Southlake Real Estate Market Continues Weakening in Home Sales

A six-week rough patch for the overall sales trend continues in the Southlake market. Also, the actual number of sales dropped 7.7% over the last 30 days to 36. Potential buyers should note that prices are coming down in Southlake, and for this period the median sales price slid from $599,995 to $599,947. Southlake is a definite buyer's market with seven months of inventory to choose from, aided by the downturn in sales.

Looking for an affordable home? Check out these inexpensive listings in Southlake:

$245K   $295K   $325K  

Get started right now by checking out Southlake homes for sale or reviewing Southlake real estate trends.

Demographic facts for Southlake:

  • The affordability rating is 55. (Scale: 1 = Worst, 100 = Best)
  • The average precipitation is 36.0 inches per year. (U.S. average: 36.5)
  • This area has an income per capita of $54,672.
  • This area has a school rating of 96. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/13/2016


Ask a local expert about this area:
Justin Henry Real Estate Advisors LLC
43 reviews
DFW Fine Properties
Snapped 2 homes in this area
Providence Group Realty
Snapped 3 homes in this area

Agents that specialize in this area
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