realestate

Luxury Homes in Dallas: Top Listings for 2024

Dallas Luxury Home Sales Soar with 9% Year-Over-Year Increase

D
allas luxury home sales surged last year, with the number of closed sales for homes listed over $1 million increasing 9 percent year-over-year and 19 percent in the third quarter. The city cemented its lead over other Texas metros in ultra-luxury home sales, with 11 homes listed over $10 million closing in the Dallas area this year, compared to five in Houston and one in Austin.

    Among Dallas' most expensive listings were older estates, renovated homes, and custom builds, often featuring stories of wealth gained or lost. Notable properties included a $40 million mansion near Preston Hollow owned by billionaire Toby Neugebauer, a $27.5 million home in Southlake with a soundproof music room designed for Dolby Atmos 3D Audio, and a $15.8 million stucco home built by Alford Homes.

    Other high-end listings included a $25 million Mediterranean-style estate in Highland Park that was previously owned by a Dallas bariatric surgeon who pleaded guilty to his role in a $200 million scam, and a $15.25 million mansion with a nine-hole putting course on just under an acre. The properties were marketed as luxury homes with unique features such as imported French marble, antique fireplaces, and private outdoor spas.

    The sales of these high-end properties reflect the growing demand for luxury homes in Dallas, driven by the city's thriving economy and affluent population. As buyers take their time to find the right property, luxury homes are lingering longer on the market, but ultimately selling at a premium price.

Dallas luxury homes showcase top listings for 2024 real estate market.