What’s Selling In Your Neighborhood R E A L E S TAT E R E P O R T
D CEO MAGAZINE NAMES
D A L L A S’ C E O O F R E A L E STAT E Though she could barely reach the pedals, she was driving her daddy’s pickup truck around the family farm at 6 years old. The free-spirited, blonde-haired, blue-eyed girl knew how to milk a cow and harvest wheat, and could walk barefoot 2 miles into the North Texas town of Graham—or, she says in her molasses-thick Southern accent, “Gray-yum.” She liked to cause innocent mischief with her much shyer best friend, Martha Kay Morgan, whom she’d known since they were both 3. And when she wasn’t at school or taking ballet lessons, she was sitting at the dinner table with her two sisters, her father, and her mother eating her mother’s freshly made fried chicken, rolls, and ice cream. She didn’t understand money—or that her family didn’t have much of it—and she couldn’t read a word due to dyslexia. But in her mind, she was rich and the world was at her feet. “There’s plenty of room in this town for everyone to succeed,” she says about a life lesson she learned when she was young. “My parents never said you can do anything. They said you will.” Perhaps it was because her father often called her and her sisters “the prettiest girls in town,” or maybe it was because her mother often countered with, “Pretty is as pretty does.” Whatever the reason, Allie Beth Allman (née Allie Beth McMurtry) grew up thinking she could do anything. So she built a Dallas residential real estate empire. Dallas-based Allie Beth Allman & Associates, which Allman founded in 1985, is known for closing some of the biggest North Texas deals. Her client list includes Dallas Cowboys’ famed coach Tom Landry, team owner Jerry Jones, and Hall of Fame Quarterback Troy Aikman, as well as former President George W. Bush, for whom she traveled to the White House to deliver the keys of his new home in Preston Hollow. She’s sold properties like the 10,000-square-foot Highland Park home of the late Trammell Crow and his wife Margaret Crow, the “Southfork” mansion featured on the CBS-TV show “Dallas,” and Tom Hick’s $100 million, 25-acre, historic estate in North Dallas, the biggest residential property in the city… Excerpt from D CEO Magazine, June Issue READ FULL ARTICLE ONLINE: dmagazine.com/publications/d-ceo/2017/june
ECONOMIC ENGINE
N UM BE R S T H AT M AT T E R
1,280
YTD TOTAL SALES OF ESTATES OVER $5M
$1 million neighborhoods in U.S. (at least 10% of homes in the area)
According to Multiple Listing Service
130,000
PARK CITIES
New homes will be built in 2017 in Dallas, Austin, Houston (more than 10% of all new construction in U.S.)
Allie Beth Allman & Associates
650,182
New residents added in DFW from 2010-2015
*
PRESTON HOLLOW Allie Beth Allman & Associates *Listing sold off market
$434,036,000,000,000 That’s $434,036 billion—the Real Gross Product forecast for Dallas for 2021
YTD OVERVIEW OF
EPIC NEIGHBORHOODS H I G H L A N D PA R K
U N I V E R S I T Y PA R K
PRESTON HOLLOW ESTATES
2016
2017
2016
2017
2016
2017
Biggest Deal Original List Price
3500 Crescent $7,995,000
4850 Preston Rd $14,500,000
Biggest Deal Original List Price
6810 Turtle Creek $10,000,000
3525 Centenary $4,695,000
Biggest Deal Original List Price
4625 N. Lindhurst $3,185,000
5020 Elm Hollow $13,750,000
Number of Homes Sold
91
102
Number of Homes Sold
192
227
Number of Homes Sold
6
28
Total Sales Volume
$175,548,620
$212,916,590
Total Sales Volume
$267,540,574
$297,174,758
Total Sales Volume
$21,506,500
$44,304,864
Average Price
$1,929,106
$2,236,477
Average Price
$1,373,440
$1,309,140
Average Price
$827,173
$1,582,317
Days on Market
76
90
Days on Market
62
63
Days on Market
66
74
PRESTON HOLLOW 2016
2017
EAST DALLAS 2016
BLUFFVIEW
2017
2016
2017
8545 Midway $4,695,000
8403 Swananoah $2,360,000
Biggest Deal Original List Price
9784 Audubon $6,999,999
5020 Elm Hollow $13,750,000
Biggest Deal Original List Price
6858 Tokalon $2,299,000
4535 W. Lawther $3,990,000
Biggest Deal Original List Price
Number of Homes Sold
583
615
Number of Homes Sold
1,845
1,873
Number of Homes Sold
36
21
Total Sales Volume
$419,341,068
$525,711,988
Total Sales Volume
$682,311,747
$775,882,675
Total Sales Volume
$25,911,800
$16,051,560
Average Price
$719, 281
$854,816
Average Price
$366,817
$414,214
Average Price
$719,772
$764,364
Days on Market
46
50
Days on Market
35
35
Days on Market
81
91
G R E E N W AY PA R K S
UPTOWN
M I D W AY H O L L O W
2016
2017
Biggest Deal Original List Price
5343 Waneta $2,275,000
5339 Nakoma $2,275,000
Biggest Deal Original List Price
2555 Pearl 2200 $8,500,000
3901 Turtle Crk #10 $3,750,000
Number of Homes Sold
8
8
Number of Homes Sold
814
Total Sales Volume
$11,063,750
$10,308,000
Total Sales Volume
$309,485,843
Average Price
$1,382,969
$1,288,500
Average Price
Days on Market
114
114
Days on Market
2016
2017
2016
2017
Biggest Deal Original List Price
4161 Beechwood $899,000
9414 Thornberry $1,499,000
751
Number of Homes Sold
52
61
$330,110,410
Total Sales Volume
$26,828,330
$35,382,919
$380,204
$439,561
Average Price
$515,929
$580,048
37
50
Days on Market
45
45
#
LEADING SALES IN PA R K C I T I E S & P R E S T O N H O L L O W A C C O R D I N G T O M L S*
ABA Competitor 1 Competitor 2
PARK CITIES & VICINITY
PRESTON HOLLOW
YTD Total Sold Volume
YTD Total Sold Volume $444,000,000 $378,000,000 $263,000,000
ABA Competitor 1 Competitor 2
$188,000,000 $169,000,000 $167,000,000 *MULTIPLE LISTING SERVICE
THE TEAM
BRIDGING “FOR SALE” TO “SOLD”
Kamela Hollis Aboussie Shelly Adams Nancy Addison Kimberley Allen Allie Beth Allman Michael Anderson Savannah Andrews Gail Andrus Irmgard Arthur Kimberly Ashmore Jordan August Sanders Avrea Taylor Baird Erin Ballard Katherine Ballard Sharon Barbee Kloe Barcus Barbara Barney Chad Barrett Cynthia Beaird Meg Beaird Ashley Beane Diane Bearden Polly Beckman Thomas Bellinger Debi Berg Nancy Bergamasco Bev Berry Sherri Berson Mary Black Susan Blackburn Chris Blackman Edith Blackmarr Noy Bolurian Deb Borrell Alexandra Boury Susan Bradley Brandi Bragg Susan Bratton Camille Brennan Deanne Brock Robin Brock John Brosius Avri Brosseau Jennifer Buckles Francisco Burkle Erika Burton Jeanna Butler Kim Calloway Kathy Carney Aaron Carroll Cheryl Carter Melinda Cates Alison Causey Rebecca Center Elizabeth Chalfant Chan Chandler Deborah Charisse Lynnda Chinai Erika Ching Marc Ching Nora Clark Mellie Cline Kirstin Cockrell Trish Coffeen Shirley Cohn John Coke Kendall Coleman Alexis Collard Keith Conlon
Jacqueline Converse Tara Conway Fran Cox James Cox Kyle Crews Sally Cullum Vedah Daboub Kim Dale Christine Danuser Michelle Delaurier Jeanne Deptula Laura DeVega Nancy Dietrich Nikki Dinari Pam Dyer Ashley Early Bob Edmonson Knoxie Edmonson Victoria Eichor John Eller Marcy Eller Eve Elsbury Tracy Else Blake Eltis Mike Everett Brittain Ewert Nyda Faith 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 Erin Young Garrett Mary Alice Garrison Vanessa Garton Graciela Garton, MD Debbie Giles Alana Gilhang Ashley Gomez Hilary Graham Kris Graves Richard Graziano Forrest Gregg Tammy Gribble Steven Guthrie Scott Hagar Ale Hage Sharon Hansen Ellen Harbison Margie Harris Callan Harrison Juli Harrison Lola Hashem Paige Heinze Heather Hicks Kristy Hill Elizabeth Ho Carole Hogg Carla Hollis Jackie Hong Gina Howell Blair Hudson Nancy Hudspeth
Susan Hull Noreen Humenesky Debbie Ingram Doris Jacobs Jack Jacobs Teffy Jacobs Daniel Jacobson Kris Jaeckle Ashlee James Shelby James Kelly Hansen Jekauc Duke Jimerson Linda Jimerson Sally Johnson Sara Johnson Taylor Johnson Tyler Johnson Deborah Jones Breeanna Joubran Alex Kaliniak Anne Kashata Betty Kerlick Cliff Kessler Brad Kimple Polly Kinzy Kate Kirtley Kari Schlegel Kloewer Elizabeth Kohler Laura Konz Santina Kornajcik Jennifer Kresh Sue Krider Sam Kriske Nora Ling Lane Annamari Lannon Joan Laufenberg Blythe Layne Lindsey Young Lee Linda Lehman Susan Levanas Tracy Lewis Pete Livingston Jill Long Nancy Lukken Linda Lundahl Karen Luter Kelli Macatee Laurie Mah Anna Mamminga Carol Ann Mamminga Kevin Mamminga Michael Mamminga Nicki Manning Margaret Manser Francesca Markham Shannan Martin Brittany Mathews Erin Mathews Carole McBride Kathy McBride Mason McCleskey Erin McClung Jerry McCombs Katherine McCullough Christine McKenny Leanne McKinley Robin Michel Sada Millican Cyndi Mitchell
Emily Mobley Marianne Morris Elizabeth Mosher Lynn Mosley Mary Mousa Kimberly Ann Mullin Debbie Murray Ryan Hill Naggar Brenda Nelson Bitty Nettle David Nichols Jamie Noonan Rachel Norris Ani Nosnik Melissa Oates Chari Oglesby Anne Oliver Sharon Palmer Beth Gilbert Parks Terri Patrick Cox Alexis Pearl Marianne Percy Daylon Pereira
Lisa Ratliff Mary Jo Rausch Becky Ray Erin Ray Amy Rea Carol Reeder Sharon Rembert Jake Remington Carolina Rendon Marcel Rendon Scott Reynolds Missy Kennedy-Robinson Mary Katherine Roby Jonathan Rodela Emily Rogers Jan Rook Alex Roostaei Steven Rosenthal Kimberly Rote Ashley Rupp Michelle Rutledge Karen Rydman Cheryl Saldana
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.” — WARREN BUFFETT CHAIRMAN B E R K S H I R E H AT H A W A Y, I N C .
Alex Perry Hayley Harvey Peter Maribeth Peters Peggy Peters Jane Phillips Stephanie Pinkston Dennie Pitzer Masha Planey Ken Pratt Ashley Prince Frank Purcell Margaret Ann Purse Chris Pyle Ashley Rasmussen
5015 Tracy Street, Dallas, TX 75205 | 214.521.7355 | info@alliebeth.com | alliebeth.com
Betty Sanders Brenda Sandoz Tommy Sandoz Leigh Sands Susan Sanford Laura Saunders Gene Schulle Tim Schutze Susan Shannon Kimberly Shapiro Sally Shaw Robin Sheedy Fay Sheehan Patrice Shelby
Billie Sheppard Karin Shoffner Gailya Silhan Holly Simpson Julie Sinacola Allison Smith Carol Ann Smith Milton Smith Bob Spies Cathy Baldwin Stafford Cindy Stager Myriam Ste Marie Laurie Steinberg Sheryl Stephens Ariane Stern Diana Stewart Alycia Stisser Mark Storer Eve Sullivan Avril Terry Holly Thompson Susie Thompson Kristen Adams Thornhill Patrick Thornhill Shelly Tillery Katy Tomaszczuk Jaime Tomlin Judy Traylor Judy Tuley Bianca Tuma Alyse Van Scoy Donna Vanderwoude Robert Vaticalos Richard Waite Lorry Wallace Jim Walsh Kate Walters Ed Weatherford Robert Weatherly Kris Weir Tiffaney Weisser Caty Welch Laurie Welch Debbie Wheelock Stephen White Tom White Lee Widmer Alanna Wiebe Debra Williams Lyn Williams Marsue Williams Jenica Williamson Judy Willingham Bill Willis Kelley Willis Catherine Wilson Victoria Wiman Kelley Winsor Dot Winston Elizabeth Wisdom Cathy Witte Tony Witte Jennifer Wolfman Andy Woodring Lillie Young Cynthia Zidell Burt Zinser