As the national real estate market continues its shakeout, Uptown Dallas continues to show increases in Sales Data. Data sourced from NTREIS(local MLS provider) shows the averages increased as compared to the first quarter of 2007.
Sales prices increased to an average of $355,000 v. $288,000
Median Sales Prices increased to $246,000 v. $201,000
Average Price per Square Foot rose to $189 from $178
As Dallas continues to be a leader in adding new residents and new jobs the demand for homes should continue. More statistics about the local strong economy can be found at DFW Housing Facts
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