2023
HOME EDITION
REAL ESTATE DATA
COMPILED BY KEVIN CUMMINGS
2022-23 Lake Highlands and Lakewood real estate market at a glance Home prices—along with total sales and the amount of time homes have stayed on the market—have been in ux for the past two calendar years in Lake Highlands and Lakewood, with homes sales prices generally increasing as the number of homes sold has decreased.
National mortgage rate data After staying relatively at the rst two years of the pandemic, mortgage rates have sharply risen since early 2022, peaking Nov. 10 of last year before seeing some decline the last six months. 30-year xed-rate mortgage 15-year xed-rate mortgage
75214 75231 75238 75243
75
635
12
6.48%
WHITE ROCK LAKE
8%
N
Average days on market
6%
June 2021-May 2022
June 2022-May 2023
3.22%
3.72%
4%
2.65%
5.73%
3.16%
2%
2.16%
2.43%
0 January 2020
75214
75231
75238
75243
January 2021
January 2022
January 2023
SOURCE: COLLIN COUNTY ASSOCIATION OF REALTORS COMMUNITY IMPACT
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