REALTORS in Fort Worth Texas

Fort Worth home sales decreased, prices rise in December 2016

Greater Fort Worth Association of REALTORS® releases real estate statistics for December 2016

FORT WORTH, Texas – – Fort Worth home sales decreased 4.4 percent in December 2016 while home prices increased, according to the December 2016 Fort Worth housing market report released today by the Greater Fort Worth Association of REALTORS®.

“Decreased home sales are a common occurrence during the winter months, and December’s statistics reflected that. Inventory and sales were both down, while home prices continue upward, ” said Callen Miller, 2017 President of the Greater Fort Worth Association of REALTORS®. “A REALTOR® with GFWAR can help buyers and sellers determine what is best for them in this market.”

According to the report, 971 homes were sold in Fort Worth in December 2016, a 4.4 percent decrease from the year prior. The median price for Fort Worth homes increased 13.8 percent year-over-year to $196, 800 during the same time frame.