Welcome to the Southlake Real Estate Market for 2009. We are now in the 4th quarter and the market is still active!! Buyers are now searching for their next home. If you are a buyer interesting in purchasing an existing home, now is the time to buy . To begin November, the current number of homes on the market is 365, a 14% increase over the same time period in 2008. Year to date through October, 343 homes sold, a decrease of 23% over the same period 2008 with an average number of days on the market of 100, a 35% increase. The total sales volume through October was $205,060,149, a decrease of 27% over the same period in 2008, with the average sales price actually decreasing 6% to $597,843. Listings up, sales down but the average sales price almost stable equals an unusual market.
Total number of homes sold in 2008 was 461 homes, a decrease of 19%. The average sales price for 2008 was $634,944, up slightly 3%, with a total dollar volume through December of $307,947,840. A good indicator of market improvement is the average days on the market. The average days on the market in 2008 was up 10% at 78days.
598 homes were sold in 2007, a slight decrease of 4% compared 2006, however the average price per home sold was $617,127, up 7% with total $$ spend in Southlake in 2007 was $369,041,946. An increase of 3%, pretty good for a "off year" in real estate. The good indicator of the market is Average Days on the Market; the DOM is 71 days, a increase of 15%, . With existing homes and new construction, the choice of homes available will delight new buyers. Great Market! Great Time!
ZIP Code: 76092 Location Characteristics: The quality of life in Southlake, Texas in unparalleded. Outstanding educational opportunities, panoramic parks, scenic land, and exceptional business climate make Southlake a great place ot live. southlake is home to residents and businesses that work together, investing their time, money and resources to build a community with a strong economy and a great sense of pride. Carroll Independent School District is the only 5A district and the largest in the State of Texas to earn the state's highest accountablity rating of Exemplary. Southlake is conveniently located between Dallas and Fort Worth and offers extraordinary shopping, entertainment , healthcare facilities and much more.
About Ann Anker:
Looking for a new home? Selling your existing home? Buying a vacation home or investment property? Moving to a new area of the state or another state?
I can help!!
I have over 30 years experience in sales, marketing and contract negotiations. These skills help me: # Assist you in buying the perfect home for you and your family with new construction or existing homes. I will familiarize you with the community, schools, and amenities of the area to help you with your neighborhood and property choice. # Market your home to achieve the best possible price for your house in the lease amount of time Exposure is the key to selling any property. Being affiliated with the largest real estate network in the world, Century 21, gives your property internet exposure unequaled in the industry. Century 21 Worldwide Office: Production Award Winner, Quality Award Winner, Top 1% of all Century 21 offices for Quality and Production.
Call me or email, I would love to help you with any and all of your Real Estate needs. 817-726-3839 annanker@sbcglobal.net
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
