Trending—Buying East Dallas and Lakewood
March 11th, 2015 | by Michelle
The personality-rich neighborhoods of East Dallas are always a favorite for buyers looking to invest in an established neighborhood with great architecture recognized public and private schools and miles of hiking, biking and outdoor fun along White Rock Lake.
Last year, the average price for a home in the Lakewood rose to over $527,000 and right now agents are seeing greatest demand in the $400,000- $600,000 price range. Exceptional homes, especially those with lake views, are selling for over $1,000,000.
6675 Lakewood Boulevard | Lakewood | Listed for $1,498,500
Today, homes in Lakewood are averaging 42 days on market, and the median age of people moving into the area neighborhoods is 35 years old.
6519 Gaston Avenue | East Dallas | Listed for $749,000
Agents are also reporting growing interest from Lakewood, Casa Linda, Forest Hills and East Dallas residents looking to move from a large family home to a smaller, post-parenting home that still has top-of-the-line amenities like a chef’s kitchen and flexible entertaining spaces with less overall square footage and fewer maintenance demands.
Click here to see more extraordinary homes in East Dallas.
For more luxury homes throughout the Metroplex, see briggsfreeman.com. Click here to see the latest in real estate news. President and CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty with seven offices in Dallas, Fort Worth, Uptown, Lakewood, Ranch and Land, The Ballpark and Southlake.