How is the Housing Market in Flower Mound?

By
Real Estate Agent with DFW FINE PROPERTIES 0506509

 NOTE: MARKET VALUES ARE SUB JECT TO CHANGE. THIS REPORT WAS DONE ON 4/18/2018.

 

Flower Mound, Texas is located 3 miles north of DFW International Airport,  28 miles northwest of Dallas and 25 miles northeast of Fort Worth. Flower Mound is bounded north by the cities of Argyle, Bartonville, Lantana, Double Oak, Copper Canyon, and Highland Village. To the east is Lewisville. South - Grapevine Lake, Coppell, Trophy Club, Roanoke, and to the west Justin. Nearly the entire city of Flower Mound is in Denton County with a small portion in Tarrant County. 

 

What attracts people to Flower Mound is close proximity to DFW International Airport and Lewisville Independent Schools. Property values have increased in values.

 

Compared to March 2018:

 

The Median Price of $426,000 is up by 6.5%.

221 active listings in the MLS, down by 5.6%

87 closed sales, down by 25.6%

Months of Inventory 2.1

Average days to close 32 

 

Current Flower Mound MLS Listings as of 4/16/18

Number of Active Listings: 216

Minimum List Price: $229,900

Medium List Price: $526,307

Maximum List Price: $3,250,000

Average List Price: $713,533

 

Coming Soon Flower Mound MLS Listings

Number of Coming Soon: 11

Minimum List Price: $229,000

Medium List Price: $439,900

Maximum List Price: $879,000 

Average List Price: $424,309

 

Under Contract

Number (Option and Pending): 169

 

SOLD

Number of Listings Sold: 242

 

In addition, Flower Mound offers lots of New Construction and rental properties. 

 

On the Calendar for the Month of May

Programs & Activities at the Flower Mound Library including:

  • Eggshell birdhouse Ornaments
  • Teen Writing Groups
  • Randum Fandom for Teens
  • Bibliomaniacs for Teens
  • Teen Advisory Group
  • Middle School Book Club

 

Seniors in Motion

  • Yoga
  • Zumba Gold
  • Benefits Counseling
  • Cash Bingo
  • Treasure Bingo
  • Creative Art Class - Passion Painting
  • Sing-a-long
  • Cardio Fit
  • Tap Dancing
  • Food, Fun & Friends
  • Gardening Club
  • Tai Chi
  • Intro to Spanish
  • Line Dancing
  • Exercise
  • Flower Minds
  • Red Hat Society
  • Travel Club

 

There are numerous extracurricular activities for all ages. Located in Flower Mound is TX Presbyterian Hospital, numerous special medical facilities, an array of restaurants, Golf Courses, Tennis Courts, Grapevine Lake, equestrian centers, Movie Theater, and shopping. For information about housing, contact Patricia Feager, Real Estate Agent for more than 15 years, and resident of Flower Mound more than 21 years. For more information about the Town of Flower Mound, contact them directly. 

 

 

Posted by

Texas Law requires all license holders to provide the Information about Brokerage Services form to prospective clients.

https://www.trec.texas.gov/sites/default/files/pdf-forms/CN%201-4-1.pdf

 

 dfw fine properties

 

DFW FINE PROPERTIES

                                        3575 Lone Star Circle, Suite 315
                                        Fort Worth, TX 76117
                                        Office: 817-748-4800/FAX: 817--748-4900

                                         Patricia (Peace without Panic) Feager (Faith without Fear)
                                                        Cell: 469-951-4758

                                                        Email: patricia.feager@gmail.com

 

MBA (University of Dallas)
BA
(Bachelors of Arts & Science)
Paralegal (Southeastern Career Institute)
Associates (3) (College of Lake County)
KU (University of Kansas)

CERTIFICATIONS

CRS (Certified Residential Specialist)
SRES (Certified Senior Residential Specialist)
PSA (Certified Pricing Strategies; Mastering the CMA)
CRS (Certified Military Relocation Specialist)
RENE (Real Estte Negotitions Expert)

"With self-discipline most anything is possible." --- Theodore Roosevelt 

 

 

 

  

Comments (12)

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

Good morning Patricia. Things looking good except for thinventory! Enjoy your day!

Apr 18, 2018 05:21 AM
Patricia Feager, MBA, CRS, GRI,MRP

Wayne Martin - Yes inventory is down in Flower Mound but I am lucky to serve the entire Metroplex and people are finding houses outside of the boundaries of Flower Mound too.


Have a great day!

Apr 18, 2018 05:31 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Patricia... your market sounds a lot like mine in the Charlotte area... inventory down impacting sales.

Apr 18, 2018 05:28 AM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Nina Hollander - The Dallas Metroplex (which includes Flower Mound) is huge. People wanting to move to Flower Mound find it's a tight market and many find other cities near by. Making accommodations is what we do!

Apr 18, 2018 05:32 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local real estate market reports.

Apr 18, 2018 05:53 AM
Patricia Feager, MBA, CRS, GRI,MRP

Roy Kelley - Thank you!

Apr 19, 2018 07:54 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Patricia... same here... everyone is compromising something and virtually everyone is paying a bit more for a home than they thought they would need to when they started the process.

Apr 18, 2018 05:58 AM
Patricia Feager, MBA, CRS, GRI,MRP

Nina Hollander - You can say that again!!!

Apr 19, 2018 07:54 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Good morning, Patricia- this post underscores the value you bring to your clients who are either buying or selling in your area. Knowledge and expertise ate very appreciated. 

Apr 18, 2018 07:29 AM
Patricia Feager, MBA, CRS, GRI,MRP

Michael Jacobs - Thank you! As master of marketing in Pasadena, this is a very nice compliment. 

Apr 19, 2018 07:54 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

HI Patricia Feager - Flower Mound is a hot market.  I think it is a nice touch to post the social activites for the month.  Many perspective residents want to know what is going on in the community.  If people are serious about their real estate needs, they need to hire you for your experience and knowledge of Flower Mound. 

Apr 18, 2018 08:03 AM
Patricia Feager, MBA, CRS, GRI,MRP

Sheri Sperry - MCNE® - Why thank you!!! I do my best to not be a copycat and to add value for prospective buyers and sellers.

Apr 19, 2018 07:53 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Patricia the lack of inventory is really impacting sales.  Hopefully more Sellers start to list their homes.

Apr 18, 2018 09:09 AM
Patricia Feager, MBA, CRS, GRI,MRP

George Souto - Because of appreciation, sellers who never thought about moving so quickly are now thinking about selling.

Apr 19, 2018 07:53 AM
Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

Patricia

With such a name, it makes sense that it would a very active market. Who wouldn't want to live in Flower Mount, cheers cvc

Apr 18, 2018 11:16 AM
Patricia Feager, MBA, CRS, GRI,MRP

Curtis Van Carter - There's something about flowers.... when it is the name of the city one lives in, it's a proud place to call home.

Apr 19, 2018 07:52 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thanks for the market update - -I hope that some of these solds are yours! 

Apr 18, 2018 07:04 PM
Patricia Feager, MBA, CRS, GRI,MRP

Lise Howe - Yes! I sold several in Flower Mound!

Apr 19, 2018 07:51 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

"The Median Price of $426,000 is up by 6.5%."  That is significant appreciation, Patricia!

Apr 19, 2018 07:49 AM
Patricia Feager, MBA, CRS, GRI,MRP

Myrl Jeffcoat - It truly is! Sellers are overjoyed and they seem to go quickly too!

Apr 19, 2018 07:51 AM
MichelleCherie Carr Crowe .Just Call. 408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Patricia,

Thank you for the info on increased values in the market at Flower Mound, TX.

Jul 27, 2019 08:57 PM