Posts Tagged ‘housing report’
November 2024 Housing Report
It’s no surprise we love calling Fort Worth home—our city is booming! According to the Fall 2024 Texas Relocation Report and local market data, over 11% of Texans moved within the state last year, and Tarrant County saw an 11.5% jump in sales this November compared to last year. Fort Worth led the way with…Read More
October 2024 Housing Report
In October 2024, Fort Worth saw a slight dip in home prices, with the median price at $327,995, a 0.6% decrease from the previous year. Inventory continued to grow, with Fort Worth’s months of inventory rising to 3.7, up from 2.7 in October 2023. Tarrant County had 3.5 months of inventory. While more homes are…Read More
September 2024 Housing Report
Fort Worth and Tarrant County are seeing more home-buying opportunities, with inventory levels rising to 3.7 months in Fort Worth and 3.5 months in Tarrant County, up from 2.5 months the previous year. Despite this increase, median home prices have remained stable, with Fort Worth at $335,000 and Tarrant County at $346,890. Lower interest rates…Read More
August 2024 Housing Report
As the summer home-buying season winds down, there's promising news for potential buyers: mortgage interest rates are expected to decrease after the upcoming Federal Reserve meeting. Lower rates could attract more buyers into the market, making it a great opportunity for those looking to purchase a home before competition heats up. Fort Worth's median home…Read More
July 2024 Housing Report
In July 2024, Fort Worth home prices continued to rise, with the median reaching $347,153, a 6 percent increase from last year. Tarrant County also saw a modest 2.3 percent increase, with the median price at $362,250. Despite higher prices, inventory levels are up, with Fort Worth at 3.6 months and Tarrant County at 3.4…Read More
May 2024 Housing Report
For the first time in over a decade, Fort Worth's housing inventory has surpassed the three-month mark. Not since 2013 have Fort Worth and Tarrant County seen inventory levels this high. Active listings have surged, increasing by more than 50% compared to last year. In May, Fort Worth recorded 3.2 months of housing inventory, with…Read More
March 2024 Housing Report
In March, the housing market in Fort Worth continued to demonstrate its resilience, maintaining stable home prices with a median of $329,995, marking a slight increase of 0.3 percent compared to March of the previous year. This stability was accompanied by a gradual uptick in inventory, as more homeowners opted to list their properties for…Read More
February 2024 Housing Report
In February, Fort Worth witnessed a continued upward trend in inventory alongside a notable increase in the median home price, which rose to $329,000, marking a 0.9 percent increase compared to the same period in 2023. Active listings in Fort Worth surged by 25.4 percent, while Tarrant County saw a similar uptick of 28.7 percent.…Read More
November 2023 Housing Report
In November 2023, the Fort Worth real estate market witnessed a positive shift, with the median home price dropping to $320,000—the lowest since January, marking a 3.9 percent year-over-year decrease. Concurrently, the inventory climbed to 2.7 months, reaching its peak for the year and providing potential homebuyers with increased options at more affordable prices. The…Read More
October 2023 Housing Report
In October 2023, Fort Worth's housing market experienced a continued shift, painting a nuanced picture for prospective homebuyers and sellers. Let's delve into the key indicators that defined the real estate landscape during this month. The median price of a home in Fort Worth saw a decline, settling at $330,000. This marked a 2.9% decrease…Read More
September 2023 Housing Report
The September 2023 Housing Report for Fort Worth and Tarrant County presents a blend of positive and challenging aspects of the real estate market. While the median home price has seen a 1.6 percent year-over-year decrease, this dip actually signifies a stable pricing environment, offering assurance to both buyers and sellers. Stability in pricing means…Read More
May 2023 Housing Report
Fort Worth's real estate market has maintained stability over the past few months, with inventory levels remaining consistent. Although the number of available listings has been limited, this has sparked a sense of urgency among prospective homebuyers, making it an exciting time to be a part of the market. Despite the gradual increase in home…Read More
August 2022 Housing Report
Home prices in the greater Fort Worth area continued their steady decline in August. The median home price in Fort Worth was $350,000. This is down from $367,000 in May, but still a 15.4 percent increase from August of 2021 – well above the normal amount of year-over-year appreciation. The inventory landscape continued to improve,…Read More