Fort Worth home sales rose 14.3% to 992 homes in November 2017 compared to 2016. The median price for Fort Worth homes increased 9.3% year-over-year to $207,750 in November 2017.

Fort Worth’s monthly housing inventory was 2.0 months in November 2017, 0.3 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.  Most inventory is in the $300,000 to $500,000 price range.  The hot market with multiple offers and over list sales prices are primarily on homes under $250,000.

Homes spent an average of 36 days on the market in November 2017, the four days less than November 2016. Additionally, active listings increased 17.7 percent to 2,065 listings during the same time frame.

November 2017 Statistics At-A-Glance

  • 992 – Homes sold in November 2017, 14.3 percent more than November 2016.
  • $207,750 – Median price in November 2017, 9.3 percent more than November 2016.
  • 2.0 – Monthly housing inventory in November 2017, 0.3 months more than November 2016.
  • 36 – Average number of days homes spent on the market in November 2017, four days less than November 2016.
  • 2,065 – Active home listings on the market in November 2017, 17.7 percent more than November 2016.