The Dallas residential real estate market continues to move in a positive direction. The Uptown area of Dallas, just north of Downtown Dallas , on the west side of Central expressway (I75) is well known for its restaurants, night life, and condos. The condo market was affected by the downturn in the economy beginning in 2008. By mid-2012 the condo market began improving consistently.
Take a look at the Dallas year-to-date February numbers for the Uptown Neighborhood of Dallas:
Uptown Dallas
Year to date sales 112
Up 9% from 2012
Average sales price $ 319,060
Up 25% from 2012
Average days on market 74
Down 39% from 2012
Months of inventory 5.0
Down 36% from 2012
The above statistics are welcome by all homeowners in the Uptown neighborhood of Dallas! If you are looking for an action packed neighborhood where you can walk to restaurants, the movies, shopping and more, add this neighborhood to your list and give me a call!
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