November 2019 Fort Worth Housing Report

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November 2019 Fort Worth housing market report:

Fort Worth home sales decreased 1.6 percent to 969 homes in November 2019. The median price for Fort Worth homes increased 6.5 percent year-over-year to $230,000 in November 2019.

Fort Worth’s monthly housing inventory was 2.4 months in November 2019, 0.1 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 50 days on the market in November 2019, four days more than November 2018. Additionally, active listings increased 1.5 percent to 2,563 listings during the same time frame.

November 2019 Statistics At-A-Glance

969 – Homes sold in November 2019, 1.6 percent less than November 2018.
$230,000 – Median price in November 2019, 6.5 percent more than November 2018.
2.4 – Monthly housing inventory in November 2019, 0.1 months more than November 2018.
50 – Average number of days homes spent on the market in November 2019, 4 days more than November 2018.
33 – Average number of days to close in November 2019, one day more than November 2018.
2,563 – Active home listings on the market in November 2019, 1.5 percent more than November 2018.

 

 

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