Flower Mound, Texas Home Values report for December 2014

There were 303 housing sales in Flower Mound in December of this year, which is a 6% decrease from a month ago. Housing sales so far this year increased 0% relative to the same period last year, with 4,553 houses sold.

This month, 237 new houses were listed in Flower Mound. New houses listed this month in Flower Mound gained 27%. So far this year there, have been 5,696 new homes listed total, which is a 3% increase from last year. Listed homes under contract in December 2014 in Flower Mound rose 12%, with 225 houses currently listed under contract this month. Cumulatively this year there have been 4,592 current listings under contract total, which is a 2% growth from a year ago. The average sales price was approximately $285,541 this December, which is a 6% rise from last month. In total for this year, home sales climbed 7% relative to the same month last year, with the average sales price at $281,532.

Percentage of asking price received year-to-date gained 0% compared to the same period last year, with buyers receiving 97% of their list price. The percentage of asking price received in Flower Mound grew 0% in December 2014, with percentage of original list prices received at 97%. The days on market until sale this month in Flower Mound gained 0%, at 57 days on market until sale. Year-to-date, housing sales decreased 3% compared to the same month last year, at 42 days on market until sale. In December 2014, the current supply of active listings on the market for houses in Flower Mound was 628 houses. The market inventory of available homes in December 2014 in Flower Mound dropped 10%. In December of this year there was a 1.7 month supply of houses, which is a 10% fall from last month.

Flower Mound real estate information, known as MLS Area 41, 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 December 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.

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Flower Mound Texas Real Estate December 2014


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