December 2020 Housing Report
A new house was on the Christmas wish list for a lot of families, as the December Housing Report showed continued increased closed sales through the end of 2020. Pent-up demand led to a 23.4 percent increase year-over-year in Fort Worth and surrounding area home purchases, even as housing prices continued to rise. The median price for Fort Worth and surrounding area homes is now $258,900.
“December 2020 closed out what has turned into one of the most memorable years in real estate for our members,” said Elizabeth McCoy, 2021 President of the Greater Fort Worth Association of REALTORS. “Tight inventory was already a factor at the start of the year, and the continued high demand combined with the slow down due to the holidays led to historically low levels of available homes in December.”
AT-A-GLANCE, here are the Housing Report Numbers for Johnson County, Tarrant County, and Parker County…