Apr 12 2016 15821 1

Apr 12 2016 15821 1

Even though everything is bigger in Dallas, it isn't a city historically known for its million-dollar home listings when compared to other markets in terms of volume.

That's quickly changing, said Aidan Flores, a Realtor with Coldwell Banker Residential Brokerage and the man behind the marketing of a $2.4 million mansion owned by a former Miss Texas on Lake Ray Hubbard (which is also undergoing to earth-moving changes).

"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!!!

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Dated: April 12th 2016
Views: 566
About Rogers: Rogers Healy, a native Texan, has lived in Dallas for the majority of his life. Before moving to Dal...

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