McKinney And Frisco Rank As 2023 Best US Real Estate Markets

McKinney And Frisco Rank As 2023 Best US Real Estate MarketsMcKinney And Frisco Rank As 2023 Best US Real Estate Markets per Wallet Hub.  Here are the top ten and the full article:  2023 Best Real Estate Markets.

1 McKinney, TX 74.41 2 2
2 Frisco, TX 74.27 3 1
3 Nashville, TN 71.71 1 96
4 Denton, TX 71.67 4 24
5 Cary, NC 70.03 8 13
6 Allen, TX 69.88 10 5
7 Durham, NC 69.87 6 48
8 Austin, TX 69.63 7 28
9 Port St. Lucie, FL 69.54 14 3
10 Gilbert, AZ 69.37 12 6

 

Contact Texas Associate Broker Debbie Murray of Allie Beth Allman & Associates at 214-558-1004 to purchase your next Dallas area home.

Unveiling the Gem of Collin County Frisco TX

Unveiling the Gem of Collin County Frisco TXUnveiling the Gem of Collin County: Frisco, TX

Nestled in the heart of Collin County, Texas, lies a true treasure waiting to be discovered: Frisco. With its unparalleled blend of economic vitality, community spirit, and recreational splendor, Frisco stands out as the definitive gem of Collin County. This burgeoning city has rapidly transformed into a hub of innovation and an exemplar of exceptional living, making it an undeniable magnet for residents and businesses alike.

1. Economic Prosperity: Frisco’s strategic location and visionary planning have propelled it into a powerhouse of economic growth. Home to a thriving business landscape that encompasses diverse industries, including technology, healthcare, and retail, Frisco offers ample employment opportunities. Major corporations and startups alike are drawn to its favorable business climate, contributing to a robust local economy.

2. Educational Excellence: The city takes pride in nurturing future leaders through its top-notch educational institutions. Frisco Independent School District (FISD) consistently garners acclaim for its commitment to academic excellence and innovative teaching methods. With a focus on preparing students for success in the modern world, FISD plays a pivotal role in shaping the next generation.

3. Sports and Entertainment Mecca: Frisco has emerged as a premier destination for sports enthusiasts and entertainment aficionados. The vibrant sports scene is anchored by The Star, the world headquarters of the Dallas Cowboys. Additionally, Dr Pepper Ballpark and Toyota Stadium provide venues for baseball and soccer, respectively, attracting fans from near and far. Countless entertainment options, including shopping, dining, and live performances, ensure a well-rounded recreational experience.

4. Community Unity: One of Frisco’s most endearing qualities is its strong sense of community. Residents are bound by a shared spirit of camaraderie, evident through various local events and initiatives. From neighborhood gatherings to charitable endeavors, the sense of belonging in Frisco is palpable, creating an environment where connections are forged and cherished.

5. Cultural Richness: Despite its rapid growth, Frisco has managed to preserve its cultural heritage. The Heritage Center and Museum, along with annual cultural festivals, offer a glimpse into the city’s history and diverse roots. As the community continues to evolve, this cultural tapestry remains woven into the fabric of daily life.

6. Parks and Recreation: Frisco’s commitment to green spaces and recreational facilities adds a touch of natural splendor to urban living. Residents enjoy an array of well-maintained parks, trails, and sports complexes that cater to outdoor enthusiasts of all ages. Whether it’s a leisurely stroll through a scenic park or an invigorating workout, Frisco provides the ideal setting.

7. Accessibility: With convenient access to major highways and proximity to Dallas-Fort Worth International Airport, Frisco effortlessly connects its residents to regional and global destinations. This strategic location enhances both personal and professional opportunities, making it an appealing choice for those seeking convenience and connectivity.

In the tapestry of Collin County, Frisco shines as a multifaceted gem that captivates with its economic vitality, community cohesion, and recreational allure. As the city continues to evolve and flourish, its status as the crown jewel of Collin County remains unwavering—a testament to the dedication of its residents, the vision of its leaders, and the undeniable allure that defines Frisco, TX.

Contact Texas Associate Broker Debbie Murray of Allie Beth Allman & Associates to buy or sell your Frisco, TX home at 214-558-1004.

Effective Foundation Watering Techniques for Dallas TX

Effective Foundation Watering Techniques for Dallas, TX.  Maintaining a stable and healthy foundation is crucial for the structural integrity of any building, and this is especially true in regions like Dallas, TX, where extreme weather conditions can take a toll on foundations. One of the key factors in preserving your foundation is proper and consistent watering. In this article, we will discuss the importance of foundation watering, the challenges faced in Dallas, TX, and provide practical year-round watering techniques to ensure the longevity of your property’s foundation.

The Importance of Foundation Watering

The soil composition in Dallas, TX, primarily consists of clay, which expands when wet and contracts when dry. This natural movement can exert pressure on your foundation, potentially leading to cracks and shifts. Proper watering helps to maintain soil moisture levels, preventing excessive expansion and contraction and safeguarding your foundation from costly damages.

Challenges in Dallas, TX

Dallas, TX, experiences a wide range of weather conditions, from scorching summers to sporadic rainfalls. These fluctuations can be particularly challenging for maintaining consistent soil moisture levels. During dry spells, the clay soil can dry out and lead to significant contraction, while heavy rainfall can oversaturate the soil and cause excessive expansion. To combat these challenges, adopting a year-round foundation watering routine is essential.

Year-Round Foundation Watering Techniques

  1. Establish a Watering Schedule: Consistency is key when it comes to foundation watering. Set up a regular watering schedule, accounting for the weather and season. During the hot and dry summer months, increase the frequency of watering, while reducing it during cooler and wetter periods. A soaker hose or a drip irrigation system is ideal for delivering slow and even moisture to the soil.
  2. Proper Moisture Depth: It’s essential to maintain a consistent moisture depth around your foundation. Aim to keep the soil evenly moist to a depth of around 6 inches. Use a soil moisture meter to monitor moisture levels and adjust your watering schedule as needed.
  3. Watering Techniques:
    • Soaker Hoses: Place soaker hoses around the perimeter of your foundation, ensuring even coverage. Set the hoses to emit a slow, steady stream of water to prevent runoff.
    • Drip Irrigation: Drip lines can be installed near the foundation, providing targeted and efficient watering. Use adjustable emitters to control the flow rate and prevent overwatering.
    • Tree and Shrub Placement: Strategically plant trees and shrubs away from the foundation to prevent their roots from absorbing excessive moisture and causing soil imbalance.
  4. Mulching: Apply a layer of organic mulch, such as wood chips or straw, around the foundation. Mulch helps retain soil moisture, regulate temperature, and reduce evaporation.
  5. Rainwater Harvesting: Collect rainwater from your roof using rain barrels or other storage systems. Utilize this collected water for foundation watering during drier periods, reducing your reliance on city water.
  6. Smart Irrigation Systems: Consider investing in a smart irrigation system that can be programmed to adjust watering based on real-time weather data. These systems can help prevent overwatering and ensure optimal soil moisture levels.
  7. Foundation Inspection: Regularly inspect your foundation for signs of stress or damage, such as cracks or shifts. If you notice any issues, address them promptly and adjust your watering routine as needed.  Reach out to Texas Associate Broker Debbie Murray of Allie Beth Allman & Associates if you need a structural engineer referral at 214-558-1004.

Conclusion

Maintaining a stable foundation in Dallas, TX, requires a proactive and informed approach to watering. By understanding the challenges posed by the region’s unique soil composition and variable weather conditions, you can implement effective year-round watering techniques. Consistency, proper moisture depth, and utilizing appropriate watering methods are key to ensuring the longevity and integrity of your property’s foundation. By following these guidelines, you can protect your investment and enjoy peace of mind knowing that your foundation is well-maintained and prepared to withstand the challenges of the Dallas climate.

Why Buy A Home In University Park TX

Why Buy A Home In University Park TXWhy Buy A Home In University Park, TX?

Nestled within the vibrant city of Dallas, Texas, lies the charming enclave of University Park. Boasting a unique blend of academic influence, upscale living, and a strong sense of community, this delightful town beckons residents with its myriad of attractions and exceptional quality of life. From top-notch education to picturesque surroundings and a thriving cultural scene, here are compelling reasons why University Park stands out as an ideal place to put down roots.

1. Premier Education Hub: As the name suggests, University Park shares its borders with Southern Methodist University (SMU), a world-renowned institution. This proximity not only grants residents access to top-tier educational opportunities but also infuses the town with an intellectual aura. Families with school-age children benefit from proximity to distinguished schools, emphasizing a commitment to academic excellence from an early age.

2. Scenic and Serene: Nature enthusiasts will find solace in the abundance of parks, tree-lined streets, and green spaces that dot University Park. The meticulously planned layout, with a focus on preserving natural beauty, creates a picturesque environment for tranquil walks, outdoor activities, and leisurely gatherings.

3. Close-Knit Community: University Park prides itself on fostering a strong sense of community. Neighbors become friends, and local events like farmers’ markets, festivals, and block parties bring residents together, forging lasting bonds. The emphasis on community engagement makes University Park a welcoming and inclusive place to call home.

4. Arts and Culture: Despite its small size, University Park offers an impressive array of cultural experiences. The nearby Dallas Arts District provides access to world-class museums, theaters, and galleries. Residents can easily immerse themselves in a diverse range of artistic endeavors, from classical performances to contemporary exhibitions.

5. Upscale Living: Aesthetic charm meets modern luxury in University Park’s housing options. Architectural diversity, including Tudor-style homes and modern residences, caters to various tastes, while well-maintained streets create an inviting ambiance. The town’s commitment to quality extends to its dining, shopping, and recreational offerings, ensuring that residents enjoy a refined lifestyle.

6. Proximity to Dallas: Living in University Park means enjoying the best of both worlds. The town’s suburban tranquility is juxtaposed with easy access to the bustling urban amenities of Dallas. Whether you crave the energy of a metropolitan center or the calm of a close-knit community, University Park seamlessly blends these elements.

7. Safety and Security: University Park consistently ranks among the safest places to live in Texas. With a dedicated police force and a vigilant community, residents can relish in the peace of mind that comes from knowing their safety is a top priority.

8. Strong Real Estate Investment: The allure of University Park extends beyond its immediate benefits. The town’s strong real estate market has historically demonstrated resilience and growth, making it an attractive option for both homeowners and investors alike.

In the heart of North Texas, University Park radiates an undeniable charm that captivates residents and visitors alike. The fusion of academic prestige, natural beauty, and a close-knit community sets the stage for an exceptional quality of life. Whether you’re drawn by the educational opportunities, the inviting atmosphere, or the seamless blend of modernity and tradition, University Park, TX, offers an enticing proposition—a place where you can truly thrive and call home.

Contact Texas Associate Broker Debbie Murray of Allie Beth Allman & Associates at 214-558-1004 to purchase your University Park, TX home today.

A Decade of Growth In Home Price Appreciation In Zip Code 75205/Highland Park TX

A Decade of Growth In Home Price Appreciation In Zip Code 75205 Highland Park TXA Decade of Growth In Home Price Appreciation In Zip Code 75205/Highland Park TX

Over the past decade, the real estate landscape in the United States has witnessed a series of fluctuations, with some regions experiencing remarkable growth while others faced stagnation. Among these dynamic markets, Zip Code 75205 has stood out as a beacon of home price appreciation, showcasing a consistent and impressive trajectory of growth over the last ten years. This article delves into the factors behind the remarkable home price appreciation in Zip Code 75205 and examines the broader implications for homeowners, investors, and the local community.

Understanding Zip Code 75205

Situated in the heart of Dallas, Texas, Zip Code 75205 encompasses several prominent neighborhoods, including Highland Park and a portion of University Park. These neighborhoods are renowned for their picturesque streets, tree-lined avenues, and a vibrant community atmosphere. The region’s proximity to downtown Dallas, upscale shopping districts, and highly-rated schools has long made it a desirable location for families and individuals seeking a balance between suburban tranquility and urban conveniences.

A Decade of Growth

The past ten years have seen Zip Code 75205 undergo a substantial transformation in terms of home price appreciation. From 2013 to 2023, the median home prices in this area have consistently risen, defying national and regional trends at times of economic uncertainty. In 2013, the median home price stood at approximately $1.2 million, and by 2023, it had surged to an astonishing $1.9 million, representing an impressive 58% increase.

Factors Driving Appreciation

Several key factors have contributed to the remarkable home price appreciation in Zip Code 75205:

  1. Location and Amenities: The central location of Zip Code 75205 has been a driving force behind its growth. Proximity to major employment centers, cultural attractions, and upscale shopping districts has attracted a steady influx of high-income professionals and families, intensifying demand for housing.
  2. Top-Notch Schools: The area is home to some of the most prestigious public and private schools in the region. Families often gravitate towards neighborhoods with access to quality education, and the presence of esteemed educational institutions has been a significant pull factor.
  3. Limited Supply: The neighborhoods within Zip Code 75205 are characterized by their historic architecture and well-established communities. As a result, new construction is limited, creating a scarcity of available homes. This supply-demand imbalance has contributed to upward pressure on home prices.
  4. Community Appeal: The close-knit and affluent community in the region has fostered a strong sense of identity and pride among residents. This community appeal has generated a higher willingness to invest in maintaining and improving properties, thus driving up overall home values.
  5. Economic Resilience: The region has demonstrated economic resilience, with diverse industries and a robust job market. Even during times of economic uncertainty, Zip Code 75205 has continued to attract high-earning professionals, sustaining demand for housing.

Implications and Future Outlook

The remarkable home price appreciation in Zip Code 75205 has significant implications for various stakeholders:

  1. Homeowners: Existing homeowners have witnessed substantial increases in their property values, potentially affording them greater equity and financial stability. This appreciation could also encourage reinvestment in home improvements and renovations, further enhancing the appeal of the area.
  2. Investors: The consistent growth in home prices may attract real estate investors seeking opportunities for long-term capital appreciation. However, the limited supply of homes could also lead to heightened competition among investors, potentially impacting investment returns.
  3. Local Economy: The increased property values could result in higher property tax revenue for the local government, contributing to funding public services and infrastructure improvements that benefit the community at large.
  4. Challenges: While home price appreciation is generally positive, it may also pose challenges for affordability and inclusivity. As prices rise, access to housing for lower-income individuals and families may become more restricted, necessitating efforts to balance growth with affordability.

In conclusion, Zip Code 75205’s remarkable home price appreciation over the past decade is a testament to its unique blend of location, amenities, and community appeal. As the area continues to evolve, stakeholders must navigate the delicate balance between growth and sustainability to ensure that the benefits of appreciation are shared equitably among all members of the community. The story of Zip Code 75205 serves as both a case study and an inspiration for real estate professionals and enthusiasts alike, showcasing the potential for long-term value creation in a dynamic market.

Contact Texas Associate Broker Debbie Murray at Allie Beth Allman & Associates to buy or sell your next Highland Park, TX home at 214-558-1004 today.

The Significance of Choosing the Right Brokerage When Hiring a Realtor in Dallas TX

The Significance of Choosing the Right Brokerage When Hiring a Realtor in Dallas, TX.

The process of buying or selling a property in Dallas, TX, can be intricate and demanding. Choosing the right realtor is crucial to ensure a smooth and successful transaction. Equally important is the brokerage they are affiliated with. The brokerage plays a pivotal role in shaping a realtor’s resources, expertise, and overall effectiveness. In this article, we will delve into why the brokerage a realtor works for is essential when hiring a real estate professional in Dallas, TX.

Expertise and Reputation

The brokerage a realtor is associated with often mirrors their level of expertise and professionalism. Established and reputable brokerages typically attract experienced agents who are well-versed in the intricacies of the local real estate market. They possess a deep understanding of the neighborhoods, property values, market trends, and legal regulations that pertain to Dallas, TX.  Texas Associate Broker Debbie Murray of Allie Beth Allman & Associates reports that her firm sells more home over $2 million in DFW.  They are ranked #1 (August 2023) among Home Services of America’s national brokerages.

When you hire a realtor from a respected brokerage, you gain access to a wealth of knowledge and insights that can significantly impact your real estate experience. These realtors have likely encountered a variety of scenarios and challenges, making them better equipped to guide you through the complexities of buying or selling property in the Dallas area.

Resources and Support

The brokerage a realtor is affiliated with provides them with a range of resources and support that can greatly enhance their ability to serve clients effectively. These resources may include access to advanced technology, marketing tools, legal and administrative assistance, and a network of fellow professionals.

In a competitive market like Dallas, having access to these resources can give a realtor a distinct advantage. They can leverage innovative marketing strategies to showcase your property, utilize data-driven insights to make informed decisions, and navigate the paperwork and legal aspects of a transaction with greater efficiency.  “Our marketing department is paramount to the success of selling our listings, and they understand that selling a home is truly about telling the story of that home,” says Debbie.

Network and Connections

A well-established brokerage often has a wide network of connections within the real estate industry. This network can prove invaluable when it comes to reaching potential buyers or sellers, negotiating deals, and collaborating with other professionals involved in the transaction, such as inspectors, appraisers, and lenders.

Additionally, a reputable brokerage is likely to have a strong presence within the local community and a large database of clients. This can increase the exposure of your property if you’re selling or provide realtors with a broader pool of potential properties if you’re buying.  Allie Beth Allman & Associates is a member of Leading Real Estate Companies of the World which is the largest network of independent brokerages worldwide.  “If you need an agent in Italy, we can help you,” says Debbie.

Negotiation Skills

Negotiation is a critical aspect of any real estate transaction. Realtors affiliated with respected brokerages often possess exceptional negotiation skills honed through their interactions with a diverse range of clients and situations. They have the ability to advocate for your interests, secure the best possible terms, and navigate complex negotiations with finesse.  Debbie has nine professional real estate designations including Master Certified Negotiation Expert.

Ethics and Professionalism

Reputable brokerages typically uphold high ethical and professional standards. When you hire a realtor from such a brokerage, you can have confidence that they are committed to conducting themselves with integrity and transparency. This is particularly important when dealing with significant financial and legal matters.  “Our firm represents some of the biggest names in Dallas,” says Debbie.  And to build that legacy you must have trust and professionalism.

Conclusion

In the realm of real estate, the brokerage a realtor is associated with is far from a mere formality. It is a crucial factor that can greatly influence the quality of service you receive and the success of your real estate transaction. The expertise, resources, network, negotiation skills, and ethical standards upheld by the brokerage can significantly impact your overall experience as a buyer or seller in Dallas, TX.

When hiring a realtor, take the time to research and consider the reputation and track record of the brokerage they work for. Choose a brokerage that aligns with your needs and values, and that has a demonstrated commitment to excellence in the real estate industry. By doing so, you’ll be setting yourself up for a more seamless and successful real estate journey in the dynamic and competitive Dallas market.

Rosemary: A Resilient and Bunny-Resistant Potted Plant

Rosemary: A Resilient and Bunny-Resistant Potted Plant for Thriving Gardens in Dallas, TX Heat

In the scorching heat of Dallas, Texas, where gardening can often feel like a battle against the elements, finding the perfect plant that thrives while also deterring hungry bunnies can be a challenging endeavor. Enter Rosemary (Rosmarinus officinalis), an exceptional potted plant that not only flourishes in the sweltering Texan heat but also stands resilient against nibbling rabbits. This versatile herb is a horticultural gem, offering both aesthetic beauty and practical benefits for gardening enthusiasts seeking a durable and bunny-resistant addition to their outdoor spaces.

Adaptation to Dallas Heat: Rosemary’s ability to thrive in hot and arid climates makes it a natural choice for Dallas gardeners seeking a resilient potted plant. Native to the Mediterranean region, rosemary has evolved to endure high temperatures and minimal water availability. Its needle-like leaves and woody stems are adaptations that reduce water loss, making it exceptionally well-suited to the heat challenges of a Texan summer.

Water Efficiency and Drought Tolerance: One of rosemary’s most remarkable attributes is its water efficiency and drought tolerance. As an essential oil-producing plant, rosemary’s leaves contain aromatic oils that also help reduce moisture loss through transpiration. This means that, once established, rosemary requires minimal watering, making it an environmentally conscious choice for water-scarce regions like Dallas.

Bunny-Resistant Nature: Beyond its heat resistance, rosemary offers a natural solution for deterring rabbits, which can often wreak havoc in gardens. The strong fragrance of rosemary, emanating from its essential oils, acts as a natural repellent to these curious herbivores. As rabbits typically avoid plants with strong scents, rosemary serves as an effective barrier, protecting your garden from potential damage.

Culinary and Aesthetic Delights: In addition to its practical benefits, rosemary brings a touch of elegance and culinary potential to your garden. Its evergreen foliage adds texture and visual interest, providing year-round beauty to your outdoor space. Furthermore, the aromatic leaves of rosemary are a treasure trove for culinary enthusiasts, infusing dishes with its distinct piney aroma and flavor.

Potted Plant Perfection: Growing rosemary in pots further enhances its versatility. Pots allow for easy mobility, enabling you to strategically position your rosemary to maximize sunlight exposure and airflow. You can place potted rosemary near your kitchen, providing convenient access to its flavorful leaves for culinary endeavors.

Cultivation Tips: To ensure the success of your potted rosemary in Dallas’s heat, consider using well-draining soil and a container with adequate drainage holes. Position your pot in a location that receives ample sunlight, as rosemary thrives in full sun conditions. Water your rosemary sparingly once established, allowing the top inch of soil to dry out between waterings.

 

Preston Hollow Dallas Housing Market Report

Preston Hollow Dallas Housing Market ReportPreston Hollow Dallas Housing Market Report is provided by Debbie Murray at Allie Beth Allman & Associates in Highland Park at 214-558-1004.  Hire a Preston Hollow real estate expert to represent you in the purchase or sale of your Preston Hollow luxury home.

In Debbie’s 23 years of residential real estate in the Dallas area she has seen a buyer’s market, and seller’s market, and a balanced market.  However, one thing is for sure, premier neighborhoods like Preston Hollow are sought after regardless of market fluctuations.  Preston Hollow in Dallas offers an array of homes from mid-century modern, contemporary, Mediterranean, Tudor, traditional, and craftsman.  Located in the private school corridor of Dallas, Preston Hollow is conveniently located between the North Dallas Tollway and 75 Central Expressway.  It is also about fifteen minutes north of downtown Dallas.  Old Preston Hollow or Preston Hollow Estates is located west of the North Dallas Tollway.  The following market report is data from home listings and sales in Preston Hollow between Preston Rd. and Hillcrest Rd., and Royal Lane and Northwest Highway.  Hence the name, North and South of Walnut Hill Ln.

Debbie (and her Broker) specialize in Preston Hollow in Dallas.  Debbie appreciates the charm and beauty of the treelined streets with beautiful homes in the area.  She understands that selling a luxury home is about telling the story of the lifestyle of the home.  Debbie was honored to be named a 2021 Advocate Magazine Top Realtor in Preston Hollow for her residential real estate sales in the area.  Her clients benefit from her BBA in Marketing and her nine professional real estate designations education, including Certified Luxury Home Marketing Specialist, and Master Certified Negotiation Expert.  Contact Debbie today to represent you in your next residential real estate transaction.

Preston Hollow Dallas Housing Market Report, East of Preston Rd. and North And South Of Walnut Hill Ln. up to $6 million- June 2023

ACTIVES

Active 3 2 1,900 $685,000 June-23
Active 3 2 1,900 $1,099,000 June-23
Active 4 4 3,600 $1,374,000 July-23
Active 4 5 3,800 $1,595,000 July-23
Active 3 4 3,100 $1,625,000 May-23
Active 5 8 6,100 $1,998,000 July-23
Active 4 5 5,300 $2,249,000 June-23
Active 5 7 5,300 $2,449,900 April-23
Active 5 7 6,200 $2,499,000 July-23
Active 5 5 4,800 $2,650,000 June-23
Active 6 7 5,200 $2,749,000 June-23
Active 5 7 5,200 $2,750,000 June-23

 

SOLDS

Sold Lakehurst Avenue 4 4 4,100 $2,050,000 July-23
Sold Del Norte Lane 4 4 3,600 $1,495,000 June-23
Sold Del Norte Lane 4 4 3,600 $1,495,000 June-23
Sold Del Norte Lane 4 5 3,800 $1,649,000 June-23
Sold Waggoner Drive 5 7 6,500 $2,300,000 June-23
Sold Northwood Road 5 6 5,200 $2,650,000 June-23
Sold Aberdeen Avenue 4 7 6,800 $2,950,000 June-23
Sold Tulip Lane 5 8 6,100 $4,495,000 June-23

 

42
TOTAL
HOMES SOLD		 MID-YEAR SALES TRENDS
$2,332,646
AVERAGE SOLD PRICE		 39
AVERAGE
DAYS ON MARKET

Preston Hollow Dallas Housing Market Report, East of Preston Rd. and North And South Of Walnut Hill Ln. up to $6 million- MAY 2023

ACTIVES

Active 4 4 3,600 $1,389,000 May-23
Active 3 4 3,100 $1,725,000 May-23
Active 5 8 6,100 $1,998,000 October-22
Active 4 4 4,100 $2,050,000 May-23
Active 6 7 5,200 $2,295,000 October-22
Active 5 7 6,500 $2,300,000 April-23
Active 4 4 5,000 $2,495,000 March-23
Active 5 7 5,300 $2,499,900 April-23
Active 6 6 6,200 $2,500,000 May-23
Active 4 8 6,900 $2,749,000 May-23
Active 5 6 5,400 $2,750,000 February-23
Active 4 4 4,600 $2,795,000 September-22

 

SOLDS

Sold Prestonshire Lane 3 5 3,100 $1,695,000 May-23
Sold Aberdeen Avenue 6 7 6,900 $3,575,000 May-23
Sold Tulip Lane 5 7 5,900 $3,000,000 May-23
Sold Park Lane 5 6 6,200 $3,750,000 May-23
Sold Desco Drive 5 7 7,300 $3,495,000 May-23
Sold Del Norte Lane 4 5 3,700 $1,495,000 May-23
Sold Del Norte Lane 4 5 3,900 $1,549,500 May-23
Sold Del Norte Lane 3 2 1,800 $1,095,000 April-23
Sold Del Norte Lane 4 4 3,700 $1,389,000 April-23

 

PRESTON  HOLLOW NORTH AND SOUTH OF WALNUT HILL
AT A GLANCE		 9
Homes
Recently Sold		 $2,822,138
Average Active
List Price		 $2,225,961
Average
Sold Price

Preston Hollow Dallas Housing Market Report, East of Preston Rd. and North And South Of Walnut Hill Ln. up to $6 million- april 2023

ACTIVES

If you want to know what your home would sell for in today’s market, contact me today at 214.558.1004.
A CTIVE   H O MES   N EAR   Y O U   (SH O WIN G   12   O F   22)
STATUS BEDS BATHS SIZE LIST PRICE LIST MONTH
Active 4 4 3,600 $1,495,000 January-23
Active 3 4 3,100 $1,750,000 April-23
Active 5 8 6,100 $1,998,000 October-22
Active 6 7 5,200 $2,295,000 October-22
Active 5 7 6,500 $2,450,000 April-23
Active 5 7 5,300 $2,499,900 April-23
Active 3 4 5,000 $2,690,000 March-23
Active 5 6 5,400 $2,750,000 February-23
Active 4 8 6,900 $2,770,000 November-22
Active 4 4 4,600 $2,795,000 September-22
Active 5 7 5,900 $3,000,000 March-23
Active 4 5 5,200 $3,150,000 March-23

 

SOLDS

Sold Del Norte Lane 3 2 1,800 $1,095,000
Sold Lupton Drive 5 6 6,700 $2,950,000
Sold Del Norte Lane 3 3 1,800 $899,000
Sold Royal Lane 3 3 2,600 $650,000
Sold Deloache Avenue 6 7 5,800 $3,895,000
Sold Lakehurst Avenue 5 7 6,600 $2,750,000
Sold Northwood Road 4 4 3,000 $999,000
Sold Park Lane 5 8 5,900 $2,825,000

 

PRESTON HOLLOW
NORTH AND SOUTH OF WALNUT HILL		 8
Homes
Recently Sold		 $3,077,564
Average Active
List Price		 $1,994,000
Average
Sold Price		 23
Average Days
On Market

Preston Hollow Dallas Housing Market Report, East of Preston Rd. and North And South Of Walnut Hill Ln. up to $6 million- March 2023

ACTIVES

STATUS BEDS BATHS EST. SQ. FT.* LIST PRICE LIST MONTH
Active 4 4 3,600 $1,495,000 January-23
Active 3 4 3,100 $1,750,000 April-23
Active 5 8 6,100 $1,998,000 October-22
Active 6 7 5,200 $2,295,000 October-22
Active 5 7 6,500 $2,450,000 April-23
Active 5 7 5,300 $2,499,900 April-23
Active 3 4 5,000 $2,690,000 March-23
Active 5 6 5,400 $2,750,000 February-23
Active 4 8 6,900 $2,770,000 November-22
Active 4 4 4,600 $2,795,000 September-22
Active 5 7 5,900 $3,000,000 March-23
Active 4 5 5,200 $3,150,000 March-23

 

SOLDS

Sold Del Norte Lane 3 2 1,800 $1,095,000
Sold Lupton Drive 5 6 6,700 $2,950,000
Sold Del Norte Lane 3 3 1,800 $899,000
Sold Royal Lane 3 3 2,600 $650,000
Sold Deloache Avenue 6 7 5,800 $3,895,000
Sold Lakehurst Avenue 5 7 6,600 $2,750,000
Sold Northwood Road 4 4 3,000 $999,000
Sold Park Lane 5 8 5,900 $2,825,000

 

PRESTON HOLLOW
NORTH AND SOUTH OF WALNUT HILL		 8
Homes
Recently Sold		 $3,077,564
Average Active
List Price		 $1,994,000
Average
Sold Price		 23
Average Days
On Market

Preston Hollow Dallas Housing Market Report, East of Preston Rd. and North And South Of Walnut Hill Ln. up to $6 million- FEBuary 2023

ACTIVES

Active 3 2 1,900 $927,000 November-22
Active 4 3 3,800 $1,389,000 February-23
Active 4 4 3,700 $1,649,000 January-23
Active 4 4 3,600 $1,649,500 January-23
Active 4 4 3,600 $1,649,500 January-23
Active 4 4 3,900 $1,749,500 January-23
Active 6 6 5,200 $2,295,000 October-22
Active 5 7 6,100 $2,348,000 October-22
Active 5 5 5,800 $2,625,000 February-23
Active 5 5 5,500 $2,750,000 February-23

 

SOLDS

Sold Glendora Avenue 3 2 1,900 $750,000 February-23
Sold Park Lane 6 4 5,000 $2,100,000 February-23
Sold Aberdeen Avenue 5 4 5,400 $2,499,000 February-23
Sold Orchid Lane 5 5 6,900 $4,250,000 February-23
Sold Chevy Chase Avenue 4 4 5,300 $2,995,000 January-23
Sold Prestonshire Lane 4 4 8,300 $3,650,000 January-23
Sold Prestonshire Lane 4 3 5,500 $2,150,000 December-22

 

PRESTON  HOLLOW NORTH AND SOUTH OF WALNUT HILL 7
Homes
Recently Sold		 $2,518,208
Average Active
List Price		 $2,517,714
Average
Sold Price		 72
Average Days
On Market (Solds)

Preston Hollow Dallas Housing Market Report, East of Preston Rd. and North And South Of Walnut Hill Ln. up to $6 million- January 2023

ACTIVES

Active 6 6 5,200 $2,295,000 October-22
Active 5 7 6,100 $2,348,000 October-22
Active 7 6 6,600 $2,750,000 January-23
Active 4 3 4,600 $2,795,000 September-22
Active 5 5 6,600 $2,900,000 November-22
Active 4 6 6,900 $3,099,999 November-22
Active 5 5 6,900 $3,595,330 January-23
Active 6 6 5,800 $3,749,500 March-22
Active 6 6 5,800 $3,995,000 January-23
Active 5 5 6,500 $4,295,000 October-22

 

SOLDS

Sold Chevy Chase Avenue 4 4 5,300 $2,995,000 January-23
Sold Prestonshire Lane 4 3 5,400 $2,150,000 December-22
Sold Tulip Lane 5 5 5,800 $2,699,000 December-22
Sold Lakehurst Avenue 5 5 6,700 $2,900,000 December-22
Sold Lakehurst Avenue 5 5 11,000 $3,600,000 December-22
Sold Lakehurst Avenue 5 5 7,100 $3,850,000 December-22
Sold Aberdeen Avenue 4 4 5,300 $2,395,000 November-22

 

21 TOTAL  HOMES  SOLD
DAYS ON MARKET TOTAL SOLD PRICE SALES PRICE/ LIST PRICE
LOW 1 $825,000 88.2%
AVERAGE 43 $2,573,595 97.5%
HIGH 240 $4,292,500 115.2%

Preston Hollow Dallas Housing Market Report, East of Preston Rd. and North And South Of Walnut Hill Ln. up to $6 million- December 2022

ACTIVES

Active 3 2 2,400 $769,000 October-22
Active 3 2 1,900 $995,000 November-22
Active 5 6 5,100 $1,750,000 November-22
Active 6 6 5,000 $2,100,000 September-22
Active 5 4 4,900 $2,150,000 October-22
Active 6 7 5,200 $2,295,000 October-22
Active 5 8 6,100 $2,499,000 October-22
Active 4 4 4,600 $2,795,000 September-22
Active 6 6 5,200 $2,895,000 October-22
Active 4 8 6,900 $3,099,999 November-22

 

SOLDS

Sold Prestonshire Lane 4 5 5,400 $2,150,000 December-22
Sold Lakehurst Avenue 5 7 11,000 $3,600,000 December-22
Sold Lakehurst Avenue 5 7 6,700 $2,900,000 December-22
Sold Tulip Lane 5 6 5,800 $2,699,000 December-22
Sold Lakehurst Avenue 5 8 7,100 $3,850,000 December-22
Sold Aberdeen Avenue 4 6 5,300 $2,395,000 November-22
Sold Orchid Lane 5 7 6,400 $2,555,000 November-22

 

HOMES SOLD PER MONTH
JAN      FEB     MAR     APR     MAY     JUN      JUL     AUG     SEP     OCT    NOV     DEC
100
TOTAL
HOMES SOLD
-40 FROM 2021		 $2,414,842
AVERAGE SOLD PRICE
+28.0% FROM 2021		 34
AVERAGE
DAYS ON MARKET
-18 FROM 2021

Preston Hollow Dallas Housing Market Report, East of Preston Rd. and North And South Of Walnut Hill Ln. up to $6 million- NOVEMber 2022

ACTIVES

Active 4 3 4,600 $2,795,000 September-22
Active 5 5 5,900 $2,825,000 November-22
Active 6 6 5,200 $2,895,000 October-22
Active 7 6 6,600 $2,900,000 September-22
Active 4 6 6,900 $3,099,999 November-22
Active 4 4 5,300 $3,195,000 October-22
Active 5 5 6,600 $3,200,000 November-22
Active 4 4 8,200 $3,650,000 October-22
Active 6 6 5,800 $3,749,500 March-22
Active 5 5 6,500 $4,295,000 October-22

 

SOLDS

Sold Del Norte Lane 3 3 2,700 $859,000 November-22
Sold Lakehurst Avenue 5 4 4,500 $1,849,000 November-22
Sold Orchid Lane 4 4 4,700 $1,950,000 November-22
Sold Aberdeen Avenue 4 4 5,300 $2,395,000 November-22
Sold Orchid Lane 5 6 6,400 $2,555,000 November-22
Sold Woodland Drive 6 5 5,200 $2,895,000 November-22
Sold Pemberton Drive 5 5 5,800 $3,199,000 November-22
Sold Park Lane 5 5 7,200 $3,650,000 November-22

 

PRESTON  HOLLOW NORTH AND SOUTH OF WALNUT HILL 8
Homes
Recently Sold		 $2,535,548
Average Active
List Price		 $2,349,375
Average
Sold Price		 15
Average Days
On Market (Solds)

Preston Hollow Dallas Housing Market Report, East of Preston Rd. and North And South Of Walnut Hill Ln. up to $6 million- october 2022

ACTIVES

Active 3 2.0 1,500 $650,000 September-22
Active 3 3.0 2,800 $859,000 August-22
Active 6 4.2 5,000 $2,200,000 September-22
Active 4 3.2 5,500 $2,250,000 April-22
Active 6 6.1 5,200 $2,295,000 October-22
Active 4 4.2 5,400 $2,395,000 October-22
Active 5 5.1 6,300 $2,450,000 July-22
Active 6 6.0 7,200 $2,690,000 September-22
Active 5 5.1 5,900 $2,699,000 July-22
Active 4 3.1 4,700 $2,795,000 September-22

 

SOLDS

Sold Glendora Avenue 4 3.1 5,200 $1,790,000 October-22
Sold Prestonshire Lane 5 5.2 6,600 $3,700,000 October-22
Sold Aberdeen Avenue 5 6.2 6,700 $2,495,000 October-22
Sold Deloache Avenue 6 7.2 7,800 $4,449,000 October-22
Sold Del Norte Lane 4 4.1 4,100 $1,649,000 September-22
Sold Joyce Way 5 5.1 5,400 $2,450,000 September-22
Sold Park Lane 3 3.2 3,900 $1,850,000 September-22
Sold Orchid Lane 5 5.1 5,700 $3,250,000 September-22

 

8
Homes
Recently Sold		 $2,745,417
Average Active
List Price		 $2,550,938
Average
Sold Price		 65
Average Days
On Market

Preston Hollow Dallas Housing Market Report, East of Preston Rd. and North And South Of Walnut Hill Ln. up to $6 million- September 2022

ACTIVES

Active
3 2 1,400 $650,000 September-22
Active 3 2 1,500 $709,000 June-22
Active 3 3 2,700 $895,000 August-22
Active 4 5 5,400 $2,350,000 April-22
Active 5 6 6,200 $2,450,000 July-22
Active 6 6 7,100 $2,690,000 September-22
Active 4 4 4,600 $2,795,000 September-22
Active 6 8 7,600 $2,795,000 September-22
Active 5 6 5,800 $2,795,000 July-22
Active 7 6 6,600 $3,200,000 September-22

 

SOLDS

Sold Del Norte Lane 4 5 4,000 $1,649,000 September-22
Sold Joyce Way 5 6 5,400 $2,450,000 September-22
Sold Park Lane 3 5 3,800 $1,850,000 September-22
Sold Orchid Lane 5 6 5,700 $3,250,000 September-22
Sold Tulip Lane 5 5 5,100 $3,000,000 September-22
Sold Del Norte Lane 4 4 3,300 $1,020,000 September-22
Sold Northwood Road 4 6 4,800 $2,100,000 August-22
Sold Glendora Avenue 6 6 5,400 $2,895,000 August-22

 

TOTAL HOMES SOLD AVERAGE SOLD
PRICE		 AVERAGE DAYS ON MARKET AVERAGE
SOLD PRICE TO LIST PRICE RATIO
22 $2,227,000 44 98.5%
Q3 2021 Total: Q3 2021 Average: Q3 2021 Average: Q3 2021 Average:
31 $2,185,870 30 98.8%
9 Less This Year 1.9% Increase This Year 14 Days More This Year 0.3% Decrease This Year

Preston Hollow Dallas Housing Market Report, East of Preston Rd. and North And South Of Walnut Hill Ln. up to $6 million- August 2022

ACTIVES

Active
3 2 1,500 $709,000 June-22
Active 3 3 2,700 $895,000 August-22
Active 3 2 1,600 $899,000 July-22
Active 3 2 2,500 $1,365,000 August-22
Active 4 4 3,700 $1,795,000 March-22
Active 4 4 3,900 $1,895,000 March-22
Active 4 3 5,200 $1,950,000 July-22
Active 4 3 5,400 $2,400,000 April-22
Active 5 6 6,700 $2,495,000 June-22
Active 5 5 6,200 $2,599,000 July-22

 

SOLDS

Sold Del Norte Lane 3 2 2,300 $1,399,000 August-22
Sold Stichter Avenue 5 5 5,400 $2,650,000 August-22
Sold Chevy Chase Avenue 2 1 1,800 $799,000 August-22
Sold Aberdeen Avenue 4 4 5,100 $2,150,000 August-22
Sold Glendora Avenue 5 4 5,500 $2,499,000 August-22
Sold Stefani Drive 5 5 7,300 $3,950,000 August-22
Sold Stichter Avenue 4 4 5,400 $2,449,000 July-22
Sold Tulip Lane 5 5 6,600 $3,220,000 July-22

 

DAYS ON MARKET TOTAL SOLD PRICE SALES PRICE/ LIST PRICE
LOW 2 $720,000 92.3%
AVERAGE 23 $2,363,000 103.6%
HIGH 206 $4,300,000 134.4%

 

 

Preston Hollow Dallas Housing Market Report, East of Preston Rd. and North And South Of Walnut Hill Ln. up to $6 million- JULY 2022

ACTIVES

Active
3 2 1,500 $729,000 June-22
Active 4 4 3,300 $1,095,000 July-22
Active 3 2 1,600 $1,100,000 July-22
Active 4 5 3,700 $1,795,000 March-22
Active 4 5 3,900 $1,895,000 March-22
Active 3 5 3,800 $1,900,000 May-22
Active 4 4 5,200 $1,950,000 July-22
Active 4 5 5,400 $2,400,000 April-22
Active 5 6 5,400 $2,450,000 June-22
Active 5 7 6,400 $2,450,000 May-22

 

SOLDS

Sold Tulip Lane 5 7 6,600 $3,220,000 July-22
Sold Northwood Road 5 5 5,700 $1,950,000 July-22
Sold Stefani Drive 5 7 5,100 $1,750,000 July-22
Sold Glendora Avenue 4 4 3,800 $1,649,000 July-22
Sold Royal Lane 5 5 4,000 $1,500,000 July-22
Sold Tulip Lane 5 7 6,300 $3,350,000 July-22
Sold Orchid Lane 5 7 6,100 $2,200,000 June-22
Sold Mimosa Lane 5 5 5,200 $2,350,000 June-22

 

8
Homes
Recently Sold
$2,670,978
Average Active
List Price
$2,291,250
Average
Sold Price
37
Average Days
On Market

Preston Hollow Dallas Housing Market Report, East of Preston Rd. and North And South Of Walnut Hill Ln. up to $6 million- JuNE 2022

ACTIVES

STATUS BEDS BATHS EST. SQ. FT.* LIST PRICE LIST MONTH
Active 4 4 3,900 $1,649,000 June-22
Active 4 5 4,100 $1,724,999 May-22
Active 5 7 5,100 $1,750,000 June-22
Active 4 5 3,700 $1,795,000 March-22
Active 4 5 3,900 $1,895,000 March-22
Active 3 5 3,900 $1,900,000 May-22
Active 4 6 5,100 $2,150,000 June-22
Active 4 4 5,500 $2,350,000 June-22
Active 4 5 5,500 $2,400,000 April-22
Active 4 6 5,500 $2,449,000 February-22

SOLDS

STATUS STREET NAME BEDS BATHS EST. SQ. FT.* LIST PRICE SOLD MONTH
Sold Orchid Lane 5 6 6,100 $2,799,000 June-22
Sold Norway Road 5 7 6,300 $3,895,000 June-22
Sold Northport Drive 4 4 4,600 $2,495,000 June-22
Sold Mimosa Lane 5 7 7,200 $2,995,000 June-22
Sold Del Norte Lane 4 5 4,000 $1,649,000 June-22
Sold Tulip Lane 5 5 5,400 $2,750,000 June-22
Sold Aberdeen Avenue 4 5 5,900 $2,597,000 June-22
Sold Glendora Avenue 4 6 5,600 $2,395,000 June-22

 

13

Recently Sold

$2,689,745

Average List Price

9

Average Days On Market (Solds)

$2,346,882

Average Sold Price

 

University Park TX Housing Market Report

University Park TX Housing Market ReportUniversity Park TX Housing Market Report is provided by Debbie Murray at Allie Beth Allman  & Associates at 214-558-1004.

Buyers often ask Debbie what percentage off of list price do I make my offer?  In a balanced market her answer is… how did the seller price their home in relation to the market?  In a multiple offer market as we have seen the last year or two (2021 to 2022), the answer is… what are you willing to pay?

The national and local real estate markets are changing with the influence of higher interest rates and lower inventory.  Therefore, current and updated residential real estate information is crucial for pricing your University Park home or buying one.  Debbie provides her clients a complimentary updated monthly market report for University Park, TX.

Debbie (and her Broker) specialize in University Park, TX which is a premier town north of Highland Park, TX which is just miles north of downtown Dallas.  The proximity to downtown, accessibility to freeways, the award-winning HPISD school district, and the town amenities offer an exemplary standard of living.

Debbie’s BBA in Marketing  and her nine professional real estate designations equip her to market your luxury home.  She has received highly prestigious awards including “Best Marketing of a Property” at 2016 Leaders in Luxury, and “Best Digital Marketing” at Who’s Who in Luxury Real Estate.  She has served on Marketing and Negotiation panels at luxury real estate conferences.  For 23 years Debbie has served Dallas area buyers and sellers in the luxury market.  Her specialties include  new construction and lots, single-family homes, townhomes, and condos.  Past clients have included pro athletes and an international clientele.  Hire a pro to represent you in your next real estate transaction.

University Park tx Housing Market Report up to $6 Million – June 2023.

ACTIVES

Active                        3                             2                       1,500               $1,090,000               June-23
Active                        4                             4                       3,100               $1,399,000               May-23
Active                        4                             5                       3,300               $1,645,000              March-23
Active                        5                             6                       4,500               $1,725,000                July-23
Active                        4                             4                       3,600               $1,750,000                July-23

 

SOLDS

Sold Westminster Avenue 4 6 5,100 $2,500,000 July-23
Sold Bryn Mawr Drive 5 4 6,000 $2,750,000 July-23
Sold Stanford Avenue 4 6 4,600 $3,125,000 July-23
Sold Binkley Avenue 3 3 2,500 $965,000 June-23
Sold Hyer Street 2 2 1,200 $1,250,000 June-23
Sold Lovers Lane 3 3 2,300 $1,399,000 June-23
Sold University Boulevard 4 4 3,300 $1,439,000 June-23
Sold Normandy Avenue 3 5 3,400 $1,959,000 June-23
Sold Daniel Avenue 4 4 3,000 $1,999,000 June-23
Sold Mcfarlin Boulevard 4 5 4,200 $2,195,000 June-23
Sold Larchmont Street 4 4 3,700 $2,199,900 June-23
Sold Hanover Avenue 3 3 2,800 $2,495,000 June-23
Sold Amherst Avenue 5 6 4,400 $2,500,000 June-23
Sold Mcfarlin Boulevard 4 4 4,400 $2,695,000 June-23

 

77
TOTAL
HOMES SOLD		 MID-YEAR SALES TRENDS
$2,505,419
AVERAGE SOLD PRICE		 31
AVERAGE
DAYS ON MARKET

University Park tx Housing Market Report up to $6 Million – May 2023.

ACTIVES

Active 3 2 1,500 $1,199,000 June-23
Active 3 3 2,600 $1,250,000 May-23
Active 4 4 3,100 $1,449,000 May-23
Active 4 4 3,200 $1,495,000 April-23
Active 4 5 3,300 $1,695,000 March-23

 

SOLDS

Sold Centenary Avenue 4 6 5,100 $3,750,000 June-23
Sold Grassmere Lane 5 5 4,800 $2,550,000 June-23
Sold Rosedale Avenue 4 4 5,200 $2,950,000 June-23
Sold Amherst Avenue 4 4 3,300 $2,500,000 May-23
Sold Marquette Street 4 6 4,900 $3,195,000 May-23
Sold Rosedale Avenue 5 5 3,700 $1,875,000 May-23
Sold Greenbrier Drive 5 8 6,800 $4,750,000 May-23
Sold Emerson Avenue 4 5 3,400 $1,350,000 May-23
Sold Stanford Avenue 4 3 3,100 $1,749,000 May-23
Sold Glenwick Lane 4 5 3,400 $1,825,000 May-23
Sold Emerson Avenue 5 5 4,000 $2,239,000 May-23
Sold Southwestern Boulevard 3 5 5,000 $3,169,000 May-23
Sold Stanford Avenue 4 6 4,600 $2,600,000 May-23
Sold Rankin Street 5 7 5,000 $2,895,000 May-23

 

UNIVERSITY PARK 14
Homes Recently Sold		 $3,093,977
Average Active List Price		 $2,684,214
Average Sold Price		 32
Average Days On Market

University Park tx Housing Market Report up to $6 Million – April 2023.

ACTIVES

Active 4 3 3,200 $1,200,000 May-23
Active 2 1 1,200 $1,250,000 March-23
Active 3 2 2,300 $1,399,000 April-23
Active 4 3 3,400 $1,439,000 April-23
Active 4 4 3,400 $1,795,000 March-23

 

SOLDS

STATUS            STREET NAME                                BEDS          BATHS          EST. SQ. FT.* LIST PRICE             SOLD MONTH
Sold Granada Avenue 4 4 3,600 $1,650,000 April-23
Sold Lovers Lane 4 4 4,000 $1,945,000 April-23
Sold Amherst 4 4 4,000 $2,150,000 May-23
Sold Douglas Avenue 3 2 3,800 $1,995,000 May-23
Sold Hanover Street 3 2 2,200 $2,300,000 April-23
Sold Southwestern Boulevard 4 3 4,200 $2,795,000 April-23
Sold Daniel Avenue 4 3 3,900 $2,699,000 April-23
Sold Hanover Street 5 5 4,600 $2,799,000 April-23
Sold Purdue Avenue 5 5 5,300 $2,995,000 April-23
Sold Amherst Avenue 4 4 4,300 $3,100,000 April-23
Sold Stanhope Street 4 4 5,500 $3,295,000 May-23
Sold Hanover Street 5 5 6,100 $3,399,000 April-23
Sold Bryn Mawr Drive 4 5 5,800 $3,600,000 April-23
Sold Wentwood Drive 6 7 6,400 $5,999,000 April-23

 

UNIVERSITY PARK 14
Homes
Recently Sold		 $2,809,956
Average Active
List Price		 $2,868,571
Average
Sold Price		 26
Average Days
On Market

University Park tx Housing Market Report up to $6 Million – March 2023.

ACTIVES

Active 5 5 6,200 $5,995,900 February-23
Active 6 6 7,900 $5,300,000 January-23
Active 4 4 4,900 $3,375,000 February-23
Active 4 4 5,500 $3,295,000 February-23
Active 3 3 5,000 $3,169,000 March-23

 

SOLDS

Sold Milton Avenue 3 2 2,800 $1,500,000 March-23
Sold Northwest Parkway 4 4 3,900 $1,499,000 March-23
Sold Normandy Avenue 4 4 3,600 $1,695,000 March-23
Sold Lovers Lane 4 4 3,800 $1,875,000 March-23
Sold University Boulevard B 4 4 3,800 $1,850,000 March-23
Sold Marquette Street 4 3 3,000 $1,999,000 March-23
Sold Granada Avenue 4 3 3,600 $2,149,000 February-23
Sold Purdue Avenue 4 3 4,500 $2,650,000 March-23
Sold Amherst Avenue 6 6 5,200 $2,690,000 March-23
Sold Southwestern Boulevard 4 3 4,200 $2,795,000 April-23
Sold Shannon Lane 4 4 4,000 $4,000,000 March-23
Sold Greenbrier Drive 4 4 4,900 $3,750,000 February-23
Sold Windsor Avenue 4 4 6,700 $5,495,000 March-23
Sold Greenbrier Drive 6 6 5,800 $5,750,000 March-23

 

14
Homes
Recently Sold		 $2,570,396
Average Active
List Price		 43
Average Days On Market (Solds)		 $2,782,554
Average Sold Price

University Park tx Housing Market Report up to $6 Million – february 2023.

ACTIVES

Active 4 4 3,500 $1,650,000 February-23
Active 5 4 4,100 $1,749,000 January-23
Active 4 4 3,400 $1,825,000 January-23
Active 5 4 3,400 $1,875,000 February-23
Active 3 2 2,200 $2,300,000 February-23

 

SOLDS

Sold Greenbrier Drive 4 4 4,900 $3,750,000 February-23
Sold Granada Avenue 4 3 3,600 $2,149,000 February-23
Sold Bryn Mawr Drive 3 3 4,700 $3,240,000 February-23
Sold Asbury Street 3 2 2,600 $1,150,000 February-23
Sold University Boulevard 4 6 5,100 $2,995,000 February-23
Sold Glenwick Lane 5 5 3,400 $1,775,000 February-23
Sold Glenwick Lane 4 4 3,400 $1,450,000 February-23
Sold Granada Avenue 4 3 2,400 $1,050,000 February-23
Sold Dyer Street 3 3 2,200 $1,250,000 February-23
Sold Wentwood Drive 3 2 1,600 $1,895,000 February-23
Sold Amherst Avenue 5 4 4,400 $1,999,999 January-23
Sold Hanover Street 5 5 3,800 $1,899,990 January-23
Sold Shenandoah Street 5 5 5,300 $3,500,000 January-23
Sold Purdue Avenue 4 3 3,000 $1,775,000 January-23
Sold Hanover Street 5 5 6,600 $4,295,000 December-23

 

UNIVERSITY PARK 15
Homes
Recently Sold		 $3,111,261
Average Active
List Price		 $2,278,266
Average
Sold Price		 22
Average Days
On Market

University Park tx Housing Market Report up to $6 Million – January 2023.

ACTIVES

Active 5 4 4,700 $2,474,900 January-23
Active 5 4 4,800 $2,695,000 November-22
Active 4 4 3,200 $2,750,000 October-22
Active 6 6 5,200 $2,750,000 August-22
Active 4 5 5,800 $3,195,000 October-22
Active 4 4 6,200 $3,200,000 December-22
Active 4 4 4,000 $4,000,000 January-23
Active 6 6 7,900 $5,700,000 January-23
Active 6 7 6,400 $5,999,000 November-22

 

SOLDS

Sold Lovers Lane 2 1 1,400 $1,000,000 December-22
Sold Amherst Avenue 4 3 2,400 $1,350,000 December-22
Sold Hanover Street 5 5 3,800 $1,899,990 January-23
Sold Purdue Avenue 4 3 3,000 $1,775,000 January-23
Sold Southwestern Boulevard 3 3 2,500 $1,895,000 December-22
Sold Wentwood Drive 3 2 1,600 $1,895,000 February-23
Sold Stanford Avenue 4 4 5,400 $2,800,000 December-22
Sold Shenandoah Street 5 5 5,300 $3,500,000 January-23
Sold Hanover Street 5 5 6,600 $4,295,000 December-22

 

29 TOTAL  HOMES  SOLD
DAYS ON MARKET TOTAL SOLD PRICE SALES PRICE/ LIST PRICE
LOW 0 $881,000 90.5%
AVERAGE 29 $2,177,491 99.2%
HIGH 191 $5,800,000 118.9%

University Park tx Housing Market Report up to $6 Million – December 2022.

ACTIVES

Active 3 2 2,600 $1,125,000 September-22
Active 4 4 3,400 $1,450,000 December-22
Active 4 4 4,000 $1,499,000 November-22
Active 3 2 2,800 $1,500,000 November-22
Active 4 3 3,400 $1,675,000 November-22
Active 5 5 3,400 $1,775,000 September-22
Active 5 4 4,100 $1,795,000 January-22
Active 5 4 3,600 $1,795,000 August-22
Active 5 4 4,500 $1,999,999 January-22

 

SOLDS

Sold Hanover Street 5 5 6,700 $4,295,000 December-22
Sold Lovers Lane 2 1 1,500 $1,000,000 December-22
Sold Stanford Avenue 4 4 5,500 $2,800,000 December-22
Sold Southwestern Boulevard 3 3 2,500 $1,895,000 December-22
Sold Amherst Avenue 4 3 2,400 $1,350,000 December-22
Sold Emerson Avenue 4 3 2,300 $949,000 December-22
Sold Granada Avenue 5 4 3,200 $1,295,000 November-22
Sold Purdue Avenue 3 3 3,100 $1,775,000 November-22
Sold Stanford Avenue 5 5 4,400 $1,995,000 November-22

 

JAN      FEB     MAR     APR     MAY     JUN      JUL     AUG     SEP     OCT    NOV    DEC
144
TOTAL
HOMES SOLD
-163 FROM 2021		 $2,272,119
AVERAGE SOLD PRICE
+8.7% FROM 2021		 25
AVERAGE
DAYS ON MARKET
-11 FROM 2021

University Park tx Housing Market Report up to $6 Million – November 2022.

ACTIVES

Active 4 3 2,300 $949,000 May-22
Active 2 1 1,500 $1,000,000 November-22
Active 3 2 2,600 $1,150,000 September-22
Active 5 4 3,400 $1,450,000 June-22
Active 4 4 4,000 $1,499,000 November-22
Active 3 2 2,800 $1,500,000 November-22
Active 4 3 3,100 $1,695,000 September-22
Active 5 5 3,400 $1,775,000 September-22
Active 5 4 3,600 $1,795,000 August-22

 

SOLDS

Sold Granada Avenue 5 4 3,200 $1,295,000 November-22
Sold Asbury Street 3 5 3,000 $1,250,000 November-22
Sold Granada Avenue 5 3 3,200 $1,350,000 November-22
Sold Daniel Avenue 3 3 3,200 $1,799,000 November-22
Sold Normandy Avenue 3 4 4,100 $1,999,500 November-22
Sold Stanford Avenue 5 4 4,400 $1,995,000 November-22
Sold Haynie Avenue 4 4 5,600 $2,699,000 November-22
Sold Hanover Street 5 3 5,600 $2,899,000 November-22

 

UNIVERSITY PARK 9
Homes
Recently Sold		 $2,751,626
Average Active
List Price		 $2,346,803
Average
Sold Price		 32
Average Days
On Market

University Park tx Housing Market Report up to $6 Million – October 2022.

ACTIVES

Active 5 5 5,000 $2,995,000 November-22
Active 6 6 6,200 $2,995,000 July-22
Active 4 6 5,100 $3,100,000 October-22
Active 4 5 5,800 $3,195,000 October-22
Active 5 5 5,500 $3,249,000 November-22
Active 5 5 5,500 $3,299,000 October-22
Active 6 5 5,700 $3,599,000 October-22
Active 5 6 6,800 $4,795,000 October-22
Active 5 5 6,200 $5,995,900 July-22

 

SOLDS

Sold Lovers Lane 3 1 1,900 $1,300,000 November-22
Sold Hanover Street 4 3 3,000 $1,999,000 November-22
Sold Glenwick Lane 4 4 3,100 $1,325,000 October-22
Sold Daniel Avenue 4 3 2,900 $1,275,000 October-22
Sold Stanford Avenue 4 2 3,900 $2,050,000 October-22
Sold Bryn Mawr Drive 4 4 3,300 $1,998,000 October-22
Sold Daniel Avenue 5 6 4,900 $2,395,000 October-22
Sold Bryn Mawr Drive 4 3 4,900 $2,995,000 October-22
Sold Bryn Mawr Drive 6 8 7,600 $3,850,000 October-22
Sold Asbury Street 4 3 3,200 $1,349,000 September-22

 

10
Homes
Recently Sold		 $2,496,425
Average Active
List Price		 $2,079,500
Average
Sold Price		 15
Average Days
On Market

University Park tx Housing Market Report up to $6 Million – September 2022.

ACTIVES

Active 4 3 2,300 $949,000 May-22
Active 3 2 2,700 $1,100,000 September-22
Active 3 2 2,600 $1,150,000 September-22
Active 3 1 2,000 $1,300,000 July-22
Active 5 4 3,200 $1,395,000 September-22
Active 5 4 3,200 $1,399,000 August-22
Active 2 2 2,100 $1,430,000 July-22
Active 4 4 4,000 $1,525,000 July-22
Active 5 4 3,400 $1,547,000 June-22

 

SOLDS

Sold Asbury Street 4 3 3,300 $1,349,000 September-22
Sold Druid Lane 3 2 2,000 $1,280,000 September-22
Sold Stanford Avenue 5 5 5,100 $2,850,000 September-22
Sold Rankin Street 4 5 5,300 $2,659,000 September-22
Sold Dyer Street 4 3 3,900 $1,850,000 September-22
Sold Shenandoah Street 4 3 3,500 $1,995,000 September-22
Sold Hanover Street 2 2 1,300 $2,895,000 September-22
Sold Amherst Avenue 5 6 7,300 $3,795,000 September-22
Sold Stanford Avenue 4 4 4,100 $2,290,000 September-22
Sold Potomac Avenue 4 3 3,000 $1,150,000 August-22

 

TOTAL HOMES SOLD AVERAGE SOLD
PRICE		 AVERAGE DAYS ON MARKET AVERAGE
SOLD PRICE TO LIST PRICE RATIO
36 $2,329,993 23 99.6%
Q3 2021 Total: Q3 2021 Average: Q3 2021 Average: Q3 2021 Average:
83 $2,067,517 23 99.6%
47 Less This Year 12.7% Increase This Year No Change This Year No Change This Year

University Park tx Housing Market Report up to $6 Million – August 2022.

ACTIVES

Active 4 4 2,200 $999,000 May-22
Active 4 5 3,100 $1,325,000 September-22
Active 3 2 1,900 $1,395,000 July-22
Active 5 5 3,100 $1,410,000 August-22
Active 2 2 2,000 $1,430,000 July-22
Active 4 5 3,900 $1,525,000 July-22
Active 5 5 3,300 $1,547,000 June-22
Active 5 5 3,500 $1,795,000 August-22
Active 4 6 4,700 $2,250,000 July-22

 

SOLDS

Sold Potomac Avenue 4 4 3,000 $1,150,000 August-22
Sold Purdue Avenue 4 3 2,300 $1,349,000 August-22
Sold Rosedale Avenue 4 5 4,200 $3,000,000 August-22
Sold Hanover Street 4 4 3,100 $1,999,999 August-22
Sold Hanover Street 4 6 5,900 $3,399,000 August-22
Sold Marquette Street 4 5 5,100 $3,500,000 August-22
Sold Centenary Avenue 5 8 6,500 $3,495,000 August-22
Sold Caruth Boulevard 5 8 7,500 $3,800,000 August-22
Sold Normandy Avenue 4 6 4,600 $2,775,000 August-22
Sold Milton Avenue 5 5 3,500 $1,895,000 August-22

 

DAYS ON MARKET TOTAL SOLD PRICE SALES PRICE/ LIST PRICE
LOW 0 $745,000 82.0%
AVERAGE 17 $2,371,744 102.3%
HIGH 183 $4,850,000 124.4%

University Park TX housing Market Report up to $6 Million – july 2022.

ACTIVES

STATUS BEDS BATHS EST. SQ. FT.* LIST PRICE LIST MONTH
Active 3 2 1,500 $729,000 June-22
Active 4 4 3,300 $1,095,000 July-22
Active 3 2 1,600 $1,100,000 July-22
Active 4 5 3,700 $1,795,000 March-22
Active 4 5 3,900 $1,895,000 March-22
Active 3 5 3,800 $1,900,000 May-22
Active 4 4 5,200 $1,950,000 July-22
Active 4 5 5,400 $2,400,000 April-22
Active 5 6 5,400 $2,450,000 June-22
Active 5 7 6,400 $2,450,000 May-22

 

SOLDS

STATUS STREET NAME BEDS BATHS EST. SQ. FT.* LIST PRICE SOLD MONTH
Sold Tulip Lane 5 7 6,600 $3,220,000 July-22
Sold Northwood Road 5 5 5,700 $1,950,000 July-22
Sold Stefani Drive 5 7 5,100 $1,750,000 July-22
Sold Glendora Avenue 4 4 3,800 $1,649,000 July-22
Sold Royal Lane 5 5 4,000 $1,500,000 July-22
Sold Tulip Lane 5 7 6,300 $3,350,000 July-22
Sold Orchid Lane 5 7 6,100 $2,200,000 June-22
Sold Mimosa Lane 5 5 5,200 $2,350,000 June-22

 

13
Homes
Recently Sold		 $2,230,948
Average Active
List Price		 $2,286,161
Average
Sold Price		 10
Average Days
n Market

University Park TX housing Market Report up to $6 Million – june 2022.

ACTIVES

STATUS STREET NAME BEDS BATHS EST. SQ. FT.* LIST PRICE SOLD MONTH
Sold Granada Avenue 4 3 3,100 $1,300,000 June-22
Sold Asbury Street 5 4 3,500 $1,595,000 June-22
Sold Rosedale Avenue 4 4 4,000 $1,899,000 June-22
Sold Druid Lane 4 3 3,000 $1,990,500 June-22
Sold Rosedale Avenue 4 3 3,400 $1,695,000 June-22
Sold Westminster Avenue 4 5 5,000 $2,200,000 June-22
Sold Amherst Avenue 5 5 5,100 $2,499,000 June-22
Sold Purdue Avenue 5 4 4,100 $1,995,000 June-22
Sold Greenbrier Drive 4 3 3,400 $2,495,000 June-22
Sold San Carlos Street 4 4 5,000 $2,995,000 June-22
Sold Potomac Avenue 5 5 4,600 $3,125,000 June-22
Sold Mcfarlin Boulevard 4 5 4,500 $3,100,000 June-22
Sold Milton Avenue 5 6 6,900 $3,700,000 June-22

SOLDS

STATUS STREET NAME BEDS BATHS EST. SQ. FT.* LIST PRICE SOLD MONTH
Sold Granada Avenue 4 3 3,100 $1,300,000 June-22
Sold Asbury Street 5 4 3,500 $1,595,000 June-22
Sold Rosedale Avenue 4 4 4,000 $1,899,000 June-22
Sold Druid Lane 4 3 3,000 $1,990,500 June-22
Sold Rosedale Avenue 4 3 3,400 $1,695,000 June-22
Sold Westminster Avenue 4 5 5,000 $2,200,000 June-22
Sold Amherst Avenue 5 5 5,100 $2,499,000 June-22
Sold Purdue Avenue 5 4 4,100 $1,995,000 June-22
Sold Greenbrier Drive 4 3 3,400 $2,495,000 June-22
Sold San Carlos Street 4 4 5,000 $2,995,000 June-22
Sold Potomac Avenue 5 5 4,600 $3,125,000 June-22
Sold Mcfarlin Boulevard 4 5 4,500 $3,100,000 June-22
Sold Milton Avenue 5 6 6,900 $3,700,000 June-22

 

13

Recently Sold

$2,689,745

Average List Price

9

Average Days On Market (Solds)

$2,346,882

DFW Ranks #2 Metro For New Construction

DFW Ranks #2 Metro For New ConstructionDFW Ranks #2 Metro For New Construction reports the MetroTex Association of Realtors in Dallas.  Since 1999, Texas Associate Broker Debbie Murray of Allie Beth Allman & Associates has represented new construction home buyers in the Dallas area.  Contact her today to purchase your new home at 214-558-1004.  DFW Ranks #2 Metro For New Construction