The Bow Tie Realtor will successfully predict tasty 2019 happenings in Tarrant County … buckle up

Before we look into the crystal ball for 2019, let’s take a quick look at the Bow Tie Realtor 2018 Tarrant County Predictions.

Prediction No. 1: Median Sales Price Will Rise

Correct Prediction — According to The Real Estate Center at Texas A&M University, the median sales price in 2017 for Tarrant County was approximately $217,000.  The median sales price for Tarrant County in 2018 thus far shows to be $229,500.  (Note: Stats for December 2018 have not yet been published.)

Sales in the Tarrant County luxury home market were fewer and further between…but they still happened

Prediction No. 2: The Luxury Market Will Be Slower

Sort of Correct Prediction — Statistics show that the average days on market for luxury homes priced $750,000 and above were about the same from 2017 to 2018.  Ask any real estate agent in the with knowledge of that market and they’ll tell you sales definitely took longer.  It felt that homes took an eternity to sell and went through a number of price reductions.

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