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Flower Mound, TX Homes Sales (week of 3/24/2015)

By
Real Estate Agent with Kanam Realty Group/Kanam Commercial 0611757

themound.jpg

 

There are currently 154 active listings in Flower Mound. 

In the past seven days Flower Mound had:

·         24 New listings

·         5 Homes came back on the market

·         13 Homes had list price reductions

·         3 Homes had list price increased

·         1 contingent

·         1 listings expired

·         1 listings cancelled

·         29 listings went pending

·         23 listings sold and closed

Currently there are 54 houses that have been on the market for over 100 days... (26 over 200 days)

 

About Flower Mound

Flower Mound is centrally located in North Texas, near the Dallas-Fort Worth Airport.  Flower Mound prides itself on maintaining a small-town atmosphere while fostering a dynamic economic development environment.  In recent years, FM has received numerous accolades and recognition for being a platinum-level Scenic city.  24/7 Wall Street recognized it as No. 9 in the country in the “America’s 50 Best Cities to Live”.  CNN Money Magazine recently ranked FM, No. 2 on its “Best Places to Find a New Job” list.

 

Active listing price breakdown this week:

Residential, Single

2 Br

3 Br

4 Br

5+ Br

All

Active

 

 

 

 

 

# Units

0

20

72

53

145

Average List Price

0

$338,536

$585,729

$1,188,153

$771,830

Average Market Time

0

145

94

146

120

Average Sq ft

0

2,433

3,812

5,486

4,234

 

Residential, Condo

2 Br

3 Br

4 Br

5+ Br

All

Active (Lakeside)

 

 

 

 

 

# Units

2

3

2

 

 

Average List Price

$704,000

$1,301,667

$2,722,500

 

 

Average Market Time

27

27

27

 

 

Average Sq ft

1,218

2,451

4,926

 

 

Data courtesy of Metrotex Dallas MLS

 

Interest Rates March 25, 2015


Rates

APR

Points

30 YEAR FIXED

3.625%

3.710%

15 YEAR FIXED

2.875%

2.969%

10 YEAR FIXED

2.750%

2.925%

7 YEAR ARM

3.125%

3.050%

5 YEAR ARM

2.875%

2.784%

Courtesy of B2funding.com

(Subject to Qualifications. Rates may vary...) 

 

 I want to be your real estate agent when you buy or sell a house in Flower Mound! 

For further information about Flower Mound and a FREE up-to-date listing report in your price range; please contact Shuchi

 

Thank you for reading and commenting on my blog post! This post was researched and authored by Shuchi Agrawal. All information is deemed reliable however it should be independently verified by the reader.

 

Statistics researched using MetroTex Dallas MLS Data  

 

 

 

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Shuchi, sounds like 26 homes need a price adjustment or home stager! Enjoy your day!

Mar 25, 2015 08:51 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Good Morning Shuchi, Love the picture to start with and the information on your area is great for buyers and sellers.

Mar 25, 2015 11:50 PM
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Shuchi Agrawal ,  What a nice fresh picture.  I can see how it got its name.  What a nice market report.

Mar 29, 2015 09:41 AM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Hello Shuchi,

Wonderful information on lovely Flower Mound, TX - one of our highly sought after cities in the Dallas Metroplex!

Mar 29, 2015 11:54 PM