In May, home prices rose moderately from the month before, with a median listing price of $354,500.
The number of listings on the market grew 9.3%, which is a bigger increase than normal for this time of the year in Fort Worth, and homes are also selling slower than at the same time last year.
Home prices in Fort Worth
Typically, home price per square foot in Fort Worth tend to rise in May. But the most recent data shows that the price per square foot decreased by 0.4% compared with the month before.
So, how does this compare with the rest of the U.S.? Nationally, home price per square foot increased 0.5%, which means price changes in Cowtown are lagging behind the national market…