Every building has its own unique characteristics and story to tell. Below is a Market Snapshot for select high rise buildings reporting average sales price from January 1, 2011 through November 30, 2011.
Average Sales Price Through November, 2011:
3525 - $229,250 Azure - $668,278 Beverly - $406,625 Claridge - $1,461,625 Crest Park - $251,250 Gold Crest - $351,000 LaTour - $269,167 Mansion Residences - no sales YTD Mayfair - $935,364 One Arts Plaza - $1,078,333 Park Plaza - $686,667 Park Towers - $306,333 Plaza I - $670,000 Plaza II - $356,963 Renaissance on Turtle Creek - $175,621 Ritz Carlton Tower I - $1,827,000 Ritz Carlton Tower II - $1,197,111 Turtle Creek North - $282,285 Twenty One - $89,989 Vendome - $923,000 Warrington - $414,167
With interest remaining below 5% this remains, as Pat Zaby said, "one of the best buyer's market we will see in our lifetime."
For more information, contact me at 214.673.6933 or suekrider@msn.com.
A (Z) indicates all or a majority of the sales prices were undisclosed. All information as reported by NTREIS.
ZIP Codes: 75219, 75204, 75201 Approximate Location Boundaries: South of Mockingbird, West of Central, East of 35, and North of 30
Location Characteristics: The highest concentration of high rise condominium buildings are located in the neighborhoods bordering Highland Park, along Turtle Creek Boulevard, into Uptown, Victory Park and Downtown Dallas.
Highrise living is definitely a lifestyle choice. Residents enjoy building amenities including valet, concierge, pools, fitness and business centers. With an almost maintenance free lifestyle, they are able to enjoy local attractions including The Katy Trail, Lee Park and Arlington Hall, The West Village and The Arts District. Not to mention more than 100 restaurants, bistros and nightclubs.
About Sue Krider:
Sue Krider specializes in the listing and sales of luxury condominiums and homes in Dallas, TX. Specifically, Turtle Creek, Uptown Dallas, Downtown Dallas, Highland Park and Las Colinas luxury condominiums and homes.
As a condominium owner (and former single family home owner in a Las Colinas golf course community) Sue understands the difference between condominium and townhome/single family home ownership. "I can sit down with prospective buyers and discuss with them the differences between owning a single family home vs. a condominium -- the values and benefits inherent in each." Having worked with many clients transitioning from a large home or estate to an urban, luxury condominium is labor intensive, but extremely rewarding. At the end of the day, I want my clients to say “that was the best decision I ever made.”
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
