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Real Estate Market in Southlake, Texas as of February 2010

By
Real Estate Agent with Colleyville, Texas Real Estate Expert - Synergy Realty

Southlake, Texas real estate marketThe real estate market in Southlake, Texas is holding ground and is still very healthy compared to most markets. Looking at the home sales during the month of February 2010 compared to February 2009, here's what the Southlake, Texas real estate market looks like:

  • There were 16 homes sold in Southlake, Texas in February 2010 compared to 17 homes sold in February 2009 (6% decrease)
  • The average sales price in Southlake, Texas for February 2010 was $492,786 with no change since February 2009
  • The average Days on Market for Southlake, Texas in February 2010 was 140 days, compared to 97 days on market in February 2009 (69% increase)

Curious about the Southlake, Texas real estate market and what sales are happening in your neighborhood? There is a great online tool to get an instant Market Snapshot of your home in Southlake, Texas at http://www.SouthlakeMarketSnapshot.com