Fort Worth market shows minimal February improvements

April 18, 2010

The 538 homes sold in Fort Worth during February were 5 percent above the 512 from last February.  This is still not approaching the 765 sold in 2008.

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 780 -0.15 -0.33 146,000 0 117,800 -0.02 4,686 -0.11 6.007 2009 Sep 738 -0.14 -0.15 136,400 -0.03 112,200 -0.04 4,589 -0.1 6.218 2009 Oct 840 0.09 -0.09 130,400 -0.04 113,200 0.01 4,488 -0.09 5.342 2009 Nov 748 0.48 -0.06 143,600 0.09 114,700 0.02 4,472 -0.08 5.978 2009 Dec 622 -0.01 -0.21 136,200 -0.01 112,100 0.02 4,386 -0.02 7.051 2010 Jan 453 -0.02 -0.25 123,900 -0.01 103,400 0 4,551 -0.03 10.046 2010 Feb 538 0.05 -0.3 125,700 -0.05 106,000 -0.03 4,613 -0.04 8.574 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 are a little better than January, but not approaching 2009’s prices.  The average price was $125,700, which is 5 percent lower than last year.  The median home price was $106,000, which was 3 percent lower than last year.

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