Real Estate Market Update for Farmers Branch, TX

Video: Real Estate Community Tour for Farmers Branch, TX

See Real estate community tour for Farmers Branch, TX
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 41% from one year earlier, and up 6% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was 250-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 16%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 230-thousand dollars. The number of units sold increased 4% year-over-year, and increased 81% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Farmers Branch, TX
School Data for Farmers Branch, TX

School Name Distance Type Grades GreatSchools Rating Parent Rating
William L Cabell Elementary School 0.9 mi Public PRESCHOOL-5 2-5 2
Early College High School 0.9 mi Public 9-12 4 3
Blair Elementary 1.1 mi Public K-5 2 4
Mclaughlin Strickland Elementary School 1.2 mi Public K-5 1 3
The Parish Episcopal School Pk 12 1.2 mi Private PRESCHOOL-12 0 5
Tom C Gooch Elementary School 1.4 mi Public PRESCHOOL-5 3-5 3
Mary Immaculate Elem School 1.4 mi Catholic K-8 0 4
Thomas C Marsh Middle School 1.5 mi Public 6-8 1 3
Vanguard Preparatory School 1.5 mi Private - 0 3
Hamilton Academy 1.5 mi Private PRESCHOOL-K 0 0
Farmers Branch Elementary 1.5 mi Public PRESCHOOL-5 4 4
Stark Elementary 1.5 mi Public PRESCHOOL-5 4-5 4
Field Middle School 1.7 mi Public 6-8 2-5 4
Texans Can At Carrollton Farmers Branch 1.8 mi Public 9-12 0 0
The Westwood School 1.8 mi Private PRESCHOOL-11 0 4
Nathan Adams Elementary School 2.1 mi Public PRESCHOOL-5 3-5 4
W T White High School 2.1 mi Public 9-12 2 3
St Rita School 2.6 mi Catholic K-8 0 5
Jesuit College Preparatory (boys) 2.7 mi Catholic 9-12 0 5
Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics © 2015
Local Weather for Farmers Branch, TX
    Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.