Flower Mound Texas Real Estate Market Report December 2016

Nicole Smith
Published on January 6, 2017

Flower Mound Texas Real Estate Market Report December 2016

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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-December-2016-133

 

Flower Mound Texas Real Estate Activity For December 2016 vs. December 2015

  • 100 homes sold in December 2016 in Flower Mound, Texas.  This is 13 fewer homes than the 113 homes that closed in December 2015.
  • The average sale price for the homes that closed in December 2015 was $414,940.
  • The average sale price for the homes that closed in December 2016 was $419,075.
  • The average market time (aka Days on Market) for the homes that closed in December 2015 was 62 days.
  • The average market time (aka Days on Market) for the homes that closed in December 2016 was 58 days.
  • The total amount of volume for the homes that closed in December 2015 was $46,888,220.
  • The total amount of volume for the homes that closed in December 2016 was $41,907,500.

 

Homes Under Contract For December 2016

There were a total of 79 homes under contract or sale pending through December 31, 2016.  The average market time for these homes was 54 days.  The average list price for the homes under contract was $414,738.

 

Current Flower Mound Texas Homes For Sale Inventory Levels

There are currently 177 homes on the market in Flower Mound.  The average list price is $775,076.  The average market time for these homes is 116 days.  The market absorption rate as of December 31, 2016 was 3.  This means that if no other homes came on the market in Flower Mound, it would take around 3 months to deplete the remaining homes on the market. This is considered an “equilibrium” 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 –January 2017

 

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.

 

Seniors In Motion Hosts Elite Chef Competition

January 12, 2017, 6:00 PM @ Flower Mound Senior Center

Do you love to cook or are interested in learning how to cook? Here’s your chance to learn from the pros when Seniors In Motion Auxiliary and Seniors In Motion (SIM) team up to host a unique culinary experience. Residents over the age of 21 are invited to watch four local professional chefs compete against each other by demonstrating and preparing their best dishes. Audience members will sample each dish and vote for their favorite; the chef with the most votes will be crowned the Flower Mound Elite Chef. Tickets are $20, and include includes appetizers, four tastings dishes and beverages. Purchase tickets at the Senior Center Courtesy Desk, or online at the website below, using keyword search “elite chef”.

 

Dog Park Safety Seminar

January 24, 2017, 7:00 PM - 8:00 PM @ Flower Mound Public Library

With the one year anniversary of the Hound Mound at Heritage Park right around the corner, Flower Mound Animal Services staff encourages park-goers to attend one of two informational presentations highlighting important rules and issues that have come up since the gates officially opened last January. The first presentation is Tuesday, January 24 at 7 p.m. at the Library, located at 3030 Broadmoor Ln. The second presentation is set for Wednesday, January 25 at 7 p.m. at the Community Activity Center, Pecan Room, 1200 Gerault Rd. These meetings are geared toward people already using the Hound Mound, in addition to those who may have added a four-legged member to the family over the holidays. Topics will include how to prepare for a visit to the Hound Mound, staying safe while there, and steps to take after you leave. Animal Services staff will also go over some of the most common rule violations, and answer any questions residents may have may have.

 

How to Find the Right Colleges for You

January 31, 2017, 7:00 PM @ Flower Mound Public Library

There are over 2,000 four-year colleges in the United States for students to consider. How can families identify those schools at which their student will be happiest and most successful? This seminar will teach attendees how to be savvy college shoppers. We’ll share ways to recognize what types of colleges might be good fits and show attendees how to evaluate the many factors that need to be considered like size, location, and majors. We’ll also discuss how to plan effective college visits. Presenter Chris Blackwell has worked in the field of College Admissions for twelve years and currently serves students all over the metroplex as the Director of Collegewise-DFW. To register for this program, please email [email protected] or call 972.874.6165.

 

 

Planning Ahead:

spring-garden 

 2017 Spring Gardening Series

Join Lynda Harvey, Denton County Master Gardener, on February 13, 2017, 7:00 PM @ Flower Mound Public Library and discover that answers for your garden are at your fingertips, literally. Your phone has Apps for what to plant and when, but some may be better than others. Find out how to identify good and bad plants and veggies. Get utility Apps that save you time and money every day in the garden.  This program is part of the Denton County Master Gardener Association’s Spring Series.

Details

 

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

______________________________

 

The above information regarding the “Flower Mound Texas Real Estate Market Recap – December 2016” 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.

 

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Flower Mound Texas Real Estate Market Report December 2016
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