Fort Worth home sales were down 2.4 percent to 1,052 homes in April 2017. The median price for Fort Worth homes increased 14.6 percent year-over-year to $205,000 in May 2017.
Fort Worth’s monthly housing inventory was 1.8 months in April 2017, 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 29 days on the market in April 2017, 13 days less than April 2016. Additionally, active listings increased 2.7 percent to 1,800 listings during the same time frame.
GFWAR now offers an Automatic Payment Option. You will now be able to set up your credit or debit card to automatically be charged for MLS dues, assocation dues, TREPAC investments, and/or miscellaneous charges such as REALTOR store purchases, advertising, and events tickets.
We are excited to announce the opening of a new GFWAR location in far North Fort Worth! Our office on Westport Parkway at I-35 offers all of the member services found at our main office, including: