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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Highland Park in Park Cities, Texas

Reported by Greg Pape, Broker-Associate

Updated May 13, 2012.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 3




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Falling

Rising

Lawrence Yun, NAR chief economist, said there is some volatility in the price performance. "Home prices are more volatile than normal because of sudden upswings in buyer activity in some localities, and also are affected by the prevalence of distressed sales," he said. "Home prices lag sales activity because the transactions were negotiated mostly in the previous quarter. Given the steadily dwindling supply of inventory and notably higher listing prices that are being negotiated today, prices are expected to show further improvements in the near future."


ZIP Codes: 75205, 75225, 75230

Location Characteristics: Highland Park has its own city government. Great school system (HPISD) often ranking in the top ten in the nation. Home of Highland Park Village and the Dallas Country Club. Churches in include Highland Park Methodist and Highland Park Presbyterian church.

For More Information:

View Market Conditions of other areas served by Greg Pape

Navigate: Top > Texas > Park Cities > Highland Park

About Greg Pape:
Service Above Self. I am a dedicated expert in neighborhoods that I serve. I identify market trends and put my expertise to work in serving you.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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30 Year Fixed: 3.83%
15 Year Fixed: 3.05%
1 Year Adj: 2.73%
(U.S. Weekly Averages)

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