Watch the May 2017 Issue | Lake Highlands Market Report!
Hi, I’m Alan Smith the owner/ broker of Alan Smith Realtors and providing you a “hassle free” real estate experience through written guarantees.
I’m bringing you the May 2017 issue of the Lake Highlands Market Report. To stay on top of the real estate market follow us on Facebook, Youtube or this blog to receive your monthly “insider” real estate report.
Lake Highlands is a beautiful in-town area northeast of downtown Dallas. One of its popular neighborhoods is Merriman Park/University Manor. If you are not familiar with Lake Highlands, I would be glad to show you why I believe it is one of the best places in Dallas to live.
The current market data I’m providing is for April 2017 and is based on single family resale homes. This data is provided by North Texas Real Estate Information Systems which is our local MLS. It shows a 2.2 month supply of single family homes for April. With 6 months indicating a balanced market we are still in a strong seller’s market. There were 166 single family homes for sale in April. We are currently averaging about 24 days on market. With the Days on Market low and the tight home inventory our average sales price continues to be driven up in the Lake Highlands area to $316,141. Be sure and Continue to the end of the video to see the slide with all the market stats for Lake Highlands!
So if you are thinking of buying or selling I will be glad to help you navigate this dynamic market! If you would like immediate help in this dynamic market call me at 214-347-9023.
Or maybe you are just getting started then go to AlanSmithRealtors.com If you are a buyer click the buyer tab to get Instant Access to All the Homes for sale just like a Realtor. And if you are a seller click the seller tab to get Your 2017 Comprehensive Market Evaluation that includes what homes are selling for in your neighborhood.
See you next month, And remember at Alan Smith Realtors we don’t just promise you excellent service we guarantee it in writing!