October 2009 has marginal gains in Fort Worth real estate market
December 1, 2009
There were 833 homes sold in October 2009 in Fort Worth. This isn’t a particularly great number and July 2009 had more, but it does offer some hope. This is the first “one year percentage” gain in the past two years. Fort Worth’s home sales jumped 8 percent from October 2008’s 773 sales. There is still a 10 percent loss from two years ago, but this is also the lowest 2 year loss all year.
| ear | 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 | Jan | 727 | 127,900 | 109,700 | 5,837 | 8.028 | |||||
| 2007 | Feb | 865 | 134,100 | 114,000 | 6,003 | 6.939 | |||||
| 2007 | Mar | 1,091 | 130,300 | 114,500 | 6,372 | 5.84 | |||||
| 2007 | Apr | 946 | 144,100 | 117,800 | 6,433 | 6.8 | |||||
| 2007 | May | 1,136 | 148,600 | 123,500 | 6,454 | 5.681 | |||||
| 2007 | Jun | 1,119 | 141,300 | 119,200 | 6,465 | 5.777 | |||||
| 2007 | Jul | 1,104 | 154,300 | 124,100 | 6,499 | 5.886 | |||||
| 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 | 773 | -0.16 | 135,800 | -0.08 | 111,800 | -0.04 | 4,934 | -0.2 | 6.382 | |
| 2008 | Nov | 505 | -0.36 | 132,100 | -0.07 | 112,500 | -0.05 | 4,847 | -0.18 | 9.598 | |
| 2008 | Dec | 626 | -0.21 | 138,100 | -0.02 | 110,200 | -0.08 | 4,482 | -0.19 | 7.159 | |
| 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 | 684 | -0.19 | -0.37 | 138,600 | -0.04 | 109,200 | -0.06 | 4,872 | -0.13 | 7.122 |
| 2009 | Apr | 684 | -0.25 | -0.28 | 135,900 | -0.03 | 112,200 | -0.02 | 4,843 | -0.13 | 7.08 |
| 2009 | May | 777 | -0.23 | -0.32 | 139,200 | -0.12 | 112,600 | -0.09 | 4,849 | -0.11 | 6.24 |
| 2009 | Jun | 791 | -0.21 | -0.29 | 150,600 | -0.01 | 118,900 | -0.01 | 4,563 | -0.16 | 5.768 |
| 2009 | Jul | 879 | -0.08 | -0.2 | 140,700 | -0.05 | 118,200 | -0.02 | 4,607 | -0.16 | 5.241 |
| 2009 | Aug | 771 | -0.16 | -0.34 | 146,100 | 0 | 117,500 | -0.03 | 4,686 | -0.11 | 6.077 |
| 2009 | Sep | 722 | -0.15 | -0.17 | 136,800 | -0.03 | 112,000 | -0.04 | 4,589 | -0.1 | 6.355 |
| 2009 | Oct | 833 | 0.08 | -0.1 | 131,200 | -0.03 | 112,300 | 0 | 4,488 | -0.09 | 5.387 |
| 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 |
Home prices are not making great strides, but they are not faltering either. The average home price shows only a 3 percent drop from October 2008’s $135,800. The median home price is the same this October as last October’s $112,300.
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