| Market Conditions for Highland Park in Park Cities, Texas
Reported by Warren Beckmann, REALTOR
As of August 11, 2007. |
|
Real Estate Home sales in Highland Park & University Park, often called the Park Cities area.
Listings closed in July 2007, reported as of August 10, 2007.
Number of homes sold 39.
Average Selling Price $1,522,606.
Selling Price Percent of Listing Price 98%.
Average Days on Market 52.
Lowest Sale Price $435,000.
Highest Sale Price $5,600,000.
Average Sold Price per Square Foot $378.57
As you can see from the information above, homes in the Park Cities area are obviously in a very unique and upscale area. There are selling very quickly with an average of only 52 days on the market. Of the 39 closings that have reported in to date for July had an average asking price of $1,562,087 and sold for 98% of list price, this indicates a strong market. If you are considering a move to the Park Cities area and are interested in information on a specific area contact me. I can email you information on all active listing in that area that fit you criteria, as well as an analysis of recent sales in that area. You can reach me through my office 972-732-6000 or direct at 214-498-6598. You can also get lots of great real estate information by visiting http://www.BeckmannRealEstate.com
Source: NTREIS or North Texas Real Estate Information System
Approximate Location Boundaries: Highland Park and Univesity Park are often referred to as Park Cities is located between the Dallas North Tollway and Central Expressway, south of Northwest highway and ends a few blocks north of WyCliff/Fitzhugh.
Location Characteristics: Highland Park and University Park are often referred to as Park Cities. Located just minutes north of Down Town Dallas, it is a very unique and upscale area. Home to the SMU Southern Methodist University.
For More Information: