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

1-3pm 

5033 Brookview Drive | $3,195,000 | 5 bedrooms | 6.2 baths | 8914 sqft | 1.37 Acres | 4 Car Garage

All the bells and whistles you could want: Museum white finish walls, new interior floors, updated kitchen with Carrera marble and Viking appliances, Media room, Exercise room, Bonus room with full bath and bar area, fully wired for sound. Cabana/Guest quarters, Oversized saltwater diving pool, Security cameras, CAT 5 wiring, 4 car garage, gated entrance with new driveway, new fence, landscape lighting. For more information click HERE! 

1-3pm

4352 Fairfax Avenue | $1,995,000 | 3 Bedroom | 2 Bath | 1946 sqft | .28 Acres | Corner Lot

Location Location! Remodel, add-on or build on! Rare opportunity for a corner build site in Highland Park. Walk to Bradfield and Highland Park Village. Huge attic space could be built out. Separate sheet rocked room in attic great for extra storage. Front - 84.6 Rear - 99.2 East side - 133.5 West side (street side) - 132.6. 12,183.48 square feet. For more information click HERE! 

3-5pm

5511 Royal Lane | $1,765,000 | Hip Pocket | 5 Bedroom | 6.1 Bath | 5989 sqft | .98 Acres | 3 Car Garage

Fabulous opportunity to own an acre in an exclusive cul de sac location. Transitional look with clean lines, soaring ceilings, neutral colors, terrazzo flooring, great flow, knock out kitchen, media room. Brand new roof with 50 yearr warranty. Spacious master suite offers quartz rock fireplace with sitting area, and attached workout room/office. His & Hers marble bathrooms with sauna, and private patio with hot tub and TV. Large bonus room plus nanny quarters. Saltwater diving pool features fiberoptic color changing water features, hot tub, plus play yard. Floored attic space with storage room. 40% DCAD tax adjustment! For more information click HERE!