Fort Worth home sales decreased 8.2 percent to 1,200 homes in June 2019. The median price for Fort Worth homes increased 0.9 percent year-over-year to $230,000 in June 2019.
"The housing market in DFW is shifting," said Moiri Brown, 2019 President of the Greater Fort Worth Association of REALTORS®. "While sales were down this month, we are still seeing steady activity. Prices also appear to be stabilizing.”
Fort Worth’s monthly housing inventory was 2.6 months in June 2019, 0.2 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 33 days on the market in June 2019, four days more than June 2018. Additionally, active listings increased 5.3 percent to 2,786 listings during the same time frame.
June 2019 Statistics At-A-Glance