Home sales drop
With less homes on the market to sell, the number of homes sold has also dropped in the Lake Highlands neighborhood.
These numbers followed similar trends as the drop in new listings, but had a less drastic decline. The largest drop—roughly 38%—was seen in ZIP code 75238 from July to January.
Total home sales dropped across Dallas as a whole as well, with a nearly 28% decrease in the same time period. However, the number of sales were still significantly higher than in 2019. This trend changed in early 2021, when the number of homes sold fell below levels from both previous years in March and April.