Fort Worth home sales up 6.2 percent
FORT WORTH – Local home sales increased 6.2 percent to 1,129 homes, according to the Greater Fort Worth Association of Realtors' March 2019 Housing Report. The data came from the Real Estate Center and Texas Realtors.
The median home price increased 4.1 percent year-over-year to $228,900.
Homes spent an average of 49 days on the market, five days more than March 2018, and active listings increased 26.8 percent to 2,360 listings.
The area’s monthly housing inventory was 2.2 months in March, half a month more than in March 2018. The Center considers six to 6.5months of inventory a balanced market.
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