Chamberlain Arlington Heights, Fort Worth, Texas - Real Estate Market Report for April 2010
Area Brief:
Chamberlain Arlington Heights is just off the bricks of Camp Bowie on the west side Fort Worth and is just minutes from downtown. The convenient location also means Chamberlain Arlington Heights is close to dining, shopping, the Cultural District Museums, the University of North Texas Health Science Center, Texas Christian University (TCU), and major highways (I-30 and I-35).
Warning - All Real Estate Is Local:
As a buyer or seller in the Chamberlain Arlington Heights residential real estate market, it's important to be aware of current market conditions and recent trends in order to make the most informed decisions; most media reports focus on general/national market conditions and, therefore, will not provide the most accurate picture of the local Chamberlain Arlington Heights, Fort Worth, Texas real estate market.
Market Summary:
Homes sold = 10
There were 10 homes sold during the month of April (up from 5 in March 2010) and we're on the still on the annual and cyclical steady climb of home sales out of winter and into spring.
Pending sales = 7
There were also 7 pending sales at the time of this report which is a further indication of demand. There were only 6 pending sales last month (March 2010).
Active listings = 60
There were 60 homes for sale (active listings) on the market at the time of this report. Slightly down from the 61 last month. This indicates what they call a "balanced" supply of homes that would take about 6 months (60 actives divided by 10 solds) to clear the market at the current pace. That's way down from the 12 month supply last month. Real estate professionals generally consider 6 months supply of homes to indicate that there is equal pressure from both supply (sellers) and demand (buyers) that neither seller or buyer has the upper hand in negotiations. So, this is a good time to buy or sell in this market! What are you waiting for? Pick up the phone and call me! ;-)
Sold Statistics Table:
| SLD - 10 Properties Found | ||||||||
|
Square Feet |
Bedrooms | Full Baths | Half Baths | List Price | Sale Price | Price per Square Foot | Days on Market | |
| Min | 862 |
2 |
1 |
0 |
$15,000 |
$14,000 |
$12 |
14 |
| Avg | 1556 |
2 |
1 |
0 |
$184,779 |
$177,360 |
$113 |
97 |
| Max | 2317 |
4 |
3 |
0 |
$399,000 |
$395,000 |
$174 |
348 |
Links to previous Market Reports:
Chamberlain Arlington Heights, Fort Worth, Texas - Real Estate Market Report for March 2010
Chamberlain Arlington Heights, Fort Worth, Texas - Real Estate Market Report for February 2010
Chamberlain Arlington Heights, Fort Worth, Texas - Real Estate Market Report for January 2010
Statistics Disclaimer:
The above statistics were obtained via the North Texas Real Estate Information System (NTREIS). The data is believed to be reliable but is not guaranteed. Private sales are not included in these statistics.
Further Assistance:
If I can provide more information about Fort Worth and surrounding areas real estate, the housing market, or otherwise assist you, friends or family in a home search, please contact me by phone or text at (817) 495-8028 or email me at Kent@KentDills.com
Serving Fort Worth, Benbrook, Aledo, Arlington, Mansfield, Keller, NRH, Hurst, Euless, Bedford
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