Fort Worth Real Estate Market Update Q3 2023

Hello, Fort Worth community and prospective buyers in North Texas! This is your local realtor, Shaun Keith-Lewis, bringing you the latest scoop on the real estate market trends in our vibrant city for the 3rd quarter of 2023.

The Fort Worth real estate market has been bustling with activity, reflecting a robust and dynamic landscape.

Here’s a snapshot of the key metrics that shaped the Fort Worth, Texas housing market in the past quarter:

Fort Worth Property Availability:

  • Total Properties: 298,052
  • Median Bedrooms: 3
  • Median Bathrooms: 2

Fort Worth, Texas 2023 Market Activity:

  • Homes Sold: So far in 2023, a total of 826 homes have been sold in Ft Worth, reflecting a vibrant market with a steady pace of transactions.
  • Homes Listed: At the end of Q3 there were 2,507 homes listed on the market in Ft Worth, offering a diverse range of options for potential buyers.

      Fort Worth Home Ownership:

      • The owner-occupied ratio stands at approximately 69%, indicating a strong sense of community and stability in our neighborhoods.

      Fort Worth Homes Living Space:

      • The average living area is around 2,145 square feet, with a median living area of 1,756 square feet, offering ample space for families to thrive.

      Fort Worth Home Pricing Trends:

      • The median estimated price of properties is about $323,802, showcasing a healthy and accessible market for both buyers and sellers.
      • The median price per square foot is approximately $182, reflecting a competitive market value.

      Fort Worth Homes Average Lot Size:

      • The average lot size is around 0.95 acres, with a median lot size of 0.165 acres, providing a blend of spacious and cozy outdoor environments.

      Fort Worth Homes Common Amenities:

      • About 5.5% of properties boast a pool, perfect for beating the Texas heat.

      Fort Worth continues to be a desirable place for homeowners and investors alike. The market trends exhibit a balanced and flourishing real estate environment, making it an opportune time for both buying and selling.

      Whether you are looking to buy, sell, or simply stay updated on the Fort Worth real estate market, feel free to reach out. I am here to assist you in navigating the market with confidence and ease.

      Stay tuned for more updates as we venture into the final quarter of 2023.

      Happy House Hunting, Your Trusted Fort Worth Realtor

      Looking for homes in North Texas? Browse the latest Fort Worth homes for sale and get in touch with Shaun Keith-Lewis for personalized guidance.

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