Sparkman Club Market Report January 2016

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

Sparkman ClubSparkman Club Estates, a Northwest Dallas neighborhood, is on many buyer lists.

 

What do residents like about living in Sparkman Club?

Homeowners often share that they enjoy the "sense of community" in Sparkman Club Estates. For that reason, many homeowners who grew up in the neighborhood choose to move back to Sparkman with their young families. Residents are invited to join the Sparkman Club and enjoy planned activities that take place throughout the year. The club has a pool, tennis court and clubhouse. There is a quarterly membership fee for the Sparkman Club. The Sparkman neighborhood is convenient to private and public schools and shopping. The DART Green Line, I-35, I-635, Dallas North Tollway, Walnut Hill Lane, and Royal Lane allow residents easy access to all Dallas has to offer.

 

Active Listings

• There are currently 7 active listings ranging in price from $250,000 to $475,000.

• List prices per square foot range from $162.23 to $235.97.

• Square footage of the active listings ranges from 1,541 square feet to 2,494 square feet.

 

3 Properties are Currently Under Contract

 

Sold Listings in the Last Six Months

• Twenty-four (20) properties have been sold in Sparkman Club over the last six (6) months.

• Average sales price was $383,080

• Minimum sold price was $180,000

• Maximum sold price was $713,000

• Median sold price per square foot was $149.58, with a range of $88.50 to $204.36 per square foot.

• Average days on the market - 32 days.

 

If you are looking for a home in the northwest sector of Dallas that is convenient to Downtown Dallas, Southwestern Medical Center, DFW Airport, Love Field and so much more, add the Sparkman Club to your list of neighborhoods to visit.

 

I'm  happy to answer any questions you may have about buying or selling a home.  It would be my pleasure to help you with your unique real estate needs. I welcome the opportunity to give you a tour of the Sparkman Club neighborhood!

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

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Rainmaker
2,931,718
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

It might be quite the buyers market after all. Trends are always interesting that way that way

Jan 11, 2016 03:59 PM #1
Rainmaker
2,931,718
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I might be misspeaking. I have to go back and reread this. But I think I might be onto something. Good luck!

Jan 11, 2016 04:00 PM #2
Rainmaker
3,510,713
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Sharon I would love to see what you get for $700k+ in your market... in my market you can touch the Airplanes as they are landing at LAX:)), Endre

Jan 11, 2016 04:06 PM #3
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Sharon.   There cannot be any snoozing by potential buyers with only 32 dom.

Jan 11, 2016 07:32 PM #4
Rainmaker
1,075,962
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Hi Laura,  it's still a solid sellers' market here.  Homes on the busy perimeter streets that define this neighborhood stay on the market longer. Of the seven homes that are active listings, four are located on or back up to those streets.

Jan 12, 2016 12:34 AM #5
Rainmaker
1,075,962
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Hi Endre, I'm going to create some posts with IDX links to price brackets. For a major metro area, Dallas is fortunate to have neighborhoods in many price ranges.  I have a client who has been looking in the $600,000-$700,000 range.  The number of properties in that range, with some level of renovation, are becoming more difficult to find.  The good new is that when we find or list gems in that price category they are in good neighborhoods away from Love Field and its flight patterns.   In the suburbs, there is a wider choice of homes in the $600,000-$700,000 range. Appraisals are playing catch-up with our market. California buyers who come to Texas are thrilled with their buying power!

Jan 12, 2016 12:58 AM #6
Rainmaker
1,075,962
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Conrad, you're right.  When a good property comes on the market in a desirable location, buyers need to be decisive.

Jan 12, 2016 01:00 AM #7
Rainmaker
2,285,531
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Hi Sharon Parisi - best wishes finding the right home for your buyers in Sparkman Club Estates. With your expertise and skills, you will be a beacon of light guiding the buyers right up to their very own doorsteps soon. I have complete confidence in you!

Jan 16, 2016 03:52 PM #8
Rainmaker
2,931,718
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

This is one of those things where I am interested to see see where this goes in six months. Do you know what I mean?

Jan 16, 2016 03:58 PM #9
Rainmaker
2,931,718
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

That said, I think it'll work out, I do. I have a sixth sense about these things, they say.

Jan 16, 2016 04:00 PM #10
Rainmaker
1,075,962
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Patricia, on the busiest of days, I'll just remember the "beacon of light."

Jan 16, 2016 06:17 PM #11
Rainmaker
1,075,962
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Laura, it's predicted that the Dallas real estate market will continue to be steady.

Jan 16, 2016 06:19 PM #12
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Rainmaker
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Sharon Parisi

Dallas Homes
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