PROS Location, hip factor. As commute times to the ’burbs increase exponentially, Baesel is seeing more folks from Ballantyne and parts north at his open houses. Also, except for some teardowns in the southern reaches, the neighborhood is built out; what you see is what you get.
CONS “Buyers have no sense of urgency, because nothing they look at is selling,” Baesel says. Prices have yet to dip, but they likely will as inventory piles up. Also, the 1 percent penalty for a jumbo loan (anything over $417,000) may be stopping buyers as rates increase and loans become tougher to come by. Still, Baesel and others think that Dilworth is nowhere near its price ceiling.
VERDICT Dilworth is still one of the hippest neighborhoods in town. Look for the market here to begin rising again in the latter half of the year, once buyers work through some inventory and sellers adjust their prices from those set at the peak of the market.