In Fort Worth, Keller Williams Realty has determined that homes over $500k list price is the basis for luxury properties in this area. With that in mind, I did some research in the Multiple Listing System and formulated the table below which shows some interesting statistics for all luxury properties located throughout Tarrant County:
587 properties sold in the last 12 months -
| Average sold price ~ $771,441 |
Average Days on Market ~ 124 |
| Average Year Built ~ 1997 |
Average Sq. Ft ~ 4866 |
| Average Land sq. ft ~ 67375 |
Average Sold Price Per Ft ~ $159 |
The lowest sales price was $387,500 and the highest was $3,949,000. Yes, the lowest sales price is below the $500,000 basis. However, that is because the sales price was significantly lower than the list price.
These properties lie within the following cities and communities within Tarrant County:
Southlake
Westlake
Westover Hills
Colleyville
Arlington
Fort Worth
Haslet
Keller
Kennedale
Mansfield
North Richland Hills
Dalworthington Gardens
More information may be found on luxury homes at http://christiangroup.yourkwagent.com or on this site at our Featured Luxury Homes page.
