Flower Mound New Listings
The real estate market is on fire in the Dallas – Fort Worth Metroplex and has turned into a seller’s market in many areas. The Flower Mound real estate market has definitely turned into one of those seller’s markets. New listings of Flower Mound homes that show well and are priced properly will seeing multiple offers. This is still a great time to purchase a home in Flower Mound however. Interest rates remain near historic lows (and everyone knows sooner or later the FED will stop purchase the large quantities of mortgage backed security, so rates have to go higher) and even with the near 20 year lows of inventory of homes for sale, the real estate market in north Texas should remain strong for the next few years, so that home you’re interested in will only get more expensive.
Home sales are up 14% year over year in Flower Mound, with the average price up 4% to $281,964. Homes are staying on the market 48% less time, averaging 42 days, than last year and there is only a 2.1 month supply of homes currently on the market in Flower Mound, down 45% from last year (a ‘normal’ market, not a buyer’s market nor a seller’s market is considered to be a 6 month supply of homes on the market).
Bookmark this Page For Flower Mound New Listings
Check back to this page often. And if you have any questions about Flower Mound homes for sale please contact me at gerald@d-fwhomes.com or call 972-402-4124 or cell – 972-989-6999.
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