Forney Real Estate Market Continues Weakening in Contracts

Sales fell in the Forney market to 37 homes sold over the last 30 days. It's also under an established downward trend in the number of contracts closing, with this week's number falling to 44. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. Prices are rising in Forney, and the median sales price this period increased from $219,000 to $224,900. In spite of contracts trending lower, there are only three months of inventory available, which signals that Forney is a still seller's market.

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Demographic facts about Forney:

  • The average elevation is 468 feet.
  • The median income is $63,152 per household.
  • The student per counselor ratio in this area is 477:1. (513:1 = national average)

Data reported through 10/12/2016

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Dallas City Center Realtors
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