Fort Worth Downtown Texas Real Estate Sales down 50% in November 2011

Fort Worth Downtown Texas Real Estate Sales were down 50% in November 2011 over the same month last year with 1 homes selling this month! For the year to date, overall home sales were at 13 homes sold, a 0% change from last year. Fort Worth Texas Real Estate total dollar volume of homes sold this month was $30,000 which is a -35% change from this month last year. For the 2011 year to date, the total dollar sales were at $252,421, which is a -37% change.

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New Fort Worth Downtown Texas Real Estate listings experienced a -25% change for the same period last year with 3 homes listed this month. For the year to date, overall home listings underwent a -53% change with 19 homes listed this year. Listings pending sales this month underwent a -75% change, with 1 homes contracted. Listings under contract for the year to date experienced a -32% change, with 13 homes under contract for this month.

The average sales price of Fort Worth Texas Real Estate was $30,000, a 29% change from this month last year. Overall, for the year, the average sales price was $19,417 , a -37% change. Sellers received 100% of their asking price this month, which is a 29% change from last year. For the year to date, sellers received 89% of their asking price, which is a -2% change. This month, homes spent an average of 78 days on the market until sold, which was a 255% change from last year. For the year to date, the average number of days on the market was 123, an overall change of 208%.

The current supply of active listings on the market this month was 13 homes. This is a change of -7% from the same month last year. For the year to date, the supply of active listings on the market was 12, which is a -25% change. This month there was a 10.4 months’ supply of homes on the market; this was a -20% change from last year. For the year to date, there was a 9.6 months’ supply of homes on the market, which is a -35% change from the same period last year. The average price per square foot was $24 this month; a 12% change from last year. For the year to date, the average price per square foot was $16, a change of -32%

Fort Worth Real Estate sales is known as Multiple Listing Service (MLS) area 101 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of November 2011. DFW Team Realty provides month reports on Fort Worth Real Estate Sales as well as Fort Worth Foreclosures, Fort Worth Short Sales, and Homes in Fort Worth. Please visit our website at DFWTeamRealty.com for the latest information on Fort Worth homes by price range and community. Search Fort Worth Real Estate at Homes in DFW

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