"Active listings in Fort Worth reached 2,326 in February, up 3.6% year-over-year, while new listings exploded 16.3%, nearly seven times the national growth rate of 2.4%. This flood of new supply is outpacing buyer absorption, which means inventory keeps climbing."
"A striking 21.4% of active listings carried price reductions, well above the national average of 15.5%. Sellers who swung for the ceiling on price were frequently forced to cut, making a strong case for pricing right the first time."
"Well-priced homes in Fort Worth are still moving, with the median days on market at 56 days in February, about two days faster than a year ago, and two full weeks quicker than the national median of 70 days."
Fort Worth's real estate market is experiencing significant growth, with active listings increasing by 3.6% year-over-year and new listings surging by 16.3%. Buyers now have more choices, as inventory continues to rise. Despite a median list price of $344,000, over 21% of active listings have seen price cuts, indicating that sellers must price their homes correctly to attract buyers. Homes in Fort Worth are selling faster than the national average, with a median of 56 days on the market, encouraging prompt action from buyers.
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