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November 29, 2009
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  CONDITIONS™
By Local Real Estate Experts  



Market Conditions for University Park in Park Cities, Texas

Reported by Sue Krider, REALTOR, ABR

Updated November 11, 2009.

Current Market Rating: 2




1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 2




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2
3
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5
Falling

Rising

October 2009 Year To Date MARKET SNAPSHOT - University Park


The time could not be better for buyers. Interest rates remain low and inventories have increased, resulting in very reasonable expectations on the selling side of the transaction. For a list of local lenders offering jumbo loans, call me at 214.673.6933 or email suekrider@msn.com.

OCTOBER 2009 YEAR TO DATE MARKET SNAPSHOT

Number of Homes Sold - 216


Average Sales Price - $1,044,128


Average Sales Price/Sq Ft - $282


Days on Market - 125

For more information including a complimentary comparative market report for your neighborhood, call me at: (214)673.6933 or email suekrider@msn.com. I look forward to hearing from you.
*Sales compiled from NTREIS.


ZIP Codes: 75205, 75225

Approximate Location Boundaries: South of Northwest Highway, West of Central Expressway (75), North of Mockingbird, East of Midway

Location Characteristics: University Park is considered one of the premier neighborhoods in the Dallas area. Featuring the Exemplary Highland Park School District, University Park Police and Fire Departments, buyers continue to pay what it takes to get into the area. Conveniently located near downtown and major feeways, with great shopping and dining areas.

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 > Park Cities > University Park

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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Mortgage Rates
30 Year Fixed: 4.83%
15 Year Fixed: 4.32%
1 Year Adj: 4.35%
(U.S. Weekly Averages)

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