Park Cities Real Estate: Year to Date Market Analysis | Provided by Christine McKenny

 Park Cities Market Report: HPISD Single Family Home Sales Comparisons

 

Properties less than $1,000,000  Statistics, Jan-Sept 2014/ Jan-Sept 2015

 Price/sqft INCREASED 10.8% from $338.04 to $374.59

Avg Price Sold INCREASED  5.4% from $782,867 to $825,173

% of Sales price to Asking Price STEADY - 97% to 96.9%

Number of houses sold DECREASED 5.6% from 85 to 90

Average DOM DECREASED 32.7% - 55 to 73 days

 

 

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

 Price/sqft INCREASED 6.1% from $338.39 to $358.95

Avg Price Sold INCREASED 2.5% from $1,430,113 to $1,466,053

% of Sales price to Asking Price STEADY - 96.9% to 96.6%

Number of houses sold STEADY from 179 to 174

Average DOM INCREASED 11.7% - 60 to 67 days

 

 

$2,000,000-$3,500,000  Statistics, Jan-Sept 2014/ Jan-Sept 2015

 Price/sqft DECREASED 4.2% from $472.17 to $452.33

Avg Price Sold DECREASED 2% from $2,634,029 to $2,582,871

% of Sales price to Asking Price STEADY - 95.8% to 95.9%

Number of houses sold INCREASED 9% from 44 to 48

Average DOM INCREASED 4.8% - 105 to 110 days

 

 

$3,500,000+  Statistics, Jan-Sept 2014/ Jan-Sept 2015

 Price/sqft DECREASED 5.1% from $671.67 to $637.48

Avg Price Sold STEADY from $5,012,466 to $5,050,709

% of Sales price to Asking Price STEADY - 95.2% to 95.3%

Number of houses sold DECREASED 17.2% from 20 to 15

Average DOM DECREASED 16.6% - 157 to 134 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

 

Friday, 30 October 2015