Posts Tagged ‘johnson county’
December 2024 Housing Report
In 2024, while many metropolitan housing markets softened, Fort Worth stood out with steady growth. Home sales increased by 0.5% year-over-year, with 10,717 homes sold, and active listings surged 36% to 2,801. The median home price rose modestly by 1.5%, while homes spent just four additional days on the market compared to 2023, signaling a…Read More
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
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
April 2024 Housing Report
In April, the real estate landscape in Tarrant County painted a picture of stability, with the median home price holding steady at $350,000 compared to the previous year. Fort Worth saw a slight dip in median price, down 3.2 percent to $325,500. However, this slight decline didn't deter buyers, as evidenced by the 8.7 percent…Read More
Don’t Forget to Apply for Homestead Exemption in 2024
Welcome to April! As we step into this month, it’s essential to remember our yearly reminder: If you bought a house in Texas last year, mark your calendar for April 30, 2024 – that’s your deadline to apply for a homestead tax exemption and potentially save on taxes this year. So, what exactly is a…
Read MoreFebruary 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
March 2022 Housing Report
Inventory numbers made a move in a positive direction in March, inching up from 0.6 months to 0.7 months of available inventory in both Fort Worth and Tarrant County. Eager buyers were waiting to make offers, as the number of days on the market dropped to 22 days, signaling the start of a busy spring…Read More
February 2022 Housing Report
Inventory dropped to a new record low in February as both Fort Worth and Tarrant County fell to 0.6 months. Prospective homebuyers still find themselves waiting for trends to change as prices continue to climb. The median home price in February was $333,099 in Fort Worth, a 23.4 percent increase from February of 2021. The…Read More
January 2022 Housing Report
Active listings were down more than 30 percent in Fort Worth in January, as inventory continued to sit at a record low of 0.7 months. The median home price was $325,000, a 25.5 percent increase over January of 2021. Inventory in Tarrant County dropped even further to 0.6 months. The Texas Real Estate Research Center…Read More
December 2021 Housing Report
Inventory numbers dropped in December 2021 to the lowest figures since the start of the pandemic. Inventory for both Fort Worth and Tarrant County was at 0.7 months. The Texas Real Estate Research Center at Texas A&M University cites that 6.5 months of inventory represents a market in which supply and demand for homes is…Read More
November 2021 Housing Report
Inventory dropped once again in November as the real estate market headed into what is typically one of the slowest times of the year. Fort Worth inventory was at 0.9 months – the lowest level since May and 0.4 months less than November of 2020. Inventory also dropped in Tarrant, Johnson, and Parker Counties, as…Read More
October 2021 Housing Report
The housing market headed into the fall with continued low inventory and high home prices. Tarrant, along with Parker and Johnson Counties, all hit new highs on median home prices in October. The median price of a home in Fort Worth was $310,000, which is also a new high. Although the speed of home price…Read More