Mon Jan 20 2020
This week the median list price for Flower Mound, TX is $547,400 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has held steady at or around 146.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$547,400|
|Per Square Foot||$176|
|Days on Market||119|
|Slight Seller's Advantage|
This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,349,500||6,086||1 - 2.5 acres||5||5||15||3||4||160|
|$766,000||3,837||0.25 - 0.5 acre||4||4||3||2||4||145|
|$490,460||3,178||8,000 - 10,000 sqft||4||3||18||7||5||106|
|$359,900||2,366||8,000 - 10,000 sqft||4||2||27||11||7||66|