What an outstanding visual of the lack of inventory in the Dallas Uptown and Oak Lawn neighborhoods. Trending downward since April of 2011 when there were over 13 months worth of inventory on the market leading up to last month's figure (December 2014) of just over 2 months worth of inventory.
A normal, or balanced market, is considered to have 6 months of inventory. A buyer's market is one that has more than 6 months worth of inventory, and a seller's market is one with less than 6 months of inventory. Overall we can say that in the Uptown Oak Lawn area we are in a seller's market.
If you were to dig a little deeper and break out the numbers by price, you'd find that the lower price points are in even lower supply than the average of 2.3 months supply, and then the scales finally tip to a buyer's market when you look at the inventory of homes priced from $900,000 and above.
Now that you know that the time is right to sell. Let's get acquainted with each other, and your home. You can start here:
Curious about what all the hype is about? Take a look here at some of the area's homes for sale. Maybe find your next home...
You're excited about your next big move: You want to buy, build or sell a home in central Dallas, the urban heart of high-style Texas living. But you don't want to fight with paperwork or negotiate details. You just want a real estate agent who can.
I'm Matt Watson. I've worked with young professionals looking for upscale, uptown residences as well as empty-nesters looking to scale down and kick back. I've sold condos, townhouses, lofts, high-rises and homes (historic and otherwise) all over Dallas. And I know how to make your real estate purchase or sale easy and hassle-free.
If you're buying a home, I will:
Help you find a residence that matches your lifestyle.
Give you instant access to the Dallas Multiple Listing Service.
Help you find financing that works.
If you're building a home, I will:
Help you locate the right building site.
Help you select the home style, size and amenities that fit your neighborhood.
Help you select a qualified builder and coordinate construction.
If you're selling a home, I will:
Price your property based on market conditions and your personal goals.
Help you enhance your home's market appeal.
Market your property to the right buyer, not just any buyer.
And whether you're buying a home or selling a home, I will:
Always be your advocate and work in your best interest.
Always give you the facts you need to make the right decisions.
Always negotiate the details and handle the paperwork.
It's that simple. Welcome to the Matt Watson way of doing business.
The #1 Reason to Put Your House on The Market TODAY!The National
"Matt recently helped us purchase a home in the M-Streets and did a phenomenal job. His experience was invaluable and he helped us at ever step along the way. As a first time buyer we had many questions and he was always there to answer them and provide more than we asked for. We ended up struggling with the big bank we were lending from and Matt stayed on them and used his resources to push the deal through. I would highly recommend Matt and we will be using him again the next time we are looking to buy or sell."
Chris & Lindsey Conwell The M Streets - Dallas, TX