"If you look at markets like New York, Florida or California everyone has a million-dollar home, but in Dallas there's a real value," Flores told the Dallas Business Journal."There is everything here you'd expect in a bigger market from dog parks to shopping meccas to an arts district," he said. "And Dallas still offers value compared with these other markets."
Dallas ranked No. 19 in the nation for the amount of million-dollar home listings, which totaled 420 listed homes in 2015.
The city ranked No. 13 in sales, with 848 million-dollar home sales in 2015, according to the report. But it's hard to compare those home sales to those in New York (the top market for million-dollar home sales), which sold 7,445 homes last year.
The million-dollar listings are concentrated in Dallas neighborhoods, such as the Park Cities, Preston Hollow and Lakewood. Buyers are attracted to these neighborhoods because of their proximity to cultural amenities.
So proud of our great state of Texas!!!
Author:Rogers Healy Phone: 214-676-4270 Dated: April 12th 2016 Views: 407 About Rogers: Rogers Healy, a native Texan, has lived in Dallas for the majority of his life. Before moving to Dal...
View our latest blog posts in your RSS reader. Click here to access.
Rogers Healy and Associates Real Estate is a DFW based residential and commercial real estate company that was founded in 2007 by Rogers Healy. RHAdfw is passionate about developing long lasting relationships with clients while representing them to buy, sell or lease any home in DFW.