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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