Million Dollar homes selling FAST in D-FW! Call me for more information: 214.769.2142
So far in the months of January and February 2017, the sale of “million dollar homes” is up 64% from the same time last year. Never have so many high-priced homes been for sale at once here in D-FW. Currently there are almost a dozen listings in this price range. 177 houses in North Texas were sold with a price tag of $1 million or more this year and 75 are still pending. The growth of Dallas is bringing CEO’s and top officers into the area who are able to afford these homes. (To view the full article click here.)
Part of the reason there is a growth of million dollar homes is the price appreciation in the overall market. Overall sales have risen 40% so homes that maybe were once priced at $800,000 are now priced at $1 million.
What IS slow in the market are homes priced at $10 million or more. “The buyers are few and far between in that price range,” “It can be a long wait to find that buyer, and it takes a lot of patience.” Look at this 25-acre listing in North Dallas. It is listed just under $49 million. This is the most expensive residential property in North Texas. (To view the listing click here.) By the way, this home is AMAZING. GORGEOUS! It was built in 1938. It looks like a movie set.
Interested in seeing more expensive listings in the D-FW area? Check out these beautiful properties below!
10711 Strait Lane, Dallas
8891 Jourdan Way, Dallas
5950 Deloache Ave., Dallas
3509 Euclid Ave., Highland Park