Flower Mound Monthly Market Recap for February 2017

Nicole Smith Woodard
Published on March 2, 2017

Flower Mound Monthly Market Recap for February 2017

Flower Mound February 2017

Real estate activity for the Dallas/Fort Worth area has been breaking records for the past 4 years! What’s going on in Flower Mound right now?

Flower Mound is a fantastic community to Live, Work & Play!

 

 

 

 

 

 

 

http://www.flower-mound.com/MediaCenter.aspx?VID=Town-Matters-February-2017-133

 Flower Mound Texas Real Estate Activity For February 2017 vs. February 2016

  • 62 homes sold in February 2017 in Flower Mound, Texas.  This is 6 fewer homes than the 68 homes that closed in February 2016.
  • The average sale price for the homes that closed in February 2016 was $427,066.
  • The average sale price for the homes that closed in February 2017 was $375,923.
  • The average market time (aka Days on Market) for the homes that closed in February 2016 was 66 days.
  • The average market time (aka Days on Market) for the homes that closed in February 2017 was 41 days.
  • The total amount of volume for the homes that closed in February 2016 was $29,040,488.
  • The total amount of volume for the homes that closed in February 2017 was $23,307,226.

 

Homes Under Contract For February 2017

There were a total of 137 homes under contract or sale pending through February 28, 2017.  The average market time for these homes was 58 days.  The average list price for the homes under contract was $461,839.

Current Flower Mound Texas Homes For Sale Inventory Levels

There are currently 154 homes on the market in Flower Mound.  The average list price is $802,599.  The average market time for these homes is 116 days.  The market absorption rate as of February 28, 2017 was 2.5.  This means that if no other homes came on the market in Flower Mound, it would take around 2.5 months to deplete the remaining homes on the market. This is considered an “sellers” market.

Get an Advantage

How can both buyers and sellers have an advantage in the Flower Mound Texas real estate market?  Employ the services of a Flower Mound agent who has vast knowledge and experience in the market.

 Find Flower Mound Homes for Sale &/or Sell Your Flower Mound Home

For a complete list of available real estate in Flower Mound Texas, visit Flower Mound Homes for Sale.  Make sure to subscribe to my blog so you don’t miss out on any Flower Mound homes.  Click here to find out what your Flower Mound Texas home is worth and to discuss your housing needs.

5-Steps-To-Sell-Your-Home-in-Spring

Special Events in Flower Mound –March 2017

 

Membership Monday – March 6, 5:30 to 7 p.m.

Flower Mound Community Activity Center

The first Monday of each month, residents are invited to come by the CAC from 5:30 to 7 p.m. for free snacks and to meet the CAC Manager, make facility suggestions, or to share any comments about classes, programs, special events or fitness equipment.

At 6 p.m. the CAC Manager will lead a 2-mile group fitness run through Heritage/Gerault Park. The run is free for all members and will consist of 5 different exercises along the way. The run will be appropriate for the entire family and all skill levels are welcome!

 

Summer Fun Showcase – Saturday, March 25, 11 a.m. to 2 p.m.
Flower Mound Public Library
Don’t miss this great opportunity to plan your family’s summer fun! Businesses and organizations in the Flower Mound area that offer summer camps, programs or activities to Flower Mound residents will be on hand to distribute information and take registrations. For more information, call 972.874.6200.

Take advantage of all of the events our wonderful City of Flower Mound and the Parks & Recreation Department has planned for the community this fall. Find details and schedules here.

 

Planning Ahead:

Underwater Easter Egg Hunt – Saturday, April 15, 10 a.m. to 12 p.m.
CAC Indoor Pool
Hop on over to the CAC for the Underwater Egg Hunt! Egg-citing activities include a visit by the Easter Bunny, arts and crafts, and games. Stay around after the egg hunt to play in the pool and enjoy other activities. Parents must be in the water with all non-swimmers. The cost per child is $5 for CAC members and $6 for CAC non-members. Pre-registration is required.

 

Independence Fest 2017 – Tuesday, July 4
For more information about Independence Fest 2017, please visit the Independence Fest website.

For more information about other news and events in Flower Mound, click here and subscribe to email updates.

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The above information regarding the “Flower Mound Texas Real Estate Market Recap – February 2017” was provided by Nicole Smith with Briggs Freeman Sotheby’s International Realty. Nicole has over 20 years of experience helping families buy and sell homes in the Dallas/Fort Worth area. If you’re thinking of selling or buying, she’d love to share her knowledge and expertise. 

 

The communities she proudly serves include Flower MoundSouthlakeGrapevineTrophy ClubKellerColleyville.

Flower Mound Monthly Market Recap for February 2017
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