August worst month of Fort Worth’s Real Estate market this summer
October 8, 2009
The were 756 home sales in Fort Worth during August 2009. This is the lowest number posted during the summer, down almost 100 from July and 33 from June, and the lowest since April. August continues the two year trend of home sales not meeting their previous year counterparts. August 2009 was 17 percent below August 2008 and 35 percent lower than August 2007, as seen below.
| Year | Month | Home Sales | One Year Percent Change | Two Year Percent Change | Average Price | One Year Percent Change | Median Price | One Year Percent Change | Active Listings | One Year Percent Change | Months of the Market |
| 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 | 1,010 | -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 | 772 | -0.16 | 135,800 | -0.08 | 111,800 | -0.04 | 4,934 | -0.2 | 6.391 | |
| 2008 | Nov | 505 | -0.36 | 132,100 | -0.07 | 112,500 | -0.05 | 4,847 | -0.18 | 9.598 | |
| 2008 | Dec | 625 | -0.21 | 138,100 | -0.02 | 110,100 | -0.08 | 4,482 | -0.19 | 7.171 | |
| 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 | 683 | -0.2 | -0.37 | 138,700 | -0.04 | 109,300 | -0.06 | 4,872 | -0.13 | 7.133 |
| 2009 | Apr | 682 | -0.25 | -0.28 | 136,000 | -0.03 | 112,200 | -0.02 | 4,843 | -0.13 | 7.101 |
| 2009 | May | 776 | -0.23 | -0.32 | 139,100 | -0.12 | 112,500 | -0.09 | 4,849 | -0.11 | 6.248 |
| 2009 | Jun | 789 | -0.21 | -0.29 | 150,700 | -0.01 | 118,900 | -0.01 | 4,563 | -0.16 | 5.783 |
| 2009 | Jul | 855 | -0.11 | -0.23 | 140,700 | -0.05 | 117,800 | -0.02 | 4,607 | -0.16 | 5.388 |
| 2009 | Aug | 756 | -0.17 | -0.35 | 146,900 | 0 | 116,300 | -0.04 | 4,686 | -0.11 | 6.198 |
The average home price climbed above July’s $140,700 to $146,900, which ties the average price from July 2008. The median price was $116,300, which is a 4 percent drop from July 2008.
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