How are Southridge Lakes Southlake home sales?
The Southridge Lakes subdivision is located in Tarrant county in Southlake, TX.
Southridge Lakes is a beautiful community located in Southlake, Texas with just under 400 homes on half-acre lots. This community offers several lakes, four tennis courts, a competition size swimming pool, pavillion, clubhouse, athletic field, basketball and volleyball courts, playground and beautifully landscaped common areas. Southridge Lakes is a special community for its amenities and community involvement. The homeowners really get involved to make Southridge Lakes a great place to call home.
Southridge Lakes is located in Southlake with its shopping and dining alternatives, varied entertainment opportunities and outstanding schools along with a world-class hotel and premier office space.
In addition, Southridge Lakes residents have quick access to a wealth of business and recreational centers. It is close to the Dallas/Fort Worth International Airport, Alliance Airport and an abundance of area lakes. Also, Southridge Lakes is located within the highly-acclaimed Carroll Independent School District.
The subdivision has homes built from 1990 to 1996. The average sales price in this subdivision is $462,321 and the average home size is 3,596 sq. ft. The average lot size is .50 acres.
Homes for sale in Southridge Lakes Southlake in January 2018
As Southridge Lakes is a very active subdivision, I thought I would share some market data that to help both Southlake home buyers and Southlake home sellers understand the current market conditions better.
The first graph I have included shows all sales activity from 2008 to present.
From data supplied by the North Texas MLS (NTREIS) the following statistics reflect sales activity from Jan of 2017 to December of 2017:
Southridge Lakes Southlake Median Sales Price The median sale price of all homes sold during last 12 month period was $627,000. Southridge Lakes Southlake Average Price Per Square Foot The average price per square foot of all homes sold from January of 2017 through December of 2017 was $178.36. Southridge Lakes Southlake Average Days on Market On the average it took approximately 32 days, or just over 1 month, to sell a home in the Southridge Lakes neighborhood. Southridge Lakes Southlake Average Sale Price to List Price Ratio 9596% - This means that the final sale price was approximately 95.6% of the final list price before going under contract. Southridge Lakes Southlake Number of Sales in Past 12 Months There were approximately 18 homes that sold over the past 12 months. Southridge Lakes Southlake Homes For Sale Inventory Levels At the time of this writing there were 5 active listings. There are currently 5 homes listed for sale in price range of $539,000 to $1,099,000.
Comments As I noted previously the Southridge Lakes neighborhood is a popular area in Southlake and the above statistics reflect all sales. Certain price ranges may reflect different numbers. As an example, as the size of the home increases the price per square typically goes down, if all else is equal, so the average price per square foot for a certain price range home may vary. Questions? If you have any questions about sales in the Southridge Lakes subdivision in Southlake or you need a home Southlake Texas Home Valuation, feel free to get in touch with me.
How to get your Southlake Texas home SOLD fast with no stress for the most amount based on market?
Choose a Realtor you can trust
Price it right
Make sure your home shows well
Remove all the roadblocks from showing your home to potential buyers
It takes more than just these four suggestions but if you do the first one (choosing the right Realtor), you'll be in great hands!
If you are thinking about selling your Southlake TX home and would like to find out the market value, you can use this link to get a FREE home evaluation. You can also call or text me at 469-269-6541 or visit www.NitinGuptaDFW.com
Top Southlake New Home Builders are selling homes in price range of $390,000 to $1558,000:
J Houston Homes
David Weekley Homes
First Texas Homes
History Maker Homes
Ashton Woods Homes
K. Hovnanian® Homes
Get an Advantage
How can both buyers and sellers have an advantage in the Southlake Texas real estate market? Employ the services of a Southlake real estate agent who has vast knowledge and experience of the market.
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The above information regarding the “Southridge Lakes Subdivision Southlake, TX -Subdivision & Homes For Sale Report" was provided by Nitin Gupta, GRI, 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. Learn more about Southlake real estate market and Tarrant County Real Estate news at http://www.nitinguptadfw.com/southlake-realtor-new-homes-real-estate
The communities he proudly serves include University Park, Coppell, Frisco, Flower Mound, Southlake, Grapevine, Keller, Plano & Colleyville.