THE
ANNUAL REPORT OF EPIC NEIGHBORHOODS
WHAT’S THE BIG DEAL? 2 BIGGEST DEALS IN TEXAS & DALLAS HISTORY
10000 HOLLOW WAY
4500 PRESTON ROAD
Listed at $100,000,000
Listed at $59,000,000
Sold by Allie Beth Allman & Associates
Sold by Allie Beth Allman & Associates
FOUR REASONS WHY
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ALLIE BETH ALLMAN & ASSOCIATES
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The most listings and $1M-plus listings in the Park Cities. The highest volume of listings and $1M-plus listings in Preston Hollow. The most listings in the Turtle Creek/Oak Lawn area. The highest volume of listings and $1M-plus listings in East Dallas.
ECONOMIC ENGINE
NUMBERS THAT MATTER
#1 396
New Dallasites daily
7,000
23
Texas is the #1 export state in the U.S.
Building permits in 2016 for the Town of Highland Park – permit value $33,048,830
$456.9B
Total value of housing in the DFW metro area, roughly equal to the gross domestic product of Poland
2
275,000
Students enrolled in DFW colleges and universities
Weekly flights from Dallas
DFW is the second-fastest growing metro area in the U.S.
100
YEARS
Age of the Town of Highland Park, the Highland Park Independent School District, the Highland Park United Methodist Church and Southern Methodist University
283,000
269
Corporate headquarters in DFW among 65,000 businesses
Workers employed by Dallas restaurants – 25% of Texas total
60 The number of entrepreneurial boutiques and restaurants in the Bishop Arts District
WHAT I LEARNED ABOUT WARREN BUFFETT Many of you know that about a year ago I was approached by Berkshire Hathaway to acquire my current company of eleven years. Since our new partnership, I’ve had the privilege of meeting some of the smartest and most supportive business people leading HomeServices of America, a Berkshire Hathaway Affiliate, as well as Warren Buffett himself. In brief, Berkshire Hathaway employs nearly 300,000 people and owns more than 55 companies, including GEICO, Fruit of the Loom, Dairy Queen, Helzberg Diamonds, Benjamin Moore Paints, NetJets, Burlington Northern, Sees Candies, MidAmerican Energy Holding Company and HomeServices of America. Visit www.berkshirehathaway.com/subs/sublinks.html for a complete list of Berkshire Hathway Inc.’s companies.
Berkshire Hathaway is proud of the values with which it conducts business. It has and will continue to uphold the highest levels of business ethics and personal integrity in all transactions and interactions. The Berkshire Hathaway approach is to acquire companies with great brands, great products and strong leadership. HomeServices of America is the second-largest residential real estate brokerage firm in the U.S. We were selected to be a part of this elite group of brokers because of our market presence, brand identity and professional reputation as the area leader in real estate. 2016 is recognized as the biggest housing year ever for our residential market. Economists are optimistic about the first six months of 2017. As you scan this overview of our great neighborhoods, we stand ready to answer your questions or visit and hear your thoughts about your home.
2016 OVERVIEW OF
EPIC NEIGHBORHOODS U N I V E R S I T Y PA R K
H I G H L A N D PA R K
2015
2016
Biggest Deal Original List Price
4000 University $5,199,000
6810 Turtle Creek $10,000,000
Number of Homes Sold
296
Total Sales Volume Average Price Days on Market
PRESTON HOLLOW ESTATES
2015
2016
Biggest Deal Original List Price
4700 Saint Johns $15,985,000
3500 Crescent $7,995,000
Biggest Deal Original List Price
10718 Bridge Hollow 4625 N. Lindhurst $5,750,000 $3,185,000
276
Number of Homes Sold
107
118
Number of Homes Sold
30
640
$442,800,157
$429,567,007
Total Sales Volume
$228,096,189
$270,200,415
Total Sales Volume
$45,321,000
$664,715,138
$1,495,946
$1,556,402
Average Price
$2,131,740
$2,289,834
Average Price
$1,510,700
$1,038,617
64
68
Days on Market
82
82
Days on Market
87
59
M I D W AY H O L L O W
BLUFFVIEW
2015
2016
G R E E N W AY PA R K S
2015
2016
2015
2016
2015
2016
Biggest Deal Original List Price
4136 Dunhaven $999,000
4161 Beechwood $899,000
Biggest Deal Original List Price
8519 Swananoah $3,198,000
8545 Midway $4,695,000
Biggest Deal Original List Price
5338 Drane $3,249,000
5343 Waneta $2,275,000
Number of Homes Sold
163
39
Number of Homes Sold
33
36
Number of Homes Sold
24
8
Total Sales Volume
$59,063,269
$74,413,469
Total Sales Volume
$22,910,782
$25,911,800
Total Sales Volume
$30,623,450
$11,063,750
Average Price
$362,351
$425,220
Average Price
$694,266
$719,772
Average Price
$1,275,977
$1,382,969
Days on Market
33
39
Days on Market
54
81
Days on Market
46
114
UPTOWN
2015
EAST DALLAS
2016
2015
2016
PRESTON HOLLOW 2015
2016
Biggest Deal Original List Price
2555 Pearl RR1 $5,356,400
2555 Pearl 2200 $8,500,000
Biggest Deal Original List Price
6735 Westlake $3,995,000
6858 Tokalon $2,299,000
Biggest Deal Original List Price
9806 Inwood $12,999,000
9784 Audubon $6,999,999
Number of Homes Sold
1,324
1,162
Number of Homes Sold
2,474
2,413
Number of Homes Sold
667
605
Total Sales Volume
$507,483,212
$439,804,118
Total Sales Volume
$918,812,988
$957,348,058
Total Sales Volume
$710,292,725
$630,234,638
Average Price
$383,295
$378,489
Average Price
$371,388
$396,746
Average Price
$1,064,914
$1,041,710
Days on Market
47
37
Days on Market
38
35
Days on Market
61
58
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THE TEAM BRIDGING “FOR SALE” TO “SOLD” Kamela Hollis Aboussie Shelly Adams Nancy Addison Allie Beth Allman Zak Anderson Gail Andrus Irmgard Arthur Kimberly Ashmore Jordan August Sanders Avrea Taylor Baird Erin Ballard Katherine Ballard Sharon Barbee Kloe Barcus Chad Barrett Cynthia Beaird Meg Beaird Ashley Beane Diane Bearden Polly Beckman Thomas Bellinger Julie Pierce Bentley Debi Berg Nancy A. Bergamasco JoAnna Bernet Bev Berry Sherri Berson Mary Black Susan Blackburn Chris Blackman Edith Blackmarr Deb Borrell Susan Bradley Brandi Bragg Susan L. Bratton Camille Brennan Bart Breunig Deanne Brock Robin Brock John Brosius Avri Brosseau Lauren Bryant Javier Burkle Erika Burton Jeanna Butler Aaron Carroll Kim Jacobs Calloway Cathy VandeMotter Carney Cheryl Carter Melinda Cates Rebecca Center Liz Chalfant Chan Chandler Deborah Charisse-Graff Lynnda Chinai Erika Ching Marc Ching Melinda Cleaveland Mellie Cline Kirsin Schoeller Cockrell Shirley Cohn John Coke Alexis Collard Keith Conlon Jacqueline Galli Converse Tara Conway
Steve Cowan Fran Cox James Cox Terri Cox Kyle Crews Sally Cullum Vedah Daboub Kim Dale Michelle Delaurier Jeanne Deptula Laura DeVega Nancy Dietrich Pam Dyer Bob Edmonson Knoxie Edmonson Tracy Edwards Victoria Eichor John Eller Eve Elsbury Tracy Else Blake Eltis Dick Enlow Mike L. Everett Brittain Ewart Bill Farrell Janey Fenton Brett Field Page Fielder Izabela Florence Colleen Flowers Cory Flowers Dodie Foxworth Julie Coats Frakes Camille Francis Michelene Galbraith Mindy Gallatti Linda Galli Priscilla Garcia Mary Alice Garrison Graciela Garton M.D. Vanessa Garton Alana Myers Gilhang Ashley Gomez Hilary Graham Kris Graves Richard Graziano Forrest Gregg Tammy Gribble Steven Guthrie Ale Hage Kelly Hansen-Jekauc Sharon Hansen Tom Haralson Margie Harris Callan Harrison Juli Harrison Hayley Harvey-Peter Lola Hashem Heather Hicks Kristy Hill-Vincent Elizabeth Ho Carole Hogg Carla Hollis Jackie Hong Gina Howell Blair Baldwin Hudson Nancy Hudspeth
Susan Hull Noreen Humenesky Bianca Tuma Hunter Debbie Ingram Crystal Iversen Doris Jacobs Jack Jacobs Teffy Jacobs Kris Jaeckle Ashlee James Shelby James Linda Jimerson Sara Gulbas Johnson Deborah Jones Breeanna Joubran Alex Kaliniak Anne Kashata Betty Kerlick Cliff Kessler Brad Kimple Polly Kinzy Lauren Klein Kari Schlegel Kloewer Laura Konz Santina Kornajcik Jennifer Kresh Sue Krider Sam Kriske David Lane Nora Ling Lane Annamari Lannon Joan Laufenberg Blythe Layne Lindsey Young Lee Linda Lehman Susan Levanas Tracy Lewis Ashley Lindsey Michael Litzinger Pete Livingston Jill Long Nancy Lukken Linda Lundahl Karen Luter Kelli Macatee Laurie Mah Anna Mamminga Carol Ann Mamminga Kevin Mamminga Mike Mamminga Nicki Manning Margaret Manser Francesca Allegra Martin Shannan Martin Brittany Mathews Erin Mathews Carole McBride Kathy McBride Mason McCleskey Jerry McCombs Katherine McCullough Melani McDougal Leanne McKinley Sada Millican Cyndi Mitchell Emily Mosher Mobley Marianne Morris
Elizabeth Mosher Lynn Mosley Mary Mousa Debbie Murray Brenda Nelson Bitty Nettle David Nichols Jamie Noonan Rachel Norris Ani Nosnik Melissa Oates Chari Oglesby Anne Oliver Sharon Palmer Beth Gilbert Parks Alexis Pearl Marianne Maher Percy Daylon Pereira Alex Perry Philip Peter Maribeth Messineo Peters Peggy Peters Jane Phillips
Michael Redden Grey Reed Carol Bright Reeder Sharon Rembert Jacob Remington Carolina Rendón Marcel Rendón Debra Robertson Missy Kennedy Robinson Mary Katherine Roby Emily Rogers Jan Rook Alex Roostaei Steven Rosenthal Kimberly C. Rote Ashley Rupp Michelle Rutledge Karen Rydman Cheryl Saldana Brenda B. Sandoz Tommy Sandoz Betty Woodson Sanders Leigh Sands
Julie Sinacola Allison Smith
Sandy Biggs Smith Amanda Smith
Carol Ann Smith Margaret Smith Milton Smith Bob Spies
Debbie Giles Spies Courtney Squibb
Cathy Baldwin Stafford Cindy Stager
Laurie Steinberg Sheryl Stephens Ariane Stern
Alycia Stisser Mark Storer Eve Sullivan
Holly Thompson
Kristen Adams Thornhill Patrick Thornhill Shelly Tillery
Katy Tomaszczuk Jaime Tomlin
Judy Bradley Traylor
TEAMING WITH THE BEST IN BUSINESS
—
“A home is one of the most important assets that most people will ever buy. Homes are also where memories are made and you want to work with someone you trust.” —
Judy Tuley
Alyse Kate Van Scoy
Donna Vanderwoude Robert Vaticalos
Kate Looney Walters Richard Waite Lorry Wallace Jim Walsh
Deborah Walton Rosie Waters
Ed Weatherford Kris Weir
Tiffaney Weisser
Catherine Welch Laurie Welch
Debbie Wheelock Stephen A. White Tom White
Lee Widmer
Alanna Wiebe
WARREN BUFFETT CHAIRMAN B E R K S H I R E H AT H A W A Y, I N C .
Scott Wiessner
Debra Williams Lyn Williams
Marsue Williams
Jenica Williamson Judy Willingham Bill Willis
Stephanie Pinkston Dennie Pitzer Masha Planey Ken Pratt Ashley Prince Frank Purcell Margaret Ann Purse Chris Pyle Ashley Rasmussen Lisa Ratliff Mary Jo Rausch Becky Ray Erin Ray Amy W. Rea
5015 Tracy Street, Dallas, TX 75205 | 214.521.7355 | info@alliebeth.com | alliebeth.com
Susan Sanford Laura Saunders Gene Schulle Tim Schutze Susan Shannon Kathryn Smith Sharrock Sally Shaw Robin Sheedy Fay Sheehan Patrice Shelby Billie J. Sheppard Karin Shoffner Gailya Silhan Holly Paige Simpson
Kelley Willis
Catherine Wilson Victoria Wiman
Kelley S. Winsor Dot Winston
Elizabeth Wisdom Cathleen K. Witte Tony Witte
Jennifer Wolfman Andy Woodring Erin Young
Lillie Young
Cynthia Zidell Burt Zinser