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Market Update: Southlake Texas Luxury Market (homes priced over $1,000,000) Update, September 2017

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September 15, 2017 by Nitin Gupta, GRI, REALTOR

Sales to Date 2017

Summer continued to be strong for luxury home sales in Southlake Texas. The luxury market over $1 Million has stayed strong this year, with 88 homes priced about $1,000,000 sold so far (till September 2017), with buyers trending mainly (over two-third of sales) towards newer homes built after 2005. The cheapest home was sold for $1,000,000 and the most expensive home was sold for $2,998,000. The most active subdivision was Carillon with 15 sales out of 88 so far this year. A small fraction of the 2017 sales (9) were priced over $1.5 Million. The Carillon subdivision of Southlake Texas has sold at the fastest pace, followed by Shady Oaks, Timarron and Estes Park

Active Listings

Inventory in the Southlake area is stable, with 67 active homes. Subdivisions with most active homes include:

  • Carillon

  • Winding Creek

  • Laurelwood Park

  • Palomar Estates

  • Estes Park

  • Timarron

Pending Sales

There are 8 additional homes pending sale with most of the pending homes listed below $1,500,000.

There are many other “off-market” properties coming available. Inquire if you would like to know before they list!

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Master Bath of Most Expensive Home Sold So Far in Southlake Texas in 2017

Map of Luxury Southlake Texas Homes Sold in 2017

About Southlake:

Centrally located in the DFW metroplex Southlake is a premium local to live and play. With convenient access to DFW Airport, dining, entertainment, shopping and major employment centers, this community keeps you and your family connected.

Southlake fosters a sophisticated, well-kept, neighborly environment for you to call, home. Come visit Southlake for yourself and walk-through one of our stunning homes today.

About us: Southlake Real Estate Experts

How can both buyers and sellers have an advantage in the Southlake Texas real estate market? Employ the services of a local Southlake real estate agent who has vast knowledge and experience of the market.

Find Southlake Homes for Sale or Sell Your Southlake Home

For a complete list of available real estate in Southlake, visit Southlake Homes for Sale.

Make sure to subscribe to my blog so you don’t miss out on any Southlake homes. Click here to find out what your Southlake Texas home is worth and to discuss your housing needs.

For more information about news and events in Southlake, subscribe to My Southlake News, and for ongoing information about Carroll ISD, check this out.

The above information regarding the “Market Update: Southlake Texas Luxury Market (homes priced over $1,000,000) Update, September 2017 ” was provided by Nitin Gupta, REALTOR. Nitin has experience helping families buy and sell homes in the Dallas/Fort Worth area. If you’re thinking of selling or buying, he would love to share his knowledge and expertise.

The communities Nitin proudly serves include University Park, Coppell, Frisco Flower Mound, Southlake, Grapevine, Colleyville.

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