In addition to the higher prices and increased sales, Fort Worth’s monthly housing inventory was down to 1.0 months, 1.1 months less 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. “December 2020 closed … Read more
“The bump in sales we’ve seen in June is great news and I do think we can continue to see that ebb and flow in the coming months,” said Shelby Kimball, 2020 President of the Greater Fort Worth Association of REALTORS®. “Due to limited inventory, sellers have a fair chance of listing their homes and … Read more
Although the speed of home price increases has slowed, other indicators like inventory and days on market reveal a pent up demand continues to persist in the market. This means challenges for homebuyers. According to a survey from the National Association of Home Builders, in the third quarter, 66% of active homebuyers said they spent … Read more
Inventory for Fort Worth was at its highest in 2021 in July, at 1.3 months, which is still in the realm of historically low numbers. Frustrated homebuyers are hoping things look up in the new year. “We are starting out 2022 with new record lows of available inventory,” said Shannon Ashkinos, 2022 President of the … Read more
Fort Worth saw 1.1 months of inventory in June, an increase from months of holding steady at 0.9. Although this is movement in the right direction, inventory is still historically low. 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 … Read more
Inventory in Fort Worth grew to 2.3 months. Though still nowhere near a normal market – 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 balanced – the current inventory is 1.7 months more than the historic … Read more
In Tarrant, Parker, and Johnson County, the median price increase was about 6 percent year-over-year. Inventory, which had grown steadily over the course of the year, leveled out at 2 months in Tarrant County and 2.1 months in Fort Worth. The Texas Real Estate Research Center at Texas A&M University cites that 6.5 months of … Read more
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 balanced, so the numbers are still far from normal. However, the inventory hasn’t been this high in Fort Worth since September 2020. The rising inventory, along with a … Read more
The only increase in Fort Worth was in inventory. At 2.6 months in both Fort Worth and Tarrant County, inventory continued a slow but steady climb. The Texas Real Estate Research Center at Texas A&M University states that 6.5 months of inventory would represent a balanced market, so more homes are still needed to meet … Read more
Also down at the end of 2023 was inventory. Fort Worth was at 2.3 months, which decreased from 2.7 months in November but was up slightly year over year. The Texas Real Estate Research Center at Texas A&M University states that 6.5 months of inventory would represent a balanced market, so more homes are still … Read more