Fort Worth price distribution numbers reflect poor performance in 2009

February 12, 2010

The price distributions for Fort Worth’s real estate market tell one story: the market is down, way down. ┬áHomes under $39,999 experienced double digit increases in numbers sold, but the other price points all have negative growth. ┬áThe growth double digit in 70 percent of the cases, too.


Price Range Percent Distribution # of Sales
2008 2009e 2008 2009* Change
$29,999 or less 4.2 5 404 421 4.31%
30,000 – 39,999 2.9 4.2 279 354 26.90%
40,000 – 49,999 3.3 3.8 317 320 0.89%
50,000 – 59,999 3.6 4.1 346 346 -0.21%
60,000 – 69,999 4.7 4.2 452 354 -21.70%
70,000 – 79,999 5.6 5 539 421 -21.77%
80,000 – 89,999 6.3 6.8 606 573 -5.43%
90,000 – 99,999 7.4 7.4 712 624 -12.38%
Under 100k 38 40.5 3,655 3,413 -6.62%
100k – 119,999 14.1 14.4 1,356 1,214 -10.52%
120k – 139,999 13.3 13 1,279 1,096 -14.36%
140k – 159,999 8.7 7.6 837 641 -23.46%
100k – 160k 36.1 35 3,472 2,950 -15.05%
160k – 179,999 5.7 4.9 548 413 -24.68%
180k – 199,999 3.8 3.7 366 312 -14.69%
200k – 249,999 6.1 5.8 587 489 -16.69%
250k – 299,999 3.6 4 346 337 -2.65%
300k – 399,999 3.2 3.3 308 278 -9.64%
400k – 499,999 1.4 1.2 135 101 -24.90%
500k and more 2 1.7 192 143 -25.52%

Some higher priced homes represent more of the market than in 2008, but in terms of real homes sold, they still experienced negative growth.

Comments

Got something to say?

You must be logged in to post a comment.