If you live in Dallas, you are living in not only the most popular city in Texas, but arguably the most popular and well-known city in the United States. Known by the nickname “Big D,” Dallas is a city that continues to grow at a fast pace. Because of this, the real estate market is one of the state’s strongest, making it a great time for people who decide it’s time to sell their house. If you fit into this group due to an inheritance, relocation, divorce, illness, or other life event, there’s no better time than now to let buyers know your property is on the market.
If you’ve decided it’s time to sell your house in Dallas, TX, the good news is that you’re likely to get just the price you want. According to the latest figures, while the average median price for a Dallas home is almost $167,000, the average selling price for a home is $250,875, meaning you’re likely to come away with a very nice profit. And with an annual residential turnover rate of over 18 percent, this means numerous people are looking for properties in the Dallas area. Whether it’s families seeking their first home, professionals seeking a home in a dynamic Texas city, or even retirees looking to settle down in an area known for its variety of activities, you’re likely to have numerous offers come your way.
A city known for its diversity, Dallas neighborhoods have a reputation statewide for beautiful homes. In fact, many of its neighborhoods are some of the highest appreciating in terms of home values since 2000. These areas include Central Dallas, which is located near downtown and numerous retail shops and restaurants, and East Dallas, which is known as the city’s arts hotbed. Possessing a variety of homes with unique architectural styles, neighborhoods such as Lakewood Heights, Wilshire Heights, and Bryan Place lay claim to having many homes built based on the designs of Frank Lloyd Wright.
With its diversity, great public schools and universities, and abundance of activities in sports, music, arts, and much more, people throughout the United States choose to make Dallas their home year after year. And with the average home staying on the market for only 72 days, selling a home quickly is usually no problem. Therefore, if you need to sell a home quickly due to a job relocation, divorce proceedings, family illness, or inheritance, there’s no better time than now to make your property available to buyers. By doing so, you’ll set the stage for a quick sale of your property, which will give you a nice profit as well as peace of mind.