Real Estate Market Report: Fort Worth Texas Zip Code - 76109

Real Estate Market Report: Fort Worth Texas Zip Code - 76109

FYI: This zip code/neighborhood is basically all around Texas Christian University (TCU) in the near southwest side of Fort Worth. 

Custom developed data for the following interested parties: 

• Folks looking to purchase - potentially in this zip code.
• Neighbors thinking about selling.
• Neighbors just wanting to know about the current market in their neighborhood.
• Etc. 

Please find below THE SOLD STATISTICS for zip code 76109 in Fort Worth, Texas:

• These stats cover the period from June 21, 2010 through August 31, 2010.
• Selling almost 22 homes per month.
• With 161 currently Active homes in the MLS in 76109, this represents an absorption rate of about 8. Call me if you want to know what this means.
• It's also interesting to note, the average home sold was about:
  • 2,422 sq. ft.
  • 3 bedrooms.
  • 2 baths.
  • Sold for almost $320,529 and about $132/sq. ft. 
  • Was on the market for about 87days before getting a contract.
  • The sales price to list price ratio was about 95%.
  • Not bad stats for a "down" market favoring buyers.

 Sold Statistics Table: 

If you'd like more information on this or other areas of Fort Worth/Arlington, please don't hesitate to call or email me.

Your friend in Fort Worth/Arlington,

Kent