FLOWER MOUND REAL ESTATE MONTHLY MARKET RECAP APRIL 2017

Nicole Smith Woodard
Published on May 15, 2017

FLOWER MOUND REAL ESTATE MONTHLY MARKET RECAP APRIL 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-April-2017-133

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

  • 102 homes sold in April 2017 in Flower Mound, Texas.  This is 10 fewer homes than the 112 homes that closed in April 2016.
  • The average sale price for the homes that closed in April 2016 was $402,053.
  • The average sale price for the homes that closed in April 2017 was $417,147.
  • The average market time (aka Days on Market) for the homes that closed in April 2016 was 41 days.
  • The average market time (aka Days on Market) for the homes that closed in April 2017 was 28 days.
  • The total amount of volume for the homes that closed in April 2016 was $45,029,936.
  • The total amount of volume for the homes that closed in April 2017 was $42,548,994.

Homes Under Contract For April 2017

There were a total of 209 homes under contract or sale pending through April 30, 2017.  The average market time for these homes was 41 days.  The average list price for the homes under contract was $457,668.

Current Flower Mound Texas Homes For Sale Inventory Levels

There are currently 188 homes on the market in Flower Mound.  The average list price is $760,901.  The average market time for these homes is 93 days.  The market absorption rate as of April 30, 2017 was 1.7.  This means that if no other homes came on the market in Flower Mound, it would take around 1.8 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.

Special Events in Flower Mound –May 2017

Concerts in the Park – Fridays in May
For more information about Concerts in the Park, please visit the Concerts website.

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

Monday, May 29, 2017Soldier and flag

The Town of Flower Mound invites the community to join together in observance of Memorial Day to remember all fallen soldiers of war at 9 a.m. on Monday, May 29 at the Flower Mound Senior Center (2701 W. Windsor Dr.). The program will feature a keynote speaker, Color Guard, patriotic music, bagpipers and a wreath presentation. This is a free event that is open to the public.

 

Planning Ahead:

Tuesday, June 6, 2017 –

What Happens After the Paychecks Stop?

 

Learn how to budget for retirement expenses, discover potential sources of retirement income, and learn potential risks such as LTC and health care costs with Frank Rattan, Jr., CRPC®, a financial advisor with Edward Jones on Tuesday, June 6 at 7 p.m. at the Flower Mound Public Library. To register, please email [email protected] or call 972-874-6165.

 

 

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The above information regarding the “Flower Mound Texas Real Estate Market Recap – April 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 REAL ESTATE MONTHLY MARKET RECAP APRIL 2017
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