What's Selling In Your Neighborhood

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