Lake Forest Subdivision in Dallas, Texas Home Sales Trends in 2014

Housing sales in the Lake Forest subdivision in Dallas have reached 22 houses sold for 2014. The age range of the homes sold is between the years 1953 and 1990. The average home sale in the Lake Forest subdivision was $1,017,523, the lowest sales price at $475,000, and the highest at $1,935,000.

The average home size in Lake Forest is 4,022 square feet. The smallest house size was 1,989 square feet, and the largest was 7,347 square feet. Houses in Lake Forest sold, on average, in 49 days. The speediest sale took 1 days and the slowest sale 170 days.

The Lake Forest subdivision is located in Dallas, Texas, the largest city in the DFW metropolitan area. The DFW GDP is the sixth largest in the nation and 14th in the world. It is home the third largest concentration of Fortune 500 companies in the nation and the fourth largest job market.

Overall home sales in Dallas, Texas are at 7,018 homes sold, with 9,479 new listings. The North Texas Real Estate Information System designates the following Dallas MLS Areas: Dallas North and Lake Highlands (Dallas Northeast) is MLS Area 18, Dallas Northwest is MLS Area 16, Dallas Uptown is MLS Area 17, Dallas White Rock is MLS Area 12. This information is believed reliable but is only as accurate as reported by the system in the month of December 2014.

DFW Team Realty is your local expert specializing in home sales in the Lake Forest subdivision, as well as home foreclosures and short sales in the Lake Forest subdivision. If you are looking to buy or sell a home in Lake Forest, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

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