What does the next year hold for the Fort Worth housing market? Analysts report a positive outlook with 2018 continuing the trend of the last few years as one of the strongest markets in the United States. Prices are projected to rise along with sales as new and existing homes will continue to be in high demand.
Seeming to follow that prediction, Fort Worth home sales raised more than 18 percent to 749 homes in January 2018. And the median price for Fort Worth homes increased 9 percent year-over-year to $206,000 in January 2018. Like the past year, the monthly housing inventory in Fort Worth Fort Worth’s was 1.6 months in January 2018. And homes spent an average of 45 days on the market in January 2018, similar to January 2017. A few other statistics:
- 749 – Homes sold in January 2018, 18.1 percent more than January 2017.
- 1.6 – Monthly housing inventory in January 2018, the same as January 2017.
- 1,716 – Active home listings on the market in January 201 – 6.9 percent more than January 2017.
- 45 – Days on the market
- 32 – Days to close.