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Market Conditions for Uptown in Dallas, Texas
Reported by Sue Krider, REALTOR
Updated August 14, 2008.
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Current Market Rating: 2
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Current Price Trend: 4
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Falling
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2008 - YEAR TO DATE Sales Report - Uptown, Turtle Creek, State Thomas & Oak Lawn Condominium & Townhome Sales
We are certainly experiencing a real estate market far different from a year ago! While there is a definite decrease in the number of sales, the average sales price remains higher than the same time last year. With continued high gas prices and long commutes, this area of Dallas is very attractive to those working the downtown area.
The question for buyers is ---- WHY WAIT? With interest rates remaining low and a large inventory, we are definitely in a buyer's market. Local interests have begun an informational campaign to inform Dallas buyers and sellers about the good news in our market. My site does not support hyperlinks, however, for more information you may want to visit www.dfwhousingfacts.org. This site is full of interesting facts about our local economy and our local housing market.
July 2008 Year-To-Date Sales
# of Condos & Townhomes Sold - 549
Average Sales Price - $305,214
Average Sales Price per Square Ft - $195
Days on Market - 107
For more information, call me at: (214)673.6933 or email suekrider@msn.com. I look forward to hearing from you!
All information as reported by the Real Estate Center at Texas A & M University or NTREIS.
ZIP Codes: 75201, 75204, 75205, 75219
Location Characteristics: The hot spot of Dallas for buyers seeking a dynamic location. This area is located adjacent to downtown, with access to all major freeways. Townhomes and condominiums make up more than 95% of the housing in this area, attracting people wanting a low maintenance, cosmopolitan lifestyle. Just minutes to Downtown, The Arts District, The Katy Trail, Lee Park & Arlington Hall, restaurants and shopping.
Considering a relocation to the Dallas area? Contact me for a complimentary relocation package along with neighborhood reports for your area of interest.
For More Information:
View Market Conditions of other areas served by Sue Krider
Navigate: Top > Texas > Dallas > Uptown
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.
