HOT
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| Highland Park photography by Joshua Martin |
Park Cities
As always. Median price jumped 14 percent, to the highest in the area, at $830,000. Teardowns and new additions continue to increase value. And the school district is a draw.
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| Highland Park photography by Joshua Martin |
Park Cities
As always. Median price jumped 14 percent, to the highest in the area, at $830,000. Teardowns and new additions continue to increase value. And the school district is a draw.
|
| Highland Park photography by Joshua Martin |
Park Cities
As always. Median price jumped 14 percent, to the highest in the area, at $830,000. Teardowns and new additions continue to increase value. And the school district is a draw.
As always. Median price jumped 14 percent, to the highest in the area, at $830,000. Teardowns and new additions continue to increase value. And the school district is a draw.
Lovejoy ISD
This northeastern suburb adjacent to Allen had a drop of 2 percent in median price, to $275,500, but it’s a good place to sell quickly, with an average of only 39 days on market, least in the map area.
Princeton ISD
Also northeast, next to Lovejoy and drought-stricken Lake Lavon. Growth in this direction has paid off to produce a handsome 23 percent increase, to $120,270.
Farmersville
This far northeastern suburb on the eastern shore of Lake Lavon boasts the area’s top increase—36 percent—in median price, to $118,640. It may be the place to go when McKinney is too full.
Kennedale
This Tarrant County neighborhood saw its median price shoot up 24 percent, to $158,420. With the northeastern burbs of Fort Worth getting more crowded, the Arlington area sports better deals.
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Plano |
Plano
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Plano |
Plano
This northern suburb saw home prices increase a modest 2 percent, but total sales hit a chart-topping 4,194, not counting southeastern Denton County at 4,490. Good city planning helps this once-hottest market continue to grow.
Southlake
Highest median price, after the Park Cities, at $490,000—a 6 percent rise from 2005 to 2006. Credit suburban schools and championship football. Neighboring Colleyville is third on our map area, at $402,150.
COLD
Oak Lawn
Median sales price down 21 percent. The older, upscale gay population is moving into North Oak Cliff. Where are the replacements?
Wilmer-Hutchins
Houses in this far southeast neighborhood lay unwelcome claim to longest days-on-market, an average of 205. The median price of $53,000 was a drop of 30 percent from last year, a continuing decline due in large part to the troubled school district.
The Colony
Zero increase in home value of $133,380 from 2005 to 2006. As the urban fringe expands, areas that a few years ago were hot tend to stagnate.
South Oak Cliff
Decrease in sales price of 10 percent, while its more buzz-worthy neighbor, North Oak Cliff, was off 1 percent. Will the new inland port and the Trinity development kick this area back to life?
Royse City
Not-so-hot I-30 eastbound exodus, with a 5 percent drop in sales prices, to $130,080. Builders have overpopulated the area with subdivisions and have lowered prices of homes to stay competitive.
Blue Ridge ISD
Although just north of Farmersville, this is a weak performer with an 11 percent drop in median price, to $80,500. Seekers of a country lifestyle are choosing other towns such as Trenton and Leonard in Fannin County to avoid Collin County’s high tax.
Fort Worth Rosedale
It’s no great recommendation to register the lowest median price in the area—$37,000. But that’s 6 percent better than last year, and tremendous western growth in Tarrant County may continue to add value.
