Farmers Branch Home Values

  • Farmers Branch home sales were up 5% in February 2014

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    Farmers Branch home sales were up 5% in February 2014 compared to the same month last year with 125 homes selling this month. So far this year, there have been 225 home sales, which is an increase of 2% from last year.

    New real estate listings in the Farmers Branch area have increased 9%, with 173 homes listed this month, compared to the same period last year. So far this year, overall home listings have decreased 5%, with 319 homes listed. The number of listings under contract decreased 4% this month, with 140 homes contracted. The number of listings under contract for the year to date increased 1%, with 290 homes under contract. The current supply of active listings on the market this month was 246 homes, a 28% decrease from the same month last year. There was a 1.4 month supply of homes on the market, which is a 38% decrease from last year.

    The average sales price of a home in the Farmers Branch area this month was $211,143, up 17% from this month last year. For the year 2014, the average sales price was up 11%, at $208,465. On average, sellers have received 96% of their asking price this month, which is an increase of 1% from last year. For the year to date, sellers received 96% of their asking price, a change of 1%. This month, homes spent an average of 54 days on the market until sold, which represents a decrease of 10% from last year. For the year to date, the average number of days on the market was 51, a decrease of 14%.

    Farmers Branch real estate information, known as MLS Area 22, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of February 2014.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from the Farmers Branch Home Values Report. Search Farmers Branch Texas homes, foreclosures, and short sales to find homes in Farmers Branch. Research current Farmers Branch home values at Farmers Branch Home Values. This service is FREE and available without any obligation from DFWTeamRealty.com.

    Farmers Branch Texas Real Estate February 2014

  • Farmers Branch home sales were down 8% in January 2014

    Farmers Branch home sales were down 8% in January 2014 compared to the same month last year with 94 homes selling this month. So far this year, there have been 94 home sales, which is a decrease of 8% from last year.

    New real estate listings in the Farmers Branch area have decreased 17%, with 147 homes listed this month, compared to the same period last year. So far this year, overall home listings have decreased 17%, with 147 homes listed. The number of listings under contract decreased 4% this month, with 134 homes contracted. The number of listings under contract for the year to date decreased 4%, with 134 homes under contract. The current supply of active listings on the market this month was 250 homes, a 31% decrease from the same month last year. There was a 1 month supply of homes on the market, which is a 41% decrease from last year.

    The average sales price of a home in the Farmers Branch area this month was $205,186, up 4% from this month last year. For the year 2014, the average sales price was up 4%, at $205,186. On average, sellers have received 96 of their asking price this month, which is an increase of 1% from last year. For the year to date, sellers received 96% of their asking price, a change of 1. This month, homes spent an average of 46 days on the market until sold, which represents a decrease of 23% from last year. For the year to date, the average number of days on the market was 46, a decrease of 23%.

    Farmers Branch real estate information, known as MLS Area 22, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of January 2014.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from the Farmers Branch Home Values Report. Search Farmers Branch Texas homes, foreclosures, and short sales to find homes in Farmers Branch. Research current Farmers Branch home values at Farmers Branch Home Values. This service is FREE and available without any obligation from DFWTeamRealty.com.

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    Farmers Branch Texas Real Estate January 2014

  • Home Sales Trends in 2013 for the Valwood Park subdivision – Farmers Branch, Texas

    Home Sales in the Valwood Park subdivision in Farmers Branch, Texas have been brisk in 2013, with 33 homes sold. The homes sold were built between 1951 and 1964, and the average sales price for a home in the Town North Estates subdivision was $100,718. The lowest sale was at $50,000 and the highest sale was at $162,500.

    The average size of a home in the Valwood Park subdivision is 1,363 sq. ft., with the smallest at 897 sq. ft. and the largest at 2,567 sq. ft. Homes in the Valwood Park subdivision sold, on average, in 61 days. The quickest sale took 1 day and the longest sale 493 days. The average price per square foot for a home in the Valwood Park subdivision is $75.76.

    Overall home sales in Farmers Branch, Texas are at 2,076 homes sold, with an average sales price of $208,086. On average, sellers received 96% of their asking price, with homes spending an average of 43 days on the market.

    The Valwood Park subdivision is located in Farmers Branch, Texas. Farmers Branch has a population of 28,616, and is roughly 12 square miles in size, located in Denton county on the far north side of Dallas. Farmers Branch is known as area 22 in the North Texas Real Estate Information System. This information this report is believed reliable, but is only as accurate as reported by the system in the month of December 2013.

    DFW Team Realty is your local expert specializing in home sales in the Valwood Park subdivision, as well as home foreclosures and short sales in the Valwood Park subdivision. If you are looking to buy or sell a home in the Town North Estates subdivision, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

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  • Home Sales Trends in 2013 for the Town North Estates subdivision – Farmers Branch, Texas

    Home Sales in the Town North Estates subdivision in Farmers Branch, Texas have been brisk in 2013, with 8 homes sold. The homes sold were built between 1959 and 1960, and the average sales price for a home in the Town North Estates subdivision was $112,738. The lowest sale was at $62,000 and the highest sale was at $144,000.

    The average size of a home in the Town North Estates subdivision is 1,739 sq. ft., with the smallest at 1,422 sq. ft. and the largest at 1,975 sq. ft. Homes in the Town North Estates subdivision sold, on average, in 43 days. The quickest sale took 5 days and the longest sale 150 days. The average price per square foot for a home in the Town North Estates subdivision is $66.42.

    Overall home sales in Farmers Branch, Texas are at 2,076 homes sold, with an average sales price of $208,086. On average, sellers received 96% of their asking price, with homes spending an average of 43 days on the market.

    The Town North Estates subdivision is located in Farmers Branch, Texas. Farmers Branch has a population of 28,616, and is roughly 12 square miles in size, located in Denton county on the far north side of Dallas. Farmers Branch is known as area 22 in the North Texas Real Estate Information System. This information this report is believed reliable, but is only as accurate as reported by the system in the month of December 2013.

    DFW Team Realty is your local expert specializing in home sales in the Town North Estates subdivision, as well as home foreclosures and short sales in the Town North Estates subdivision. If you are looking to buy or sell a home in the Town North Estates subdivision, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

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  • Home Sales Trends in 2013 for the Brookhaven subdivision – Farmers Branch, Texas

    Home Sales in the Brookhaven subdivision in Farmers Branch, Texas have been brisk in 2013, with 60 homes sold. The homes sold were built between 1959 and 1991, and the average sales price for a home in the Brookhaven subdivision was $243,186. The lowest sale was at $44,900 and the highest sale was at $562,500.

    The average size of a home in the Brookhaven subdivision is 2,260 sq. ft., with the smallest at 849 sq. ft. and the largest at 5,264 sq. ft. Homes in the Brookhaven subdivision sold, on average, in 68 days. The quickest sale took 1 day and the longest sale 321 days. The average price per square foot for a home in the Brookhaven subdivision is $103.65.

    Overall home sales in Farmers Branch, Texas are at 2,076 homes sold, with an average sales price of $208,086. On average, sellers received 96% of their asking price, with homes spending an average of 43 days on the market.

    The Brookhaven subdivision is located in Farmers Branch, Texas. Farmers Branch has a population of 28,616, and is roughly 12 square miles in size, located in Denton county on the far north side of Dallas. Farmers Branch is known as area 22 in the North Texas Real Estate Information System. This information this report is believed reliable, but is only as accurate as reported by the system in the month of December 2013.

    DFW Team Realty is your local expert specializing in home sales in the Brookhaven subdivision, as well as home foreclosures and short sales in the Brookhaven subdivision. If you are looking to buy or sell a home in the Brookhaven subdivision, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

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