Ken Oenbrink - NTX Property Watch Report

Flower Mound, TX

Single-Family Homes

Call or Text 972-816-1660 ken.oenbrink@gmail.com



Flower Mound, TX

Sun Apr 05 2020
This week the median list price for Flower Mound, TX is $554,301 with the market action index hovering around 46. This is an increase over last month's market action index of 43. Inventory has held steady at or around 156. Click here to stay informed with the Flower Mound market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Flower Mound, TX

Sun Apr 05 2020
This week the median list price for Flower Mound, TX is $554,301 with the market action index hovering around 46. This is an increase over last month's market action index of 43. Inventory has held steady at or around 156. Click here to stay informed with the Flower Mound market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Flower Mound market.
Median List Price $554,301
Per Square Foot $179
Days on Market 106
Price Decreased 27%
Price Increased 10%
Relisted 8%
Inventory 156
Median Rent $2,300
Most Expensive $10,900,000
Least Expensive $269,900
Market Action 46
Strong Seller's Market

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,349,000 6,004 1 - 2.5 acres 5 5 15 2 6 209
$800,000 3,961 0.25 - 0.5 acre 4 4 9 5 6 97
$495,000 3,168 8,000 - 10,000 sqft 4 3 16 7 8 58
$395,000 2,512 8,000 - 10,000 sqft 4 2 26 7 9 57