A central hub for neighborhood and market news, design trends, and events in Southlake, Colleyville, Westlake, and Vaquero

In the Market: Returning to Normal Around Southlake {Video}

November 3rd, 2015 | by Michelle

Photos and video / Briggs Freeman Sotheby’s International Realty

While prices in North Texas continue to rise, up 8.9 percent year-to-date according to the latest Price-Shiller report, agents see a “normalizing” of the market.

This return to a healthy growth rate means that:

Sellers need to price strategically—Buyers are market savvy and will not overpay for a home. When listing, choose an agent who will help you price in the sweet spot where buyers see value and sellers don’t leave equity on the table.

Homes prices are increasing at a slower but still steady rate—Buyers who were afraid to write a less than full-price offer are coming off the sidelines. Look to an agent to tailor a contract that brings value to both sides of the deal.

Appraisals are catching up to home values—Buyers and sellers are seeing less of a gap between sales prices and appraisal values, making it easier for well-written contracts to hold up through the buying process.

Consider these homes in Southlake, Colleyville and vicinity:

2411 Florence Road | Southlake

2411 Florence Road 76092, Southlake, Robert Tyson, Briggs Freeman Sotheby's luxury home for sale in Southlake-living

204 Waterfall Court | Colleyville

204 Waterfall Court Colleyville 76034, Nancy Dennis, Briggs Freeman Sotheby's luxury homes for sale in Colleyville TX-kitchen

1025 Lavon Drive | Grapevine

1025 Lavon Drive 76051, Grapevine, Carol Russo, Briggs Freeman Sotheby's luxury home for sale in Dallas Fort Worth-living

2845 Volterra Way | Keller

2845 Volterra Way 76248, Keller, Allison Hayden, Briggs Freeman Sotheby's luxury home for sale in Dallas Fort Worth-dining

Learn more about living in Southlake and surrounding communities. Visit the Best Neighborhoods Site in DFW.

For more luxury homes throughout North Texas, see briggsfreeman.com. Click here to see the latest in real estate news. President and CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty with offices in Dallas, Fort Worth, Uptown, Lakewood, Ranch and Land, The Ballpark and Southlake.  

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