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The Robbie Report: Dallas Neighborhood Update

This expanded Tudor at 4405 Southern Avenue in Highland Park is within walking distance to Bradfield andHighland Park Village. Photo / Briggs Freeman Sotheby’s International Realty

Real estate today needs smart, careful analysis. It’s a complex business that demands a high level of experience and knowledge about the areas being considered.

Our agents are experts in some of the most desirable sections of Dallas, particularly when it comes toHighland Park, University Park and Preston Hollow. They stay up-to-date on the latest market changes and are able to provide information and insight into very specific trends impacting each neighborhood.

 

The news is good in these areas that are highly sought-after thanks to recognized schools, distinct architecture, beautiful green space, and more.

Last year in Highland Park, the average number of days a home was on the market decreased from 93 down to 62, and the average price increased from $1 million to $1.5 million.

During the same time, estates in Preston Hollow sold in just 94 days and average price increased from $590,000 to $672,000.

And in University Park, days on market dropped from 84 to 52, while average price rose from $835,000 to almost $1.2 million.

The numbers say one thing: these areas are the places to be. And our staff knows them better than anyone.

I welcome your comments and questions.

Robbie Briggs

President and CEO | Briggs Freeman Sotheby’s International Realty | 1.847.780.6499

[email protected]

For more beautiful homes, see briggsfreeman.comClick here to see the latest in real estate news. CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty with five offices in Dallas, Uptown, Ranch and Land, The Ballpark and Southlake.