Fort Worth closes year of poor sales with poor sales
February 5, 2010
December is a disappointment after two months of positive one year changes in Fort Worth’s real estate market. There were 585 new homes sold in December, which was 7 percent less than the 626 sold last December. It was also a far cry, to the tune of 26 percent, from the 789 sold in December 2007. The market has not sold so few homes since February 2009’s 512.
| 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 | 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 | 463 | -0.23 | -0.36 | 125,000 | -0.02 | 103,900 | -0.08 | 4,705 | -0.15 | 10.161 |
| 2009 | Feb | 512 | -0.33 | -0.41 | 132,900 | -0.04 | 109,400 | -0.05 | 4,803 | -0.14 | 9.38 |
| 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 | 793 | -0.2 | -0.29 | 150,600 | -0.01 | 119,000 | -0.01 | 4,563 | -0.16 | 5.754 |
| 2009 | Jul | 882 | -0.08 | -0.2 | 141,200 | -0.04 | 118,400 | -0.01 | 4,607 | -0.16 | 5.223 |
| 2009 | Aug | 777 | -0.15 | -0.34 | 145,900 | 0 | 117,500 | -0.03 | 4,686 | -0.11 | 6.03 |
| 2009 | Sep | 732 | -0.14 | -0.16 | 136,700 | -0.03 | 112,300 | -0.04 | 4,589 | -0.1 | 6.269 |
| 2009 | Oct | 825 | 0.07 | -0.11 | 130,200 | -0.04 | 112,600 | 0.01 | 4,488 | -0.09 | 5.44 |
| 2009 | Nov | 709 | 0.4 | -0.11 | 143,100 | 0.08 | 113,700 | 0.01 | 4,472 | -0.08 | 6.307 |
| 2009 | Dec | 585 | -0.07 | -0.26 | 139,000 | 0.01 | 115,000 | 0.04 | 4,386 | -0.02 | 7.497 |
| 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 |
Prices are looking up. December’s average home price was $139,000, which is slightly lower than November’s, but also 1 percent ahead of the $138,100 seen in December 2008. The median home price of $115,000 was 4 percent above December 2008 $110,200 and the highest posted since August 2009.
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