Median Park Cities Sales Price Tops $1,000,000


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Steve Brown over at The Dallas Morning News is reporting that the median home sales price in the Park Cities topped $1 million for the first time in the first quarter of 2014.

 

According to the latest data from the Real Estate Center at Texas A&M University and the North Texas Real Estate Information Systems, a mid-priced home in Highland Park or University Park now costs $1.1 million. That’s 30 percent more than what the median home sales price in the Park Cities was in first-quarter 2013.

 

Sales of million-dollar plus homes across North Texas are soaring. To date in 2014, 194 houses priced at $1 million and up have sold, according to MLS statistics. That’s a third more of than in first-quarter 2013.

 

To see Brown’s full article, click here. To see all of the homes currently listed in the Park Cities – and across North Texas – click here.