Flower Mound area real estate market update 3/2010
All of the markets, the Flower Mound area, I track on this blog showed strong improvements over the previous month and most had increase sales in comparison to the same month of 2009. It is my opinion that the tax creditand interest rates, now below 4% on some ARM products, has brought out the seasonal buyer early this year. The question still to be answered is if this proverbial steam engine that could, will build momentum though the summer months as our market traditionally does, or if the rising interest rates and expiring  tax credit will slow things down again. Value continues to be off the charts, as you can buy as much if not more home today, with the same payment as you could 3-4 years ago. I think the first time buyer credit may have more effect on the more affordable inventory and when it expires at the end of this month, there will be a new opportunity for investors looking to purchase a foreclosure or preforeclosure. If you are looking to buy real estate as an investment, now may be a great time. Questions or comments you can call me 972.355.9100 or you can see all the homes at www.flowermound-realestate.net
| March 2010 | DOM | Active | Sold | Inventory |
| Flower Mound | 62 | 444 | 71 | 6.25 |
| Southlake | 147 | 303 | 26 | 11.65 |
| Lewisville | 45 | 418 | 66 | 6.33 |
| Lantana | 110 | 122 | 11 | 11.09 |
| Coppell | 67 | 196 | 39 | 5.03 |
| Grapevine | 93 | 204 | 45 | 4.53 |
| Highland Village | 145 | 112 | 18 | 6.22 |
Direct Line
214.519.9797
New Flower Mound Listings
- $359,900 - 3412 Veronica Drive
- $155,000 - 901 Timber Valley Circle
- $175,000 - 612 Paisley Drive
- $221,929 - 2308 Cedarwood Drive
- $465,000 - 2504 Carroll Court
- $329,900 - 1209 Crepe Myrtle Drive
- $197,523 - 5416 Rawlings Street
- $234,900 - 1617 Shadywood Lane
- $250,000 - 2701 Timberhaven Drive
- $341,777 - 1400 Trinity Court
- $825,000 - 1908 Peninsula Drive
- $294,900 - 2717 Princeton Drive
- $200,000 - 1829 Kingston Lane
- $236,900 - 5313 Barkridge Trail
- $635,000 - 1701 Litchfield Court
- $775,000 - 3503 Sarah Springs Trail
- $346,000 - 6109 Beau Ridge Court
- $625,000 - 4915 Haley Drive
- $165,000 - 1115 Lopo Road
- $195,900 - 2413 Pinehurst Drive
- $399,000 - 4904 Remington Park Drive
- $225,000 - 4717 Lloyd Court
- $725,000 - 3600 Chimney Rock Drive
- $350,000 - 5601 Lavon Drive
- $369,900 - 2825 Lake Ville Drive
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$359,900 - 3412 Veronica Drive
Flower Mound
4 beds, 3 full, 1 part bathsHome size: 3,410 sq ftLot size: 7,840 sqftYear built: 2002
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$155,000 - 901 Timber Valley Circle
Flower Mound
3 beds, 2 full bathsHome size: 1,535 sq ftLot size: 9,147 sqftYear built: 1983
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$175,000 - 612 Paisley Drive
Flower Mound
5 beds, 3 full bathsHome size: 2,779 sq ftLot size: 6,969 sqftYear built: 1990
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$221,929 - 2308 Cedarwood Drive
Flower Mound
3 beds, 2 full, 1 part bathsHome size: 1,942 sq ftLot size: 8,712 sqftYear built: 1996
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$465,000 - 2504 Carroll Court
Flower Mound
5 beds, 3 full bathsHome size: 3,060 sq ftLot size: 11,761 sqftYear built: 2001
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$329,900 - 1209 Crepe Myrtle Drive
Flower Mound
4 beds, 3 full bathsHome size: 3,325 sq ftLot size: 12,632 sqftYear built: 1998
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$197,523 - 5416 Rawlings Street
Flower Mound
4 beds, 3 full bathsHome size: 2,150 sq ftLot size: 11,761 sqftYear built: 1983
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$234,900 - 1617 Shadywood Lane
Flower Mound
3 beds, 2 full bathsHome size: 1,811 sq ftLot size: 8,276 sqftYear built: 1994
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$250,000 - 2701 Timberhaven Drive
Flower Mound
4 beds, 2 full, 1 part bathsHome size: 2,673 sq ftLot size: 13,503 sqftYear built: 1998
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$341,777 - 1400 Trinity Court
Flower Mound
4 beds, 3 full bathsHome size: 3,255 sq ftLot size: 12,196 sqftYear built: 1997
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$825,000 - 1908 Peninsula Drive
Flower Mound
4 beds, 4 full, 2 part bathsHome size: 6,440 sq ftLot size: 1.02 acYear built: 1993
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$294,900 - 2717 Princeton Drive
Flower Mound
4 beds, 2 full, 1 part bathsHome size: 3,027 sq ftLot size: 8,712 sqftYear built: 1999
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$200,000 - 1829 Kingston Lane
Flower Mound
4 beds, 2 full, 1 part bathsHome size: 2,298 sq ftLot size: 5,662 sqftYear built: 1994
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$236,900 - 5313 Barkridge Trail
Flower Mound
4 beds, 3 full bathsHome size: 2,769 sq ftLot size: 5,662 sqftYear built: 2004
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$635,000 - 1701 Litchfield Court
Flower Mound
5 beds, 4 full bathsHome size: 4,939 sq ftLot size: 2.06 acYear built: 1999
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$775,000 - 3503 Sarah Springs Trail
Flower Mound
5 beds, 4 full, 1 part bathsHome size: 4,910 sq ftLot size: 2.08 acYear built: 2002
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$346,000 - 6109 Beau Ridge Court
Flower Mound
5 beds, 4 full bathsHome size: 3,897 sq ftLot size: 10,890 sqftYear built: 2004
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$625,000 - 4915 Haley Drive
Flower Mound
5 beds, 4 full, 1 part bathsHome size: 5,128 sq ftLot size: 21,875 sqftYear built: 2001
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$165,000 - 1115 Lopo Road
Flower Mound
3 beds, 2 full bathsHome size: 1,645 sq ftLot size: 6,969 sqftYear built: 1976
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$195,900 - 2413 Pinehurst Drive
Flower Mound
3 beds, 2 full bathsHome size: 1,811 sq ftLot size: 6,969 sqftYear built: 1995
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$399,000 - 4904 Remington Park Drive
Flower Mound
4 beds, 3 full, 1 part bathsHome size: 3,283 sq ftLot size: 14,810 sqftYear built: 1998
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$225,000 - 4717 Lloyd Court
Flower Mound
3 beds, 2 full, 1 part bathsHome size: 2,530 sq ftLot size: 10,890 sqftYear built: 1978
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$725,000 - 3600 Chimney Rock Drive
Flower Mound
4 beds, 4 full, 1 part bathsHome size: 4,343 sq ftLot size: 43,560 sqftYear built: 2003
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$350,000 - 5601 Lavon Drive
Flower Mound
4 beds, 3 full bathsHome size: 3,039 sq ftLot size: 21,344 sqftYear built: 2002
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$369,900 - 2825 Lake Ville Drive
Flower Mound
5 beds, 4 full bathsHome size: 3,345 sq ftLot size: 9,583 sqftYear built: 1996
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