Flower Mound, Texas Monthly Market Recap March 2017

Nicole Smith Woodard
Published on April 6, 2017

Flower Mound, Texas Monthly Market Recap March 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-March-2017-133

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

  • 112 homes sold in March 2017 in Flower Mound, Texas.  This is 12 fewer homes than the 124 homes that closed in March 2016.
  • The average sale price for the homes that closed in March 2016 was $432,597.
  • The average sale price for the homes that closed in March 2017 was $427,501.
  • The average market time (aka Days on Market) for the homes that closed in March 2016 was 58 days.
  • The average market time (aka Days on Market) for the homes that closed in March 2017 was 49 days.
  • The total amount of volume for the homes that closed in March 2016 was $53,642,028.
  • The total amount of volume for the homes that closed in March 2017 was $47,880,112.

 

Homes Under Contract For March 2017

There were a total of 169 homes under contract or sale pending through March 31, 2017.  The average market time for these homes was 47 days.  The average list price for the homes under contract was $459,522.

Current Flower Mound Texas Homes For Sale Inventory Levels

There are currently 187 homes on the market in Flower Mound.  The average list price is $735,102.  The average market time for these homes is 89 days.  The market absorption rate as of March 31, 2017 was 1.7.  This means that if no other homes came on the market in Flower Mound, it would take around 1.7 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 –April 2017

 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. 

 

Planning Ahead:

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.

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The above information regarding the “Flower Mound Texas Real Estate Market Recap – March 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, Texas Monthly Market Recap March 2017
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