|
Market Conditions for North Dallas in Dallas, Texas
Reported by Sue Krider, REALTOR
Updated November 27, 2011.
|
Current Market Rating: 2
|
1
|
2
|
3
|
4
|
5
|
Buyer's
|
|
Seller's
|
|
|
|
Current Price Trend: 4
|
1
|
2
|
3
|
4
|
5
|
Falling
|
|
Rising
|
|
|
2011 Year to Date Market Snapshot - North Dallas/Preston Hollow
The number of sales in the North Dallas area, through October 2011 are flat to the same time last year with a 4% increase in the average sales price, with several high end luxury sales over $4,000,000. An interesting note is there is a 23% decrease in the number of homes on the market. Owners realizing they probably will not get what they want (or paid for if purchased in the last 4 years) seem to be holding off making a move.
Top 3 Highest Priced Sales Year to Date:
9338 Meadowbrook
10340 Gaywood
10706 Bridge Hollow
October 2011 Year to Date Market Snapshot
Number of Home Sales Closed - 471
Average Sales Price - $808,217
Sales Price/Sq Ft. - $203
Days on Market - 111
For more information, including a complimentary comparative market report for a specific neighborhood, call me at: (214)673.6933 or email suekrider@msn.com. I look forward to hearing from you.
*Sales information reported by Real Estate Center at Texas A&M University and NTREIS.
ZIP Codes: 75220, 75225, 75229, 75230, 75244
Approximate Location Boundaries: LBJ Freeway (635), Central Expressway (75), Northwest Highway, and Midway
Location Characteristics: Dynamic Dallas location! This area is noted for its convenience to Downtown, the Park Cities, major shopping and dining areas, and proximity to both Love Field and DFW Airport. This area is so popular, many prefer to renovate rather than leave the area. Classic older homes with creative renovations make this area a must see. (MLS AREA 11 - North Dallas)
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 > North Dallas
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.
