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 October's Market Update. Let’s take a look at residential real-estate activity in your area during the month of September. The number of active listings was down 17% from one year earlier, and down 5% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 330-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 11%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 210-thousand dollars. The number of units sold increased 3% year-over-year, and increased 10% 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 School Rating Parent Rating
Early College High School 0.9 mi Public 9-12 5 4
William L Cabell Elementary School 0.9 mi Public PRESCHOOL-5 1 0
Blair Elementary School 1.1 mi Public K-5 2 0
The Parish Episcopal School Pk 1.2 mi Private PRESCHOOL-12 0 0
Mclaughlin Strickland elementary School 1.2 mi Public K-2 1 0
Tom C Gooch Elementary School 1.4 mi Public PRESCHOOL-5 1 0
Mary Immaculate Catholic School 1.4 mi Catholic K-8 0 0
Thomas C Marsh Middle School 1.5 mi Public 6-8 1 2
Hamilton Academy 1.5 mi Private PRESCHOOL-K 0 0
Farmers Branch Elementary School 1.5 mi Public PRESCHOOL-5 4 3
Stark Elementary School 1.5 mi Public PRESCHOOL-5 4 0
Vanguard Preparatory School 1.5 mi Private - 0 0
Field Middle School 1.7 mi Public 6-8 2 3
Dallas Can Academy At Carrollton-f 1.8 mi Public 9-12 0 0
The Westwood School 1.8 mi Private PRESCHOOL-12 0 0
Nathan Adams Elementary School 2.1 mi Public PRESCHOOL-5 4 0
W T White High School 2.1 mi Public 9-12 2 3
St Rita School 2.7 mi Catholic K-8 0 0
Jesuit College Prep School 2.7 mi Catholic 9-12 0 4
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: Onboard Informatics © 2016. School Performance data by School Review data by
Local Weather for Farmers Branch, TX
    Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.