Southlake Real Estate Market

in Southlake,Tarrant County

 Southlake Real Estate Market

 

The Southlake real estate market has been on fire in 2014. Year to date, there have been 436 sales in the Southlake real estate market, and 153 of those sales have sold at or above list price. That is a 35.1% of the sales, or more than one in three sales, in the Southlake real estate market that are selling at or above list price. One of the contributing factors to the hot real estate market in Southlake is the fact there is only a 3.2 month supply of homes currently on the market for sale. A normal, neutral real estate market, neither a buyer’s market nor a seller’s market, is generally expected to have a 6 month supply of homes for sale. With a current 3.2 month’s supply of inventory of homes for sale, the Southlake real estate market is in a fairly strong seller’s market. New listings that show well when they hit the market are getting multiple offers a large percentage of the time.

Sales of homes in the Southlake real estate market are actually down from a comparable time in year 2013, down 13%, however, the supply situation is the big culprit. The average amount of time on the market in Southlake for homes for sale is 44 days, down 25% from 1 year ago. So if you’re looking for a home in one of the best school districts in the Dallas-Fort Worth area, expect to pay the price in this current Southlake real estate market.

And if you have any questions about Southlake homes for sale please contact me at gerald@d-fwhomes.com or call 972-402-4124 or text/call my cell at 972-989-6999. You can start your search for a Southlake home in upper right hand corner of this page or you can use the link below.

 

Current Southlake Homes For Sale

 

 

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