Westcliff Subdivision, Fort Worth, Texas - Real Estate Market Report for June 2010

By
Real Estate Agent with Broker, Dills Real Estate

Westcliff Subdivision, Fort Worth, Texas - Real Estate Market Report for June 2010

      

Area Brief:

Westcliff Subdivision is on the west side Fort Worth and is just minutes from downtown.   The convenient location also means Westcliff is close to dining, shopping, Texas Christian University (TCU), the Cultural District Museums, the University of North Texas Health Science Center, and major highways (I-30 and I-35).

Warning - All Real Estate Is Local:

As a buyer or seller in the Westcliff 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 Westcliff, Fort Worth, Texas real estate market.

Market Summary:

Homes sold = 7

7 homes sold during the month of May is further proof that we're on the upward slope typical of the seasonal pickup experienced as we enter the spring months.  However, and frankly, it is a bit down from the 9 sales in Westcliff in May.  It's also a bit down from the 11 sales in June of last year - 2009!  But analysts attribute this to a lot of first-time buyers buying before April 30th, 2010 deadline for the tax credit that was expiring.

Pending sales = 5

There were also 5 pending sales at the time of this report which is an indication of further demand or backlog.  We had 5 pending sales last month. 

Expired listings = 2

There were 2 listings that expired during this month and this was 2 more than expired in April.

Sold Statistics Table:

SLD - 7 Properties Found

Square Feet

Bedrooms Full Baths Half Baths List Price Sale Price Price per Square Foot Days on Market
Min 1191
2
1
0
$135,000
$129,000
$72
4
Avg 2189
2
2
0
$259,671
$253,128
$115
72
Max 3420
3
3
1
$489,900
$480,000
$140
376
  

  

Previous Market Reports:

Westcliff, Fort Worth, Texas - Real Estate Market Report for May 2010 

Westcliff, Fort Worth, Texas - Real Estate Market Report for April 2010

 Westcliff, Fort Worth, Texas - Real Estate Market Report for March 2010

Westcliff, Fort Worth, Texas - Real Estate Market Report for February 2010

 Westcliff, 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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For Further Assistance:

If I can provide more information about real estate in general and the local housing market in particular in Fort Worth and the surrounding areas, or otherwise assist you, your 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

 Search For Homes In Fort Worth/Dallas

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Ambassador
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Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

I lived in a subdivision named Westcliff in the midwest (a little further north than TX) and the housing styles even looked the same!  Thanks for the walk down memory lane!

Jul 21, 2010 12:02 PM #1
Rainmaker
123,176
Kent Dills
Broker, Dills Real Estate - Bellingham, WA
Real Estate 817-495-8028, Bellingham, Washington

Thanks for stopping by and checking out my market update and commenting on the pic!  I hope those were good memories that were evoked!  ;-)

Jul 21, 2010 01:37 PM #2
Rainmaker
564,259
Chris Olsen
Olsen Ziegler Realty - Cleveland, OH
Broker Owner Cleveland Ohio Real Estate

Hi Kent -- I like the way you presented this and the part about everything being local, so important for buyers to understand.  How did you create these cool tables? 

Jul 23, 2010 03:39 PM #3
Rainmaker
123,176
Kent Dills
Broker, Dills Real Estate - Bellingham, WA
Real Estate 817-495-8028, Bellingham, Washington

Hey Chris,

Thanks for stopping by and checking out my version of a neighborhood market report.  This neighborhood being Westcliff in Southwest Fort Worth on the West side of TCU.

The table was simply "copied and pasted" out of my MLS.  Just ran a simple search using criteria to define the Westcliff subdivision, clicked the statistic button to summarize the data, and then "copied and pasted" the table data.  That's it!  Simple. 

Jul 25, 2010 02:23 AM #4
Rainmaker
272,675
Ross Quintana
Real E Smarter - Spokane, WA
Real E Smarter Real Estate Coach - 509-362-1966

Nice local market report. I think many people fail to see the power of local market updates.

Jul 27, 2010 05:15 AM #5
Rainmaker
123,176
Kent Dills
Broker, Dills Real Estate - Bellingham, WA
Real Estate 817-495-8028, Bellingham, Washington

Ross, thanks for stopping by and commenting.  Getting positive feedback from a pro marketer like you is SWEET!  Thanks much!

Jul 27, 2010 06:08 AM #6
Rainmaker
564,259
Chris Olsen
Olsen Ziegler Realty - Cleveland, OH
Broker Owner Cleveland Ohio Real Estate

Wow, very cool.  Simple is good, and the results are so professional looking.

Jul 28, 2010 03:52 PM #7
Rainmaker
123,176
Kent Dills
Broker, Dills Real Estate - Bellingham, WA
Real Estate 817-495-8028, Bellingham, Washington

@Chris, totally agree with your simple is good sentiment!  ;-)

Jul 28, 2010 03:57 PM #8
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Rainmaker
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Kent Dills

Real Estate 817-495-8028, Bellingham, Washington
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