Fort Worth 1 year change in sales continues to post big losses
June 28, 2009
Fort Worth’s 746 home sales in May 2009 were the lowest May sales since May 2003. It was a 26 percent drop from last May’s 1,009 and a 34 percent drop from May 2007’s 1,136 sales.
| 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 | Jan | 727 | 127,900 | 109,700 | 5,837 | 8.028 | |||||
| 2007 | Feb | 865 | 134,100 | 114,000 | 6,003 | 6.939 | |||||
| 2007 | Mar | 1,091 | 130,300 | 114,500 | 6,372 | 5.84 | |||||
| 2007 | Apr | 946 | 144,100 | 117,800 | 6,433 | 6.8 | |||||
| 2007 | May | 1,136 | 148,600 | 123,500 | 6,454 | 5.681 | |||||
| 2007 | Jun | 1,119 | 141,300 | 119,200 | 6,465 | 5.777 | |||||
| 2007 | Jul | 1,104 | 154,300 | 124,100 | 6,499 | 5.886 | |||||
| 2007 | Aug | 1,169 | 149,200 | 122,200 | 6,355 | 5.436 | |||||
| 2007 | Sep | 868 | 143,400 | 119,500 | 6,339 | 7.302 | |||||
| 2007 | Oct | 923 | 148,200 | 116,800 | 6,142 | 6.654 | |||||
| 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 | 1,009 | -0.11 | 157,700 | 0.06 | 123,600 | 0 | 5,478 | -0.15 | 5.429 | |
| 2008 | Jun | 996 | -0.11 | 152,300 | 0.08 | 120,800 | 0.01 | 5,418 | -0.16 | 5.439 | |
| 2008 | Jul | 958 | -0.13 | 147,400 | -0.04 | 120,000 | -0.03 | 5,467 | -0.16 | 5.706 | |
| 2008 | Aug | 915 | -0.22 | 146,200 | -0.02 | 120,900 | -0.01 | 5,252 | -0.17 | 5.739 | |
| 2008 | Sep | 851 | -0.02 | 141,300 | -0.01 | 117,000 | -0.02 | 5,120 | -0.19 | 6.016 | |
| 2008 | Oct | 765 | -0.17 | 135,300 | -0.09 | 111,500 | -0.05 | 4,934 | -0.2 | 6.449 | |
| 2008 | Nov | 503 | -0.37 | 131,600 | -0.08 | 112,200 | -0.05 | 4,847 | -0.18 | 9.636 | |
| 2008 | Dec | 622 | -0.21 | 138,300 | -0.02 | 110,500 | -0.08 | 4,482 | -0.19 | 7.205 | |
| 2009 | Jan | 458 | -0.24 | -0.37 | 125,000 | -0.02 | 103,500 | -0.09 | 4,705 | -0.15 | 10.272 |
| 2009 | Feb | 505 | -0.34 | -0.42 | 132,400 | -0.04 | 109,500 | -0.05 | 4,803 | -0.14 | 9.51 |
| 2009 | Mar | 671 | -0.21 | -0.38 | 139,400 | -0.03 | 109,400 | -0.06 | 4,872 | -0.13 | 7.26 |
| 2009 | Apr | 649 | -0.28 | -0.31 | 136,300 | -0.03 | 110,700 | -0.03 | 4,843 | -0.13 | 7.462 |
| 2009 | May | 746 | -0.26 | -0.34 | 142,200 | -0.1 | 113,800 | -0.08 | 4,849 | -0.11 | 6.5 |
Neither the average nor the median price of homes increased from last May either. The average price of homes was down 10 percent from May 2008 to $142,200 from $157,700, and the median price was down 8 percent to $113,800. This was the worst May for median prices since 2005, and since 2006 for average prices.
There was also an 11 percent drop in the number of active listings. May 2009 had 4,849 active listings. It was the lowest number of May listings since 2004.
Fort Worth Real Estate Market Still Down for April
June 7, 2009
Home Sales have been released for the Fort Worth real estate market for April. There were 679 sales in April. This is down 25 percent from 2008 and down 28 percent from 2007. If you havn’t guessed yet this means we are not out of the real estate slump yet. Average prices were down 3 percent. While home owners never like to see falling prices this is somewhat better than the national average.
| 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 | Jan | 727 | 127,900 | 109,700 | 5,837 | 8.028 |
| 2007 | Feb | 865 | 134,100 | 114,000 | 6,003 | 6.939 | |||||
| 2007 | Mar | 1,091 | 130,300 | 114,500 | 6,372 | 5.84 | |||||
| 2007 | Apr | 946 | 144,100 | 117,800 | 6,433 | 6.8 | |||||
| 2007 | May | 1,136 | 148,600 | 123,500 | 6,454 | 5.681 | |||||
| 2007 | Jun | 1,119 | 141,300 | 119,200 | 6,465 | 5.777 | |||||
| 2007 | Jul | 1,104 | 154,300 | 124,100 | 6,499 | 5.886 | |||||
| 2007 | Aug | 1,169 | 149,200 | 122,200 | 6,355 | 5.436 | |||||
| 2007 | Sep | 868 | 143,400 | 119,500 | 6,339 | 7.302 | |||||
| 2007 | Oct | 923 | 148,200 | 116,800 | 6,142 | 6.654 | |||||
| 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 | 1,009 | -0.11 | 157,700 | 0.06 | 123,600 | 0 | 5,478 | -0.15 | 5.429 | |
| 2008 | Jun | 996 | -0.11 | 152,300 | 0.08 | 120,800 | 0.01 | 5,418 | -0.16 | 5.439 | |
| 2008 | Jul | 958 | -0.13 | 147,400 | -0.04 | 120,000 | -0.03 | 5,467 | -0.16 | 5.706 | |
| 2008 | Aug | 915 | -0.22 | 146,400 | -0.02 | 121,000 | -0.01 | 5,252 | -0.17 | 5.739 | |
| 2008 | Sep | 850 | -0.02 | 141,300 | -0.01 | 116,900 | -0.02 | 5,120 | -0.19 | 6.023 | |
| 2008 | Oct | 765 | -0.17 | 135,300 | -0.09 | 111,500 | -0.05 | 4,934 | -0.2 | 6.449 | |
| 2008 | Nov | 499 | -0.37 | 131,600 | -0.08 | 112,000 | -0.06 | 4,847 | -0.18 | 9.713 | |
| 2008 | Dec | 622 | -0.21 | 138,300 | -0.02 | 110,500 | -0.08 | 4,482 | -0.19 | 7.205 | |
| 2009 | Jan | 456 | -0.24 | -0.37 | 125,200 | -0.02 | 103,500 | -0.09 | 4,705 | -0.15 | 10.317 |
| 2009 | Feb | 495 | -0.35 | -0.43 | 131,600 | -0.05 | 108,700 | -0.06 | 4,803 | -0.14 | 9.703 |
| 2009 | Mar | 660 | -0.22 | -0.4 | 138,500 | -0.04 | 109,400 | -0.06 | 4,872 | -0.13 | 7.381 |
| 2009 | Apr | 679 | -0.25 | -0.28 | 136,400 | -0.03 | 111,100 | -0.03 | 4,843 | -0.13 | 7.132 |
| 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 |