Fort Worth home sales increased 1.2 percent to 846 homes in February 2019. The median price for Fort Worth homes increased 4.3 percent year-over-year to $222,000 in February 2019.
"We are seeing a really steady increase in active listings," said Moiri Brown, 2019 President of the Greater Fort Worth Association of REALTORS. "While prices continue to rise, it is at a much slower pace than previous years. Also, days on market are starting to increase, allowing buyers more time to go through the decision-making process.”
Fort Worth’s monthly housing inventory was 2.2 months in February 2019, 0.6 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 56 days on the market in February 2019, 13 days more than February 2018. Additionally, active listings increased 35.3 percent to 2,286 listings during the same time frame.
March 26 & 27 | 9 a.m. to 4:30 p.m. | GFWAR Auditorium
HomesUSAAlliance 2-Day Certification hosted at the Greater Fort Worth Association of Realtors
The Alliance is proud to announce its 2-Day New Home Sales Agent Certification Program. To qualify for the HomesUSAAlliance New Home Sales Agent Certification, agents must complete all six (6) CE courses, which cost $165 for all six (6) courses. Courses do not need to be taken in any specific order and can also be taken as individual courses. Invest your time wisely and register for our 2-day session today!
Click here to register.
Click here to download the program flyer.
Tuesday, March 26 | 6 a.m. to 7 p.m. | Austin
Join GFWAR as members unite with REALTORS® across the state to demonstrate the grassroots power of Texas REALTORS® and promote legislative priorities to elected officials.
GFWAR members will board a chartered bus and head to Austin to meet with legislators who represent this area about issues affecting the industry. Participation by REALTOR® members is more important than ever, as legislators are debating issues that could have a dramatic impact on the real estate industry and on your bottom line.
Wednesday, March 20 | 7:30 to 9:00 a.m. | Ridglea Country Club
Don’t miss Fort Worth Mayor Betsy Price as she gives her 2019 outlook for the city at the March Society of Commercial REALTORS® breakfast. Find out where Fort Worth is headed on a wide-range of issues, such as transportation, economic development, infrastructure projects, water, public safety, education and sustainability.
Cost: $10 for SCR members and $25 for non-SCR members if registered by 5 p.m. on Thursday, March 14. Reservations received after the registration deadline or walk-ins the day of the event will be charged $15 for SCR members and $30 for non-SCR members.
Interested in serving on a GFWAR committee? GFWAR has 16 different committees open to members in 2019. Committees generally meet for one hour, once a month at the GFWAR building. Keep in mind certain committees have limited appointments. If you are interested in serving on a committee, complete this form and email or fax it to Debbie Findley.
Registering a well with your Groundwater Conservation District is the only way to protect existing wells. Below is a list of the Groundwater Conservation Districts in this area. Each District utilizes their own specific forms. Forms can be obtained from the District websites for Well Registrations and Transfers. Please share this information with your clients to protect our groundwater.