Home Sales Trends in 2013 for the Summit Ridge subdivision – Lewisville, Texas

Home Sales in the Summit Ridge subdivision in Lewisville, Texas have been brisk in 2013, with 5 homes sold. The homes sold were built between 1994 and 1995, and the average sales price for a home in the Summit Ridge subdivision was $194,370. The lowest sale was at $155,000 and the highest sale was at $230,000.

The average size of a home in the Summit Ridge subdivision is 2,043 sq. ft., with the smallest at 1,554 sq. ft. and the largest at 2,724 sq. ft. Homes in the Summit Ridge subdivision sold, on average, in 17 days. The quickest sale took 1 days and the longest sale 68 days. The average price per square foot for a home in the Summit Ridge subdivision is $97.11.

Summit Ridge subdivision is located in Lewisville, Texas, a city of 95,290 people founded in 1925. Lewisville is roughly 36.4 square miles in size near Lake Lewisville. When construction of Lewisville Lake was completed in the 1950s, the city began to expand rapidly making it one of the fastest growing city populations in the United States. Lewisville is located in Denton County Texas on the far northwest side of Dallas.

Overall home sales in Lewisville, Texas are at 4,504 homes sold, with an average sales price of $263,155. On average, sellers received 96% of their asking price, with homes spending an average of 44 days on the market. Lewisville is known as area 41 in the North Texas Real Estate Information System. This information is believed reliable but is only as accurate as reported by the system in the month of December 2013.

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

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