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Market Conditions for North Dallas in Dallas, Texas
Reported by Sue Krider, REALTOR
Updated December 15, 2008.
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Current Market Rating: 2
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Current Price Trend: 3
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Falling
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2008 Year To Date Sales Report - North Dallas/Preston Hollow
With interest rates so low, and inventory rising, this is the perfect time for buyers to get serious about their next move. The economy is still strong in Dallas, and we are definitely in a buyers market. In the North Dallas, Preston Hollow area, November sales reports showed a 29% decrease in the number of homes sold year to date, but the average sales price continues to hold strong with a 5% increase over the same time last year. The time is absolutely right for buyers!
November 2008 YTD Sales Information
Number of Home Sales Closed - 448
Average Sales Price - $980,190
Sales Price/Sq Ft. - $241
Days on Market - 100
For more information, 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.
