Earlier this month, the Texas Association of Realtors released sales numbers for condos and townhouses in Dallas up through the month of May, which revealed just how hot attached living spaces are in the area right now. Both condos and townhouses saw nice increases compared to the first half of 2015, with townhouses alone showing 8.6% more sales than just a year earlier.
DFW’s thriving job market continues to bring people from all over the country to Dallas, and condos can be a functional and affordable way to break into the DFW real estate market, especially for younger and first-time buyers. But while Dallas certainly has its fair share of “affordable” condos and townhouses, also keep in mind prices for each of these property-types have also increased from last year as well, with the median price for a condo now $160,00 and the median price for a townhouse now $235,000. And of course when it comes to new construction condos and townhouses, look for prices to be much higher.
Whether you live in Dallas already or plan on moving here sometime soon, the new construction condo and townhouse inventory is still somewhat limited, but we’re starting to at least see some new units being delivered here and there, especially when it comes to townhomes. For a closer look at what’s currently available in terms of brand new condos and townhomes in Dallas, check out the active MLS listings featured below, or give DFW Urban Realty a call today for more info or to schedule a private tour!
View New Construction Condos & Townhomes as of 2016 Below:
- 4 Beds
- 3.1 Baths
- 6,946 SqFt