Residential real estate in Fort Worth is showing signs of a more balanced market, with inventory levels rising and the dominance of sellers diminishing. According to the Greater Fort Worth Association of Realtors, the city had 4.1 months of housing inventory in August, up from 3.7 months during the same period last year. Inventory has been increasing steadily since 2022.
“Last year, we were still solidly in a seller’s market with low inventory. In some areas, we had less than a month inventory on the market,” said Paul Epperley, president of the Greater Fort Worth Association of Realtors.
Compared to other major Texas cities, Fort Worth’s housing market remains relatively stable. Tarrant County reported 3.9 months of inventory last month, while Dallas County reached 4.7 months and Texas overall stood at 5.5 months.
“Dallas had a little bit of an explosion of inventory in the second quarter this year,” Epperley said.
The number of active listings in Tarrant County increased by 11 percent year over year, and closings rose by 2 percent. In Aledo, a suburb west of Fort Worth, closings surged by 500 percent due to ongoing development at Walsh Ranch, which is expected to bring about 18,000 new homes when completed.
Colleyville saw one of the highest increases in average price per square foot—up by at least 11 percent—alongside the area that includes Meacham International Airport. Modest price gains occurred in Grapevine and east Keller to the north as well as Benbrook, Kennedale and Arlington to the south and east. Meanwhile, prices declined along Interstate 35 West from Burleson to west Keller and dropped sharply in downtown Fort Worth and Haltom City.
Other metropolitan areas in Texas are experiencing stronger trends toward buyer-friendly conditions. Austin recorded one of the highest seller-to-buyer ratios nationally this summer; its luxury and condo markets have seen particularly high inventories. In San Antonio, sales fell by 10 percent year over year in July as sellers have been slow to adjust their pricing expectations.
