Fort Worth’s March hints at recovery

May 9, 2010

Fort Worth had 751 home sales in March 2010.   It is the highest number of sales for the quarter.  It is 10 percent higher than March 2009’s 684, but 12 percent lower than March 2008’s 849, which is why it’s only a hint.  It’s the highest price seen since October 2009.

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 686 -0.24 -0.27 135,700 -0.03 112,200 -0.02 4,843 -0.13 7.059
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 739 -0.13 -0.15 136,300 -0.03 112,200 -0.04 4,589 -0.1 6.209
2009 Oct 844 0.09 -0.09 131,300 -0.03 113,400 0.01 4,488 -0.09 5.317
2009 Nov 750 0.48 -0.06 143,500 0.09 114,700 0.02 4,472 -0.08 5.962
2009 Dec 627 0 -0.21 136,400 -0.01 112,400 0.02 4,386 -0.02 6.995
2010 Jan 457 -0.01 -0.24 123,200 -0.01 102,700 -0.01 4,551 -0.03 9.958
2010 Feb 529 0.03 -0.31 127,900 -0.04 107,800 -0.01 4,613 -0.04 8.72
2010 Mar 751 0.1 -0.12 140,800 0.02 115,700 0.06 4,720 -0.03 6.284
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 offering the same hint.  The average home price was 2 percent higher than last March at $140,800.  It’s the highest price in six months.  The median home price was $115,700, which is 6 percent higher than last year and the highest price since October.

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