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Market Conditions for Dallas, Texas
Reported by Cody Farris, REALTOR
Updated November 15, 2009.
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Current Market Rating: 2
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Buyer's
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Seller's
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Current Price Trend: 3
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Falling
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Rising
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Averages sales prices for the past 12 months, and the number of properties sold during the past 12 months, are both down from the prior year; however, we see an increase in showing activity and purchases, and a slight uptick in prices over the past 60 days. The hottest areas in Dallas this year appear to be the northwest and northeast sections of town, inside LBJ, which strong demand in the $140,000 - $300,000 price range. My outlook for the remainder of 2009 is flat, with an uptick in spring 2010.
ZIP Codes: 75204, 75205, 75219
Approximate Location Boundaries: Uptown, Turtle Creek, Oak Lawn, Arts District
Location Characteristics: Noted for their proximity to downtown Dallas, the Uptown, Turtle Creek, Oak Lawn and Arts District areas are sought for their rich cultural offerings, shopping and entertainment options. A unique variety of townhomes, lofts, condominiums, high-rise homes and some single family detached homes should fit the needs of any buyer who is looking for an exciting, lower maintenance lifestyle.
For More Information:
View Market Conditions of other areas served by Cody Farris
Navigate: Top > Texas > Dallas
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
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