Home Sales Trends in 2013 for the Lake Forest subdivision – Flower Mound, Texas

Home Sales in the Lake Forest subdivision in Flower Mound, Texas have been brisk in 2013, with 65 homes sold. The homes sold were built between 1985 and 2001, and the average sales price for a home in the Lake Forest subdivision was $222,573. The lowest sale was at $150,500 and the highest sale was at $350,000.

The average size of a home in the Lake Forest subdivision is 2,277 sq. ft., with the smallest at 1,403 sq. ft. and the largest at 3,874 sq. ft. Homes in the Lake Forest subdivision sold, on average, in 25 days. The quickest sale took 1 days and the longest sale 112 days. The average price per square foot for a home in the Lake Forest subdivision is $99.54.

The Lake Forest subdivision is located in Flower Mound, Texas. Flower Mound has a population of 50,702, making it one of the fastest-growing municipalities in the United States. Flower Mound is roughly 43.4 square miles in size, and it is located in Denton and Tarrant counties on the far north side of Dallas.

Overall home sales in Flower Mound, Texas are at 4,504 homes sold, with an average sales price of $263,155. On average, sellers received 96% of their asking price, with homes spending an average of 44 days on the market. Flower Mound is known as area 31 in the North Texas Real Estate Information System. This information 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 Lake Forest subdivision, as well as home foreclosures and short sales in the Lake Forest subdivision. If you are looking to buy or sell a home in the Lake Forest subdivision, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

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