Homes for Sale in Downtown Fort Worth
Fort Worth Urban Lifestyles are centered around Sundance Square Plaza
With only a few exceptions homes for sale in the urban core of downtown Fort Worth Texas consist of luxury high-rise condos, historic buildings and townhouses. The downtown area was in serious decline in the 1980’s when the Bass family began to buy up property in the urban core, now known as The Sundance Square Development. One-by-one the beautiful old buildings have been restored to their original grandeur and shiny new high-rises have been built in and around the Bass development. With 926 owner-occupied units in downtown and 2,526 rental units the streetscape has dramatically changed in the past few decades. Fort Worth has one of the safest and cleanest downtown districts in the U.S. Shopping and entertainment options have multiplied dramatically since the opening of Sundance Square Plaza in 2014.
- The median sales price of a downtown Fort Worth condo in 2015 was $255,000 with the top condo selling for $2.85 Million (for a 4,100 square foot penthouse unit with a 6,000 square foot outdoor living space located in one of the historic buildings).
- Urban living is still relatively new to Fort Worth with only 4.1% of the housing stock being condos or townhomes. Contrast that with 28.3% of Dallas residents who live in a condo or townhouse.
- Condominiums and townhomes are expected by many experts to continue increasing in value as occupancy and demand are high and almost no new projects are under development downtown. Many prospective residents have widened their scope to consider purchasing a condo and single family residence in the near Southside neighborhood of Fairmount, Oakhurst (northeast of downtown), or the cultural district