Monthly Market Recap – May 2017 Flower Mound Texas

Nicole Smith Woodard
Published on June 1, 2017

Monthly Market Recap – May 2017 Flower Mound Texas

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-May-2017-133

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

  • 146 homes sold in May 2017 in Flower Mound, Texas.  This is 10 more homes than the 139 homes that closed in May 2016.
  • The average sale price for the homes that closed in May 2016 was $414,303.
  • The average sale price for the homes that closed in May 2017 was $420,662.
  • The average market time (aka Days on Market) for the homes that closed in May 2016 was 39 days.
  • The average market time (aka Days on Market) for the homes that closed in May 2017 was 29 days.
  • The total amount of volume for the homes that closed in May 2016 was $57,588,117.
  • The total amount of volume for the homes that closed in May 2017 was $61,416,652.

 

Homes Under Contract For May 2017

There were a total of 167 homes under contract or sale pending through May 31, 2017.  The average market time for these homes was 39 days.  The average list price for the homes under contract was $466,688.

 Current Flower Mound Texas Homes For Sale Inventory Levels

There are currently 197 homes on the market in Flower Mound.  The average list price is $742,349.  The average market time for these homes is 99 days.  The market absorption rate as of May 31, 2017 was 1.3.  This means that if no other homes came on the market in Flower Mound, it would take around 1.3 months to deplete the remaining homes on the market. This is considered a “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 –June 2017

Studio ARTHouse

All summer long, and during other school breaks, we will be holding half day camps and week long camps both the morning and afternoon. Draw, Paint, Sculpt, and let your creativity flow! Camps are three hours long and are available for ages 5 to 16!  Visit event website for more information.

Thursday, June 8, 2017 – Flower Mound Public Library

Thrilling Thursdays Bubble Show with Professor Pop! Children must be age 4 or older to attend.  Click HERE for more information.

 Monday, June 12, 2017 – Flower Mound Public Library

Book Lover’s Social – 7:00 PM

Join other adult book lovers to share information about your favorite books and authors. This is a great opportunity to connect with other readers and compile a summer reading list. The Library’s 2017-18 Book Club Reading List will be announced. Dessert and beverages will be served. Registration is not required. For more information, call 972.874.6165 or email [email protected]

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

Planning Ahead:

Independence Fest 2017

Celebrate America’s freedom with the Town of Flower Mound at Independence Fest, Tuesday July 4, 2017!

Click HERE for more information.

______________________________

 

The above information regarding the “Flower Mound Texas Real Estate Market Recap – May 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.

Monthly Market Recap – May 2017 Flower Mound Texas
Please use a valid email.
Please fill in all fields.
view now
close
Get A FREE Home Valuation!
LET'S DO IT!