There is increased inventory for the Dallas area Luxury Home Market overall (homes priced at $1m or more), than
in 2014:
The new construction homes available inventory has increased dramatically:
But the median luxury home price saw a decrease in pricing that could be related to the increased available inventory:
And there is good news in the decreased number of days on market for our Dallas Luxury Home sales:
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Lisa: Good review of the Dallas luxury home market! There are certainly some decent options for consumers looking for a high end home.
Hi Lisa. I wish our market was as hot as yours. Stay safe.
Excellent reporting Lisa. You provide a great start for people who want to see the info in such great detail.
Looks like your luxury home market was very hot in 2015. Nice bar charts which are easy to read and understand.
Lisa very interesting our price points kept climbing in my market.... inspite of all...Endre
Lisa
Going into January 2016 there will be more homes to sell in the luxury homes market in Dallas Texas over $1,000,000.
Good luck and success.
Lou Ludwig
Everything is supposed to be "bigger in Texas"...:)...our luxury market price begins at $500,000 !
Very interesting, Lisa. One would expect some slowdown with the increased inventory, but the good news is that the Dallas luxury market is going full steam ahead.
Good morning Lisa. Great news about an increase in the luxury home market, I'm sure the demand is pretty strong as well.
Hi Lisa - great news for the Dallas market. There is a great selection of luxury homes.