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December 5, 2009
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  CONDITIONS™
By Local Real Estate Experts  



Market Conditions for Park Cities in Dallas, Texas

Reported by Sue Krider, REALTOR

Updated November 11, 2009.

Current Market Rating: 2




1
2
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5
Buyer's

Seller's

Current Price Trend: 2




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2
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Falling

Rising

October 2009 Year to Date Market Snapshot - University Park, Highland Park, Bluffview, Greenway Parks and Devonshire

The Park Cities continues to feel the effect of the slowing housing market, making this a perfect time for buyers to be in the market! We are most definitely in a buyer's market. Sellers are very aware of current market conditions, and have reasonable expectations. And while the credit crunch has certainly impacted the national market, locally there are many lenders with funds available. For a list of local lenders, please call me at 214.673.6933 or email suekrider@msn.com.

The time couldn't be better for buyers!

October 2009 Year to Date


Number of Homes Sold - 418


Average Sales Price - $1,022,302


Average Sales Price/Sq Ft - $282


Average 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 reported by Real Estate Center at Texas A&M University and NTREIS.

ZIP Codes: 75205, 75209, 75219, 75220, 75225

Approximate Location Boundaries: Northwest Highway, Central Expressway (75), Wycliff and Lemmon Avenue

Location Characteristics: From charming cottages to the finest mansions in Dallas, this area is renowned for the value of its real estate. The Park Cities is comprised of an exemplary school system. Conveniently located near downtown, major airports, shopping, and the arts this area has it all! (MLS Area 25)

For More Information:

View Market Conditions of other areas served by Sue Krider

Navigate: Top > Texas > Dallas > Park Cities

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.




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