Reata Realty Group Market Report

Fort Worth, TX

Single-Family Homes

Donnie Keller/Broker Owner | Call or Text 817-932-4900 | donniekeller@reatatrealty.net



Fort Worth, TX

Sun Aug 01 2021
This week the median list price for Fort Worth, TX is $339,900 with the market action index hovering around 84. This is less than last month's market action index of 88. Inventory has increased to 1,010. Click here to stay informed with the Fort Worth market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Fort Worth, TX

Sun Aug 01 2021
This week the median list price for Fort Worth, TX is $339,900 with the market action index hovering around 84. This is less than last month's market action index of 88. Inventory has increased to 1,010. Click here to stay informed with the Fort Worth market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Fort Worth market.
Median List Price $339,900
Median Price of New Listings $292,500
Per Square Foot $171
Average Days on Market 35
Median Days on Market 14
Price Decreased 27%
Price Increased 7%
Relisted 3%
Inventory 1,010
Median Rent $1,850
Market Action 84
Strong Seller's Market

Prices appear to be hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$579,950 3,059 0.25 - 0.5 acre 4 3 16 46 34 28
$385,000 2,179 4,500 - 6,500 sqft 4 2 7 67 49 14
$299,000 1,821 6,500 - 8,000 sqft 3 2 20 95 93 14
$229,900 1,438 6,500 - 8,000 sqft 3 2 55 122 102 7