Real estate activity for the Dallas/Fort Worth area has been hot hot hot for the past 4 years! Home prices are rising all over the metroplex as noted here, Averages are great, but it’s ideal to focus on specific communities.
Flower Mound is a fantastic community to Live, Work & Play!
Flower Mound Texas Real Estate Activity For August 2016 vs. August 2015
- 143 homes sold in August 2016 in Flower Mound, Texas. This is 6 more homes than the 137 homes than closed in August 2015.
- The average sale price for the homes that closed in August 2015 was $402,652.
- The average sale price for the homes that closed in August 2016 was $406,050.
- The average market time (aka Days on Market) for the homes that closed in August 2015 was 40 days.
- The average market time (aka Days on Market) for the homes that closed in August 2016 was 42 days.
- The total amount of volume for the homes that closed in August 2015 was $55,067,593.
- The total amount of volume for the homes that closed in August 2016 was $55,163,324.
Homes Under Contract For August 2016
There were a total of 121 homes under contract or sale pending through August 31, 2016. The average market time for these homes was 58 days. The average list price for the homes under contract was $427,123.
Current Flower Mound Texas Homes For Sale Inventory Levels
There are currently 251 homes on the market in Flower Mound. The average list price is $711,945. The average market time for these homes is 88 days. The market absorption rate as of August 31, 2016 was less than 2. This means that if no other homes came on the market in Flower Mound, it would take less than 2 months to deplete the remaining homes on the market. This is considered a “seller’s” 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 – September 2016
Take advantage of all of the events our wonderful Parks & Recreation Department has planned for the community this fall. Find details and schedules click here.
Saturday, September 10 6:30pm – Lewisville Education Foundation annual fundraiser. This year it’s “Oh! The Places You’ll Go”. Details & Registration
Saturday, September 17 4:30pm – Sunday, September 18 9am, – Family Camp Out! Experience Flower Mound camping by pitching a tent at Heritage Park, viewing the stars through telescopes, watching a movie on the big screen, and playing various family games. Bring a tent, tent decorations, sleeping bags, bug spray, and flashlights. Staff will provide fun activities and a “Chuckwagon Cuisine” catered dinner and breakfast. The “Most Creative” tent will win a prize! Register Online
Tuesday, September 20, 11:30am – Flower Mound Chamber of Commerce Luncheon – Join the “Best of Denton County” Chamber and meet fellow business leaders in action. More Details & Registration
Business Spotlight – Epic Gelato
As a resident of Lakeside DFW, I absolutely love all of the businesses within walking distance to my home!! The location is convenient for all FloMo residents, and it offers a variety of restaurants, retail and entertainment. Have you had a chance to experience the deliciousness of Epic Gelato? I’ve been eating low-carb all summer and had forgotten how amazing this place is! The patio and atmosphere on Saturday evening was family and pet friendly! If you haven’t been there – I highly recommend it. It’s EPIC!
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 – August 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.