Old Lake Highlands Market Report April 2016

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

Norbuck ParkThe charm and location of Old Lake Highlands makes this a must see neighborhood for many buyers. Surrounded by parks, the neighborhood is a paradise for those who enjoy outdoor activities The neighborhood is located east of Central Expressway just to the northeast of White Rock Lake.  Norbuck Park is on on the northwestern side of the neighborhood and Lake Highlands Park is on the southwest side of the neighborhood.  To the southwest of Old Lake Highlands is White Rock Lake Park and trail, the Bath House Cultural Center, and White Rock Boat House. 

 

Old Lake Highlands has enjoyed a lively Sellers' Market for the last few years.  The following information will give you a feel for the market in this area.

 

Current Old Lake Highlands Market Information

 

Active Listings

6 homes are currently on the market.

Prices range from $299,000 to $399,900.

Square footage ranges from 1402 to 2705 square feet.

 

14 Homes are Under Contract

 

Sold Homes in the Last 90 Days

31 homes have sold in the last 90 days.

Average days on the market is 53 days.

Average sold price is $314,908.

Sales prices range between $292,000 and $626,500.

Average sales price per square foot ranges from $94.97 to $254.97 depending on the amount of renovation.

 

Many Old Lake Highlands homes were built in the 1950s.  Some are Mid-Century Modern architecture. Others are traditional and transitional architecture. Tree lined streets and gentle hills add to the charm of the neighborhood.

 

Old Lake Highlands is convenient to Downtown Dallas, North Park Center, Whole Foods Market, The Shops at Park Lane, DART, and Hexter Elementary School.

 

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.

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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Rainer
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Dana Tapia
Re/Max of Orange Beach - Orange Beach, AL
Gulf Coast Real Estate Professionals

Old Lake Highlands sounds like a great place, and others must think so, too. Having an average of 53 days on the market is a pretty good indicator. 

Apr 24, 2016 01:53 PM #1
Rainmaker
1,075,862
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Dana and Lisa,  this is a wonderful neighborhood that is convenient to downtown Dallas and shopping.  The parks, the lake and the views are amazing.

Apr 24, 2016 02:43 PM #2
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Rainmaker
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Sharon Parisi

Dallas Homes
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