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
Inventory in the Southlake area is stable, with 67 active homes. Subdivisions with most active homes include:
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!
Master Bath of Most Expensive Home Sold So Far in Southlake Texas in 2017
Map of Luxury Southlake Texas Homes Sold in 2017
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.
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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.