price in January 2019, 5.4 percent more than January 2018.
2.1 – Monthly housing inventory in January 2019, 0.5 months more than January 2018.
55 – Average number of days homes spent on the market in January 2019, ten days more than January 2018.
32 – Average number of days to close in January 2019, one day less than January 2018.
2,258 – Active home listings on the market in January 2019, 30 percent more than January 2018.

 

January 2019 Housing Report

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