Lewisville - Flower Mound - Highland Village | July 2022

2022

REAL ESTATE EDITION

REAL ESTATE DATA

Data on the real estate market

COMPILED BY SAMANTHA DOUTY

2021-22 Lewisville, Flower Mound and Highland Village Real estate market at a glance

75022 75028 75056 75057 75067 75077

LEWISVILLE LAKE

HIGHLAND VILLAGE

35E

121 TOLL

The national mortgage rate saw an increase over the year. The number of homes sold in Lewisville, Flower Mound and Highland Village overall saw a slight decrease.

121

N

LEWISVILLE

FLOWER MOUND

SOURCES: COLLIN COUNTY ASSOCIATION OF REALTORS, FREDDIE MAC COMMUNITY IMPACT NEWSPAPER

GRAPEVINE LAKE

Number of homes sold

Average days on market

June 2020-May 2021

June 2021-May 2022

June 2020-May 2021

June 2021-May 2022

75022

75057

413

88

-11.38%

-25%

366

66

75028

75067

900

625

-16.11%

+1.92%

755

637

75056

75077

317

301 306

-15.14%

-1.63%

269

75022

75028

75056

75057

75067

75077

National mortgage rate data Mortgage rates steadily declined early in the pandemic with the 30-year xed-rate mortgage dropping to as low as 2.65% in January 2021. Rates have since increased, spiking to their highest point since 2009 as of early May.

5.27%

30-year xed-rate mortgage

15-year xed-rate mortgage

4.51%

5%

3.72%

3.22%

4%

2.65%

4.52%

3%

3.99%

3.16%

2%

2.43%

2.16%

0 January 2019

January 2020

January 2021

January 2022

10

COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

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