AViewFrom NorthTexas
Despiteinterest-ratehikes,demand forluxuryhomescontinuesas peoplespendmoretimeathome thaneverbeforeInNorthTexas, theluxurymarketisquitehealthy ForDallasCounty,thesales volumeofhomeswas$10billionin2022?up26 percentfromthesameperiodin2019,thelastmarket wecanconsidernormal ForTarrantCounty,totalsales werealso$10billion,a28-percentincreaseMedian sellingpriceshaverisensignificantly,too:Dallas County'sisup47percentfrom2019andTarrant County'sisup48percent InpopularCollinCounty,total 2022saleswere$82billion,up34percentfrom2019, withajumpinmediansellingpriceof57percent NorthTexascontinuestoattractnewresidents,asit hadlongbeforethepandemicInfact,demographers projectthatNorthTexaswillgrowto10millionpeople sometimeinthe2030s,surpassingChicagotobecome America'sthird-largestmetroarea Betweenthateyebrow-raiserandothermovement, includingthemarketturningslightlybackinbuyers' favor(oneofthetrendsexploredinthisreport),Dallas andFortWorthcontinuetobetheperfectplacestobe
ROBBIE BRIGGS, CEO
RUSS ANDERSON, President
Recent Market Movers
Select significant sales EstateinHighlandPark,Texas,priceundisclosed? ClearBranchRanch,CoryellCounty,Texas,price undisclosed?1400AltaDrive,FortWorth,Texas,listed for$10,000,000?WildcatMountainRanch,RobertLee, Texas,listedfor$9,175,000
Trendingtownsandneighborhoods
HighlandPark,UniversityPark,WestoverHills, PrestonHollow,Bluffview,Southlake,Plano/Frisco, Westlake/Vaquero,Lakewood,Rivercrest
Themarket thisminute Weseereasonsforoptimismheadingintothisnewyear TheDallas-FortWorthrealestatemarketisexpectedto outperformmostothermetroareasin2023,according totheNationalAssociationofREALTORS®,whichjust rankedourareainthetop10realestatemarketsto watch,allofwhichareintheSouthAtthemoment,the numberofavailablehomesinNorthTexasremainslow, sohomeownersthinkingofsellingcanstillbenefit greatlyfromtheuniquesupply-and-demanddynamics currentlyatplay
Briggs Freeman Sotheby's International Realty randerson@briggsfreeman com rbriggs@briggsfreeman com
Luxury Outlook 2023 PG#
O P P
O S I T E P A G E S T E P H E N R E E D P H O T O G R A P H Y
ROBBIE BRIGGS
RUSS ANDERSON
{PROPERTY HEADLINE} {{Listing Street Address 1}} {{City}},{{State}} {{Postal Code}} {{Property Price}} {PROPERTYDESCRIPTION} 50 words / 285 characters AniconicHighlandParkestate,just oneofourspectacularproperties representedandsoldinabusy2022
