1 year sales and prices up for Fort Worth housing market

December 30, 2009

The 693 sales Fort Worth had in November 2009 were an increase of 37 percent from last November’s 506.  This is the lowest number of sales since April’s 685.  The sales are also lagging when the two year picture is reviewed.  There were 795 houses sold in November 2007.  This is 13 percent more than November 2009.

Year Month House Sales 1 Yr Change 2 Yr Change Average Home Price % Price Change Median Home Price % 1 Yr Change Active Listings % 1 Yr Change Months of Inventory
2007 Nov 795 142,300 118,600 5,930 7.459
2007 Dec 789 141,300 119,600 5,509 6.982
2008 Jan 600 -0.17 128,200 0 113,300 0.03 5,555 -0.05 9.258
2008 Feb 765 -0.12 137,900 0.03 115,700 0.01 5,554 -0.07 7.26
2008 Mar 849 -0.22 144,000 0.11 116,300 0.02 5,602 -0.12 6.598
2008 Apr 907 -0.04 139,900 -0.03 114,700 -0.03 5,594 -0.13 6.167
2008 May 1,010 -0.11 157,700 0.06 123,600 0 5,478 -0.15 5.423
2008 Jun 997 -0.11 152,200 0.08 120,700 0.01 5,418 -0.16 5.434
2008 Jul 958 -0.13 147,400 -0.04 120,000 -0.03 5,467 -0.16 5.706
2008 Aug 916 -0.22 146,200 -0.02 120,800 -0.01 5,252 -0.17 5.733
2008 Sep 854 -0.02 141,200 -0.02 116,900 -0.02 5,120 -0.19 5.995
2008 Oct 773 -0.16 135,800 -0.08 111,800 -0.04 4,934 -0.2 6.382
2008 Nov 506 -0.36 132,000 -0.07 112,300 -0.05 4,847 -0.18 9.579
2008 Dec 626 -0.21 138,100 -0.02 110,200 -0.08 4,482 -0.19 7.159
2009 Jan 462 -0.23 -0.36 125,100 -0.02 103,800 -0.08 4,705 -0.15 10.183
2009 Feb 511 -0.33 -0.41 132,900 -0.04 109,400 -0.05 4,803 -0.14 9.399
2009 Mar 684 -0.19 -0.37 138,600 -0.04 109,200 -0.06 4,872 -0.13 7.122
2009 Apr 685 -0.24 -0.28 135,900 -0.03 112,300 -0.02 4,843 -0.13 7.07
2009 May 781 -0.23 -0.31 139,100 -0.12 112,600 -0.09 4,849 -0.11 6.208
2009 Jun 791 -0.21 -0.29 150,600 -0.01 118,900 -0.01 4,563 -0.16 5.768
2009 Jul 881 -0.08 -0.2 140,900 -0.04 118,400 -0.01 4,607 -0.16 5.229
2009 Aug 775 -0.15 -0.34 146,000 0 117,500 -0.03 4,686 -0.11 6.046
2009 Sep 728 -0.15 -0.16 136,800 -0.03 112,300 -0.04 4,589 -0.1 6.303
2009 Oct 802 0.04 -0.13 129,600 -0.05 112,200 0 4,488 -0.09 5.596
2009 Nov 693 0.37 -0.13 144,400 0.09 113,600 0.01 4,472 -0.08 6.453
Year Month House Sales 1 Yr Change 2 Yr Change Average Home Price % Price Change Median Home Price % 1 Yr Change Active Listings % 1 Yr Change Months of Inventory

The prices showed a one year increase, too.  The average price increased a healthy 9 percent to $144,400.  The median home price was only one percent higher than the $112,300 in 2008 at $113,600.

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