"In October, home prices remained unchanged from the month before, with a median listing price of $345,000. The number of listings on the market shrank 2.6% from last month, which is a bigger decrease than normal for this time of the year in Fort Worth, and homes are also selling slower than at the same time last year."
"Typically, home price per square foot in Fort Worth tend to rise in October. And the most recent data shows that the price per square foot remained practically unchanged compared with the month before. So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 0.8%, which means price changes in Cowtown are outpacing the national market."
"In October, there were 2,885 homes for sale in Fort Worth, which was 2.6% less than the month before and 7.1% more than the same time last year. Meanwhile, active inventory across the nation remained practically unchanged from last month to 1,100,001. The number of new listings in Fort Worth was 872, which was 1.6% less than the month before and 8.6% less than the same time last year. Nationally, the number of new listings fell by 2.7% from last month to 384,264."
In Fort Worth, the median listing price in October was $345,000, unchanged from the previous month. Inventory measured 2,885 homes for sale, a 2.6% monthly decline but a 7.1% increase year-over-year. New listings totaled 872, down 1.6% month-over-month and 8.6% year-over-year. Price per square foot in Fort Worth remained essentially flat in October, while nationally price per square foot fell 0.8%, indicating Fort Worth outpaced the national change. Homes averaged 63 days on the market in October, three days more than the prior month and ten days more than the same month last year.
Read at SFGATE
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