Fort Worth home sales increased 7.7 percent to 1,198 homes in April 2019. The median price for Fort Worth homes increased 2.7 percent year-over-year to $225,900 in April 2019.
"Inventory is still low, but we are continuing to see more homes added to the market," said Moiri Brown, 2019 President of the Greater Fort Worth Association of REALTORS®. "As we head into the summer selling months we expect active listings and closed sales to continue to rise.”
Fort Worth’s monthly housing inventory was 2.3 months in April 2019, 0.4 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 42 days on the market in April 2019, five days more than April 2018. Additionally, active listings increased 17 percent to 2,465 listings during the same time frame.
Come learn the tried and true fundamentals to building and maintaining a career in real estate from successful REALTORS that have insight to share. The series is a four sessions of quantifiable information with a provided lunch plus Q&A to follow with each session’s speakers.
Give your fledgling REALTOR career some advancing knowledge momentum or your established REALTOR career a review for a boost of vitality. All year(s) of licensure are welcome!
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.
If you weren’t able to watch live as Texas Association of REALTORS® COO Mike Barnett gave a walkthrough of the new MarketViewer data tool, the video is now available in an edited version. Watch the full tutorial or jump to explanations of specific features and questions. The video explains the background of the Data Relevance project and the MarketViewer tool, why reports may differ from what’s available through your local MLS, and how to use the infographic generator and access market reports in addition to answers questions from members like you.
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.