Monthly Market Recap – Flower Mound – June 2017

Nicole Smith
Published on July 5, 2017

Monthly Market Recap – Flower Mound – June 2017

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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!

 

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

  • 141 homes sold in June 2017 in Flower Mound, Texas.  This is 24 fewer homes than the 164 homes that closed in June 2016.
  • The average sale price for the homes that closed in June 2016 was $439,936.
  • The average sale price for the homes that closed in June 2017 was $441,763.
  • The average market time (aka Days on Market) for the homes that closed in June 2016 was 47 days.
  • The average market time (aka Days on Market) for the homes that closed in June 2017 was 32 days.
  • The total amount of volume for the homes that closed in June 2016 was $72,589,440.
  • The total amount of volume for the homes that closed in June 2017 was $62,288,583.

Homes Under Contract For June 2017

There were a total of 144 homes under contract or sale pending through June 30, 2017.  The average market time for these homes was 36 days.  The average list price for the homes under contract was $468,310.

Current Flower Mound Texas Homes For Sale Inventory Levels

There are currently 229 homes on the market in Flower Mound.  The average list price is $679,393.  The average market time for these homes is 87 days.  The market absorption rate as of June 30, 2017 was 1.6.  This means that if no other homes came on the market in Flower Mound, it would take around 1.6 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.

Could Someone You Know Use This Information?  Summer 2017 Divorce Workshops For Women

* Specialized workshops on what women need to know about the challenges of divorce. * 

This workshop provides an invaluable service for any woman facing the complexities of divorce and is designed to help women take the next step, at any stage in the process of untying the knot. Receive important knowledge and resources that will inform, prepare, and protect you as you move through the divorce process. 

Saturday, July 29th, 2017 9:00 AM – 12:00 PM Emily Fowler Public Library 502 Oakland Street Denton, TX 76201

Thursday, August 17th , 2017 9:00 AM – 12:00 PM Le Peep Restaurant 1435 South Loop 288 Denton, TX 76201

Nicole Smith Woodard, Realtor, is RCS-D certified to help guide families through this process.  Click HERE for more information on this FREE community event.

Special Events in Flower Mound –July 2017

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July is Parks and Recreation Month!

Since 1985, America has celebrated July as the nation’s official Park and Recreation Month. In 2009, the U.S. House of Representatives officially mandated July as “Park and Recreation Month.” So spend some time this summer utilizing the great parks and trails Flower Mound has to offer! The Parks and Recreation Division maintains close to 1,000 acres of parkland. This includes approximately 60 miles of multi-purpose trails that link together parks, neighborhoods, schools, and businesses, and twelve miles of equestrian trails.

There are also 12 miles of equestrian trails and 14 miles of unpaved hike and bike trails for public use located along the northern shores of Grapevine Lake. Many of our neighborhood parks offer a variety of playgrounds, covered picnic shelters, cooking grills, park benches, and basketball play pads. Residents also enjoy numerous youth and adult baseball, softball, football, and soccer fields, and public tennis courts. For more information about the Town’s Park and Trail system, please visit www.flower-mound.com/parks

Twin Coves Park Grand Opening & Ribbon Cutting Ceremony

Friday, July 7, 1:30 p.m.

The Town of Flower Mound invites the community to join Parks & Recreation staff for the grand opening and ribbon cutting ceremony at the newly renovated Twin Coves Park, 5001 Wichita Trail. Thanks in part to a grant from Texas Parks and Wildlife, Twin Coves Park now has 19 furnished cabins, 22 RV slips in addition to a variety of other amenities including: small craft launch with fishing pier, boat ramp, and much more.

In addition to first-class camping opportunities, Twin Coves also has a variety of new features including office camp store, playground, two large pavilions, grass volleyball court, horseshoes and washer game sets, four-hole disc golf course, nature trails, and a lake overlook area with a fire pit and seating. Online reservations for both cabin and RV site rentals is now open at www.flower-mound.com/adventures. For more information about Twin Coves, please visit www.flower-mound.com/twincoves.

 Friday Movie Madness – Ghostbusters

Friday, July 28, 7:30 to 9 p.m.

Bring your family, friends, and floats to the CAC to enjoy Friday Movie Madness in the indoor pool! Children 10 and older are welcome without an adult present. Activities are FREE with paid admission.

Distinguished Speaker Series: Bob Weir

Tuesday, July 25, 6:30 p.m.

Bob Weir is a retired sergeant from the N.Y.C. Police Department and a former Dallas police officer. He spent 10 years in undercover assignments and holds a bachelor’s degree in Criminal Justice from the New York Institute of Technology. Mr. Weir will discuss his experience as a police officer working against organized crime and his new novel, City to Die For: One Man’s Struggle Against the Mafia Takeover of Dallas.

Planning Ahead:

Back to School ShowcaseVery beautiful back to school clipart pictures and images 3

Saturday, August 26, 2017

Don’t miss this great opportunity to get ready for the school year! Businesses and organizations in the Flower Mound area offering sports & theatre, academic programs or other activities & services to the community will be on hand to take registrations and provide information.  Additional Information: http://www.flower-mound.com/DocumentCenter/View/19103

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The above information regarding the “Flower Mound Texas Real Estate Market Recap – June 2017” was provided by Nicole Smith with Keller Williams, 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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Monthly Market Recap – Flower Mound – June 2017
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