Dallas Uptown And Oak Lawn Lack Of Inventory

Dallas Uptown And Oak Lawn Lack Of Inventory

Dallas Uptown And Oak Lawn: Lack Of Inventory

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...

Click here for all the results

Matt Watson Headshot
Phone: 214-417-9171
Dated: January 19th 2015
Views: 545
About Matt: ...

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