Fort Worth Housing Market Update - August 2022

by Don Dowell

Things have definitely slowed down in the Fort Worth market. There is more inventory and you can get some great deals from builders as well as negotiate seller concessions on pre-owned homes.

The median home price in August in Fort Worth was $350,000. This is down from $367,000 in May, but still a 15.4 percent increase from August of 2021 – well above the normal amount of year-over-year appreciation.

 

The inventory landscape continued to improve, climbing to 1.9 months in Tarrant County, 2.9 months in Johnson County, and 3.3 months in Parker County. Historically a normal market is 6 months supply. 

You can read more here - https://www.gfwar.org/news/august-2022-housing-report

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