Top Large Teams in Fort Worth, Texas – Ranked by Volume
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Rank – City Volume | Team Name | Company | Location | Volume | Profile |
---|---|---|---|---|---|
1 | Zang Adams Team | Compass | Fort Worth, TX | $53,694,895 | View Profile |
2 | The Kirk McDonald Group | Compass | Fort Worth, TX | $52,445,645 | View Profile |
3 | Social Realty Group | Compass | Fort Worth, TX | $33,346,979 | View Profile |
2023 Fort Worth, Texas Housing Market Summary
Fort Worth, Texas started 2023 with a total of 1,477 single-family homes on the market, with a median home price of $343,000 and an average price per square foot of $191. By the end of the year, inventory had increased to 1,890 homes on the market (+27%), with a median home price of $330,000 (-3%) and an average price per square foot of $201 (+5%).
At the start of 2023, the median days on market (DOM) was 63 days – by the end of the year, median DOM had decreased to 56 days.
Fort Worth started the year with 54% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 46% of Fort Worth homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that Fort Worth started 2023 as a strong seller’s market, with an MAI score of 45; by the end of the year, the MAI had dropped to 43 – a slight seller’s advantage.
This market summary is powered by Altos Research – click here to run a free report for your area.
Real Estate News
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Keller Williams rescinds changes to its profit-sharing program
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Donald R. Horton, founder of the largest U.S. homebuilder, dies
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Housing Market News
New homes account for one in three homes for sale: Redfin
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New listings data falls for third week in a row
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Sun Belt cities lead the way for new home sales
May 16, 2024 -
Higher rates are impacting future housing production
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Builders are pulling back on single-family home construction
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Frequently Asked Questions
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How are real estate transaction sides defined?
A transaction side represents one side of a transaction: the buyer side or the seller side. If an agent represents both the buyer and the seller, the transaction side is counted twice.
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How is real estate sales volume defined?
Real estate sales volume is defined as the total dollar value of all real estate transactions facilitated by an agent or a brokerage. This encompasses the sum of the sale prices of all properties sold, and not the profit or commission made from these sales.
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What are the classifications of team size?
Small: 2-5 licensed agents
Medium: 6-10 licensed agents
Large: 11-20 licensed agents
Mega: 21+ licensed agents
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What time period is the data used in the rankings from?
The RealTrends Agent Rankings reflect the previous calendar year. For example, the 2023 rankings show data from calendar year 2022.
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Additional questions?
View the full Rankings FAQ page here.
Agent News
Opinion: Navigating buyer agent compensation
May 20, 2024By integrating compensation terms in purchase offers, both buyer and seller agents can facilitate fair negotiations and support buyers with limited resources.
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NAR board votes to leave dues unchanged in 2025
May 10, 2024 -
Special report: The brokerages gaining or losing market share in Dallas
Apr 24, 2024 -
Tom Ferry launches AI coaching chatbot TomAI
Apr 23, 2024 -
California Association of Realtors CEO resigns
Apr 21, 2024 -
Brian Icenhower on impact of commission lawsuits and low volume
Apr 19, 2024 -
Real estate agents, are you a text offender?
Apr 16, 2024 -
The ‘double-edged sword’ of dual licensing
Apr 16, 2024