New Downward Trend in Contracts for North Richland Hills Real Estate Market

The North Richland Hills market saw 58 homes go under contract and failed to break out of a determined downward trend. Along with that, total home sales fell to 70 over the last 30 days. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. Perhaps due to the contracts numbers, months of inventory is on a four-week upswing, this week hitting three months. With inventory at such low levels, North Richland Hills is still a seller's market, even after taking into consideration the falling contracts numbers.

Any of these new listings in North Richland Hills could be your dream home, so be sure to check them out:

$169K   $136K   $220K  

Get started right now by checking out North Richland Hills homes for sale or reviewing North Richland Hills real estate trends.

Demographic facts about North Richland Hills:

  • The rating for this area for population growth is 76. (Scale: 1 = Worst, 100 = Best)
  • You can expect to pay property taxes at a rate of $19.87/$1,000.
  • The area's commuter length breakdown is: <15 min (21.5%), 15-29 min (38.8%), 30-44 min (24.5%), 45-59 min (8.2%), >60 min (7.1%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Justin Henry Real Estate Advisors LLC
43 reviews
Keller Williams
Snapped 3 homes in this area
Rockin H Realty
Snapped 2 homes in this area

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