Keller - Roanoke - Northeast Fort Worth - July 2022

2022

REAL ESTATE EDITION

REAL ESTATE DATA

Data on the real estate market

ROANOKE

NORTHEAST FORT WORTH

2021-22 Keller, Roanoke, Northeast Fort Worth, Trophy Club and Westlake real estate market at a glance Home prices went up across all four ZIP codes in this area this past year while the number of homes sold went down, mostly due to the limited inventory. Homes that did sell also spent fewer days on the market compared with the previous year.

76177

114

76262 76244 76248

170

377

35W

COMPILED BY VALERIE WIGGLESWORTH

KELLER

SOURCES: GREATER FORT WORTH ASSOCIATION OF REALTORS COURTESY NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS, FREDDIE MACCOMMUNITY IMPACT NEWSPAPER

N

Average days on market

Number of homes sold

June 2020-May 2021

June 2021-May 2022

June 2020-May 2021

June 2021-May 2022

1,474

46

1,284

1,004

32

31

29

799

783

676

23

488

16

414

13

12

-15.16%

-12.89%

76248 -13.67%

-20.42%

76177

76244

76262

76177 -62.5%

76244 -43.48%

76248 -48.39%

-36.96%

76262

National mortgage rate data Mortgage rates steadily declined early in the pandemic with the 30-year xed-rate mortgage dropping to as low as 2.65% in January 2021. Rates have since increased, spiking to their highest point since 2009 as of late June. 30-year xed-rate mortgage 15-year xed-rate mortgage

Average home sales price

June 2020-May 2021

June 2021-May 2022

$299,900

76177

+28.38%

6%

$385,000

4.52% 5.27%

5%

$296,950

4.51%

76244

+26.28%

3.72%

$375,000

4%

2.65% 3.22%

$475,000

76248

+22.11%

3%

$580,000

3.99%

3.16%

2% 0 January 2019

2.16% 2.43%

$458,200

76262

+24.48%

$570,350

January 2020

January 2021

January 2022

14

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