As of November 2024, the Flower Mound, Texas housing market exhibits several notable trends:
Median Home Prices:
The median list price is $637,430, equating to $237 per square foot, marking a 6.2% increase from November 2023.
Zillow reports a typical home value of $598,287, reflecting a 1.9% rise over the past year.
Redfin indicates a median sale price of $605,000, up 6.8% year-over-year.
Housing Inventory:
There are 317 homes for sale, a 2.9% increase from October 2024.
The number of homes for sale has risen by 26.7% compared to the same period last year.
Days on Market:
The average listing age is 75 days, a 39.2% decrease from November 2023, indicating quicker sales.
Redfin reports an average of 36 days on the market, down from 39 days last year.
Market Competitiveness:
Flower Mound is considered somewhat competitive, with homes receiving multiple offers and selling for about 2% below list price.
Nearby Markets:
Neighboring areas such as Bartonville and Roanoke have experienced significant price increases, with Bartonville's median list price rising by 29.5% to $1.8 million.
Overall, Flower Mound's housing market is experiencing rising home prices, increased inventory, and faster sales, indicating a dynamic and competitive environment for both buyers and sellers.
Call us at 469-269-6541 for more information about Flower Mound real estate!
About us: Flower Mound New Construction Expert Real Estate Agent
As a Top Real Estate Professional in Flower Mound, I understand the challenges that arise when buying a new construction home. There are over 100 builders in the DFW area. I work with most of the new home builders in Flower Mound and understand how various builders operate. I am familiar with the options they offer, current incentives and I frequently visit the upcoming communities they are building. I guide my clients through all steps of the new home construction process and aggressively protect their interests in the transaction.
As a holder of top real estate industry certifications and designations like CRS, ABR & GRI, I can offer my clients experience as a Buyer's Agent and REALTOR®, top Industry Customer Service, in-depth, up-to-the-minute and comprehensive market knowledge; honesty, integrity, dedication, and professionalism in my business.
Whether you are a first time buyer in Flower Mound looking to buy a home in Fields or whether you are relocating to Flower Mound from California or moving your entire family from areas like San Francisco, Fremont, Palo Alto, Los Angeles, San Diego in California due to job transfer with your company, I can help you find a new construction home in Flower Mound. Our relocation team eases the transition - whether you are moving across town or across the globe. We will work with you to find an area that best suits your professional, family and lifestyle needs. We have all the tools you need to help your home search. Whether it is video previews of homes, extended work hours, digital signatures for documents or more, we can make this process as comfortable as possible no matter where you are located.
What is most important to you in your new construction home in Fields in Flower Mound? Send us an email at info@NitinGuptaDFW.com or give us a call at (469) 269-6541 to schedule a no obligation consultation. We’ll give you honest advice about Flower Mound that you can use to help make your home buying decision.