Six real estate trends to know in Lewisville | Flower Mound | Highland Village in 2019

These homes are part of the River Walk at Central Park in Flower Mound.

These homes are part of the River Walk at Central Park in Flower Mound.

Homebuyers in Lewisville, Flower Mound and Highland Village lean more toward newer houses.


For many, it is about avoiding renovations or problems with plumbing and electrical, according to a survey from the latest Texas Homebuyers and Sellers Report from Texas Realtors.


“The newer the better,” said Becky Garrison, sales leader and associated broker for Ebby Halliday in Flower Mound/Lewisville.


The challenge is that a lot of homes on the market, especially in Flower Mound and Highland Village, are priced out of buyers’ reach.


As of late June, for example, only six homes in Flower Mound were listed between $250,000 and $350,000, Garrison said. In Lewisville, meanwhile, more than 70% of the more than 200 active listings were under $300,000.


Audra Smolinski, a broker and Realtor with Loves Residential Realty, agreed that affordability is a primary factor for today’s buyers. The challenge is balancing the price with everything else they want, she said.


“They want it all, and they can’t afford it,” she said. “It’s difficult to find anything move-in ready under $200,000.”


Garrison said the Chip and Joanna Gaines factor is also at play when people put their homes on the market. The Waco couple is behind the popular HGTV series “Fixer Upper,” which features homes that are more neutral, that have accent pieces and that include finishes that can be accessorized, she said.


“Make it a memorable house but not specific to taste,” Garrison said.


Click on the graphics below for the full view. View our other Real Estate Edition coverage.



1. Active home listing changes


Active home listings are up in Lewisville and Flower Mound in May 2019 compared with the same month a year ago while Highland Village listings are down slightly.








2. Closings continue to go up


The number of home sales closed in May 2019 is up in Lewisville, Flower Mound and Highland Village compared with the same period a year ago.








3. Single-family homes on the rise


The number of single-family homes continues to increase in all three cities, according to data from the Denton Central Appraisal District.








4. Home prices are increasing


The cities of Lewisville, Flower Mound and Highland Village are all seeing higher-priced homes for sale this year compared with the previous year. Here is the price distribution of home listings for May 2019 compared with May 2018. The numbers are greater than 100% due to rounding








5. Buyers market versus sellers market


The real estate market right now still favors sellers, especially at the lower price range, said Audra Smolinski, broker and Realtor for Loves Residential Realty in Lewisville. Many are still seeing multiple offers on their homes for sale, she said.







6. Mixed-use projects still popular


Projects that combine restaurants, retail and office space with residential are still popular. Lakeside DFW and Rive Walk at Central Park in Flower Mound create destinations with a more urban feel, said Becky Garrison, sales leader and associated broker for Ebby Halliday in Flower Mound/Lewisville.




By Valerie Wigglesworth
Valerie has been a journalist for more than 30 years. She is currently managing editor for DFW Metro for Community Impact Newspaper.


MOST RECENT

If an employee tests positive for COVID-19, establishments are encouraged, but not required, to follow Centers for Disease Control and Prevention and state guidelines. (Katherine Borey/Community Impact Newspaper)
Texas restaurants, businesses not required to disclose positive COVID-19 cases

If an employee of a business or restaurant tests positive for COVID-19, establishments are encouraged, but not required, to follow Centers for Disease Control and Prevention and state guidelines.

Highland Village announced the continued delay of a community build for Kids Kastle until sometime in 2021. (Brian Pardue/Community Impact Newspaper)
Highland Village delays community build for Kids Kastle until 2021

The community build for Highland Village's Kids Kastle is delayed once again due to the coronavirus pandemic, this time until 2021.

Effective July 9, hospitals in more than 100 counties across the state must now postpone elective surgeries unrelated to COVID-19. (Courtesy Adobe Stock)
MAP: Governor expands restrictions on elective surgeries to more than 100 Texas counties

Texas Gov. Greg Abbott expanded the restrictions that initially required only hospitals in Bexar, Dallas, Harris, and Travis counties to postpone all non-medically necessary surgeries and procedures that are unrelated to COVID-19.

The Riverwalk Chapel and Water Works Hall event space will hold a grand opening Aug. 3 in Flower Mound. (Ian Pribanic/Community Impact Newspaper)
Riverwalk Chapel creates bridge to next phase of Flower Mound's Riverwalk at Central Park Development

The 210-person chapel and similarly sized event hall will provide a flexible space for weddings as well as rotary clubs, churches and other organizations in town, manager Michael Hallford said.

According to the Denton County Elections Office, 13,394 county residents cast ballots in the first week early voting from June 29-July 5. (Courtesy Adobe Stock)
DATA: More than 13,000 Denton County residents cast ballots in first week of early voting

Although the deadlines to register to vote in this election and to apply for an absentee ballot have passed, Denton County residents can cast ballots at any early voting center through July 10.

The Frisco Chamber of Commerce will host its State of the City panel discussion online July 14. (William C. Wadsack/Community Impact Newspaper)
Frisco chamber to host State of the City, Crayola Experience reopens in Plano: Business, community news from DFW

Read the latest Community Impact Newspaper coverage of the Dallas-Fort Worth area.

In compliance with Gov. Greg Abbott's July 2 executive order, the University Interscholastic League is requiring the use of facial coverings when practical to do so for all summer activity participants, among other guidelines. (Graphic by Ronald Winters/Community Impact Newspaper)
UIL releases guidelines for conducting summer activities during COVID-19 pandemic

The University Interscholastic League released udpated guidelines for schools conducting summer activities such as sports training and marching band practices on July 8.

Homes in the $300,000-$500,000 range have sold especially well recently, according to local realtors. (Liesbeth Powers/Community Impact Newspaper)
Housing market in Denton County remains active despite pandemic

Lewisville, Flower Mound and Highland Village fared better than the state, with average home sales closer to 20% lower in May 2020 than in May the year prior.

pencils and notebook
Lewisville ISD shares plans for in-person and virtual learning for 2020-21 school year

Additional information and signups for the in-person or virtual learning option will be available to parents beginning July 15.

Census worker
2020 census: Bureau prepares nonresponse follow-up field operations

For individuals who have not responded to the 2020 census, one of about 500,000 census takers will visit the their household between Aug. 11-Oct. 31.

The following map shows UT Dallas student enrollment by country or origin. (Courtesy UT Dallas)
Federal order means thousands of UT Dallas exchange students must return to in-person learning this fall

International students are limited in the number of online classes they can take outside of a pandemic, but those restrictions were relaxed earlier this year when COVID-19 forced many universities to shut down.

Emler Swim School's Emler@Home curriculum features instructional videos for teaching children how to swim at home or in a local pool. (Courtesy Emler Swim School)
Emler Swim School offering online curriculum for children 10 and under

The program offers parents instructional videos for teaching children how to swim at home or in a local pool.