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September 2016 Real Estate Stats for Northeast Tarrant County

September 2016 Real Estate Stats for Northeast Tarrant County

september 2016

The Real Estate Center at Texas A&M University have released September 2016’s real estate figures!

We’ve rounded up the real estate figures for ColleyvilleGrapevineKellerSouthlake, and surrounding NE Tarrant County towns. Here’s how things are shaping up.

Since last month, home prices have mostly declined except for in EulessGrapevine and North Richland Hills. Overall, the cities whose home prices have declined, the days on market dropped and the number of sales have also decreased. This is showing how much prices rose this year and that buyers were unwilling to make the move for the price. It also reflects the slower fall season when fewer people are moving.

Looking at this time last year, home prices are still mostly on the rise along with the number of home sales while days on market have lessened. However, the months inventory have increased, slowly rising to a balanced market.

If you don’t see your city or if you’re curious to know what the potential value of your home is based off of September 2016 real-time home sales in your neighborhood, visit www.WonderWhatMyHomesWorth.com. As always, we are available to answer any real estate questions that you may have!

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