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Old Lake Highlands Market Report August 27, 2013 - East Dallas

By
Real Estate Agent with United Real Estate Dallas TREC# 0544069

Old Lake Highlands Market Report August 27, 2013

Old Lake HighlandsThe area of Old Lake Highlands included in this market report is bordered by Northwest Highway, North Buckner Boulevard, and East Lake Highlands Drive. This charming neighborhood is located on the Northeastern side of White Rock Lake.  Norbuck Park is on the Northwestern side of the neighborhood and Lake Highlands Park is on the Southwest side of the Old Lake Highlands. White Rock Lake and Trail, the White Rock Boat House, and the Bath House Cultural Center are East of Old Lake Highlands.

Old Lake Highlands Home Sales

  • Fifty-eight (58) homes have sold in the neighborhood in the last six months.
  • Average sales price $241,294.
  • Average sold price per square foot $150.66.
  • Sold home prices range from $134,000 to $550,000.
  • Average days on the market is 31.
  • On average, homes sold for 98% of their list price!

Homes Under Contract

  • Two (2) homes are listed as Active Contingent.
  • Six (6) homes are listed as Active Option Contract.
  • Six (6) homes are Pending Closing.

Active Listings in Old Lake Highlands

  • There are currently seven (7) active listings.
  • Active listings range in price from $199,000 to $1,450,000.
  • Homes range in size from 1,2181 to 5,701 square feet.
  • Lots range in size from .17 acre to .92 acre.

The tree lined streets and variety of architectural styles add to the charm and desirability of this popular neighborhood.

If you are interested in seeing homes in this charming East Dallas neighborhood, I would love to introduce you to all the Old Lake highlands has to offer. This neighborhood is convenient to North Park Center, Whole Foods Market, the Shops at Park lane, and DART.

 

 

Posted by

 Sharon Parisi,  Realtor®

Helping Dallas area buyers and sellers meet their real estate needs

214-450-3742

Sharon@sharonparisi.com

United Real Estate

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Sharon,  only 7 active listing, great.  I love to see what is happening in other parts of the country with these market reports.

Aug 27, 2013 12:23 AM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Contact area REALTOR Sharon Parisi for all your Old Lake Highlands real estate needs in East Dallas.

Aug 27, 2013 12:38 AM
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Will, I agree.  As Active Rain members, I think we have a clearer picture of the national real estate market.

John, thank you!

Aug 27, 2013 02:19 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

That is an amazing price range. Great report, real easy to understand.

Make it a great week!

Aug 27, 2013 03:36 AM
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Joe, we are fortunate in Texas to have moderate home prices.

Aug 27, 2013 02:58 PM