Lake Ridge Estates Market Report January 21, 2013
Over the last six months Lake Ridge Estates in East Dallas has experienced a positive increase in the number of home sales.
There have been 24 sales over the last six months. This number is up from 20 sales in 2012.
The average sales price is $235,210.
Sold prices range from $151,500 to $315,000.
The average sold price per square foot is $128.42. This number is up from $124.18 in 2012.
Sold prices range from $68.10 to $173.36.
Average days on the market is 97 days. The average days on the market has increased from 67 for the same date in 2012.
Three homes are currently under contract.
One of the pending sales went under contract on Day 1.
A second home went under contract on Day 16.
The average number of days on the market may trend downward in the future, if these properties are an indication.
Lake Ridge Estates Active Listings
There are currently 7 Active Listings.
Listings range in price from $235,000 to $455,000.
Average list price is $305,214.
Average list price per square foot is currently $130.62.
Price per square foot ranges from $102.22 to $148.95.
There are currently several homes available in Lake Ridge Estates that are close to their original 1950s condition and ripe for renovation in this Richardson Independent School District neighborhood.
Please give me a call, if you are interested in this East Dallas Neighborhood.