2007 Greater Southlake Home Sales

Over 2740 homes were sold in the Greater Southlake market in 2007.  Here’s a city-by-city breakdown.

 Colleyville

  • 461 homes sold which is a 6 percent decrease from 2006
  • Median price of $450,000 which is 11 percent greater than 2006
  • $135 per square foot price
  • 60 average days on the market

Grapevine

  • 570 homes sold representing a 14% decrease from from 2006
  • Median price of $220,000 which is 2 percent higher than 2006
  • $103 per square foot price
  • 45 average days on the market

Keller

  • 921 homes sold which is a 13 percent decline from 2006
  • Median price of $284,950 which is an 8 percent increase from 2006
  • $107 per square foot price
  • 64 average days on the market

Southlake

  • 598 homes sold representing a 4 percent decrease from 2006
  • Median price of $527,450 which is a 7 percent increase from 2006
  • $147 per square foot price
  • 71 average days on the market

Westlake

  • 193 homes sold for a 18 percent decline from 2006
  • Median price of $260,500 which is 11 percent higher than 2006
  • $145 per square foot price
  • 68 average days on the market

All five communities experienced a decline in home sales and an increase in the median price from 2006.  In total, 11 percent fewer homes were sold. 

  • Data for Trophy Club is not available. 
  • This information was published in the January 18, 2008 issue of The Dallas Morning News.