Residential real estate in Fort Worth is showing signs of shifting toward a more balanced market, with inventory levels rising and the dominance of sellers declining. According to data from the Greater Fort Worth Association of Realtors, the city had 4.1 months of housing inventory in August, up from 3.7 months a year earlier. Inventory has been on an upward trend 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 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.
Active listings in Tarrant County increased by 11 percent year over year, while closings rose by 2 percent.
In Aledo, a suburb west of Fort Worth, closings surged by 500 percent compared to last year due to ongoing construction at Walsh Ranch, which is expected to deliver about 18,000 homes upon completion.
Colleyville saw one of the highest increases in average price per square foot—up more than 11 percent—along with gains in the area that includes Meacham International Airport. Modest price growth was recorded in Grapevine and east Keller to the north as well as Benbrook, Kennedale and Arlington to the south and east. However, prices fell along Interstate 35 West from Burleson to west Keller and dropped sharply in downtown Fort Worth and Haltom City.
Other Texas metropolitan areas are experiencing even stronger shifts toward buyer-friendly conditions. Austin had one of the nation’s highest seller-to-buyer ratios this summer; its housing supply grew notably for luxury properties and condominiums. In San Antonio, where sellers have not adjusted their expectations as quickly as buyers would like, sales declined by 10 percent year over year in July.
