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Greater Preston Hollow Area Market Report: Single Family Home Sales Comparisons

 

Properties Less than $750,000  Statistics, Jan-Sept 2014 / Jan-Sept 2015

Price/sqft INCREASED 4.7% from $204.10 to $213.68

Avg Price Sold INCREASED 6.6% from $495,746 to $528,250

% of Sales price to Asking Price STEADY - 97.4% to 97.02%

Number of houses sold DECREASED 30.5% from 105 to 72

Average DOM DECREASED 12.7% - 63 to 55 days

 

 

$750,000 - $1,000,000  Statistics, Jan-Sept 2014/ Jan-Sept 2015

Price/sqft STEADY from $238.17 to $236.96

Avg Price Sold STEADY from $871,873 to $866,112

% of Sales price to Asking Price STEADY - 96.8% to 96.5%

Number of houses sold STEADY from 44 to 45

Average DOM DECREASED 16.5% - 79 to 66 days

 

 

$1,000,000 - $2,500,000  Statistics, Jan-Sept 2014/ Jan-Sept 2015

Price/sqft INCREASED 6.4% from $275.83 to $293.58

Avg Price Sold INCREASED 6.82% from $1,556,352 to $1,662,563

% of Sales price to Asking Price STEADY - 95.8% to 96.7%

Number of houses sold INCREASED 17.2% from 128 to 150

Average DOM DECREASED 13% - 100 to 87 days

 

 

$2,500,000 - $4,000,000  Statistics, Jan-Sept 2014/ Jan-Sept 2015

Price/sqft DECREASED 12.9% from $441.18 to $384.28

Avg Price Sold DECREASED 7.45% from $3,198,233 to $2,959,817

% of Sales price to Asking Price STEADY from 94.19% to 95.55%

Number of houses sold DECREASED 12.5% from 16 to 14

Average DOM DECREASED 22.68% - 194 to 150 days

 

 

$4,000,000+  Statistics, Jan-Sept 2014/ Jan-Sept 2015

Price/sqft DECREASED 17.97% from $760.42 to $623.78

Avg Price Sold STEADY from $7,503,757 to $7,361,429

% of Sales price to Asking Price INCREASED - 93.21% to 95.34%

Number of houses sold DECREASED 22.22% from 9 to 7

Average DOM DECREASED 12.14% - 173 to 152 days

 

Christine McKenny's Statistics 

  • Represented Seller in 4th Largest Sale ($6.750M) in all of Park Cities, Preston Hollow, and Greater DFW Area Year to Date*
  • Over $43 Million SOLD Year to Date
  • Averaged $4.77 Million Closed per Month Year to Date
  • Top Producing Dave Perry-Miller Agent for Volume in Park Cities (area 25) & Preston Hollow (area 11) Combined, Year to Date*

* MLS Statistics as of 10/29/15

 

Christine McKenny
Dave Perry-Miller Real Estate
 
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