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Market Update: 2017 University Park Texas Luxury Home Market Update - January 2018

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January 17, 2018 by Nitin Gupta, GRI, REALTOR

University Park Luxury Home Sales in 2018

2017 continued to be strong for luxury home sales in University Park Texas. The luxury market over $1 Million stayed strong in 2017, with 211 homes priced more than $1,000,000 sold. The cheapest luxury home was sold for $1,000,000 and the most expensive home was sold for $5,200,000.

The most active subdivision was University Heights with roughly half of the sales in 2017. Other subdivisions with most homes sold are:

  • Caruth Hills

  • Idlewild

  • Preston Place

  • Armstrong Fairway

  • Westminister Place

More than half of the luxury homes were sold for more than $1,500,000 in University Park in 2017.

Active Listings

Inventory in the University Park is stable, with 78 active homes at end of December 2017. The most expensive home currently listed is priced at $5,200,000.

Pending Sales

There are 12 additional homes pending sale with half of the pending homes listed below $1,500,000.

There are many other “off-market” properties coming available. Inquire if you would like to know before they list!

Kitchen from one of the most expensive homes sold so far in 2017 in University Park

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How to get your home SOLD fast with no stress for the most amount based on market?

  • Choose a Realtor you can trust

  • Price it right

  • Make sure your home shows well

  • Remove all the roadblocks from showing your home to potential buyers

It takes more than just these four suggestions but if you do the first one (choosing the right Realtor), you'll be in great hands!

If you are thinking about selling or listing your University Park TX home and would like to find out the market value, you can use this link to get a FREE home evaluation. You can also call or text me at 469-269-6541 or visit www.NitinGuptaDFW.com

Get an Edge

How can both buyers and sellers have an edge in the University Park Texas real estate market? Employ the services of a University Park real estate agent who has knowledge and experience of the market. Nitin Gupta, GRI, REALTOR can help you with your University Park home sale or purchase.

Find University Park Homes for Sale & or Sell Your University Park Home

Make sure to subscribe to my blog so you don’t miss out on any University Park homes news. Click here to find out what your University Park Texas home is worth and to discuss your housing needs.

For more information about news and events in University Park, subscribe to University Park News, and for ongoing information about Highland Park ISD, check this out.

The above information regarding the “Market Update: University Park Texas Luxury Market Update" was provided by Nitin Gupta, REALTOR. Nitin has experience helping families buy and sell homes in the Dallas/Fort Worth area. If you’re thinking of selling or buying, he would love to share his knowledge and expertise. Learn more about University Park real estate market and Dallas County Real Estate news at University Park News & Homes

The communities Nitin proudly serves include University Park, Flower Mound, Southlake, Grapevine, Colleyville, Coppell and Frisco

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