Southlake’s Housing Market? Quiet, But Not Snoozing
As the town gets ready to swap closings for casseroles, Southlake’s market had a relatively quiet but productive week. New listings were limited, but price adjustments and closings show the market isn’t taking a full holiday break just yet.
📈 Market Snapshot – Southlake, Week of Nov 24
| Status | Count | Status | Count |
|---|---|---|---|
| New Listings | 10 | Pending | 8 |
| Back on Market | 1 | Closed | 7 |
| Price Decrease | 11 | Expired | 2 |
| Price Increase | 11 | Canceled | 4 |
| Active KO | 0 | Withdrawn | 0 |
| Active Option Contract | 5 | Hold | 2 |
| Active Contingent | 0 | Coming Soon | 2 |
💡 Quick Take:
Inventory stayed tight with just 10 new listings, but Southlake still posted 8 pendings and 7 closings. Price drops (11) and price increases (11) balanced out, showing sellers are feeling out the market in both directions. While things are mellowing, serious activity is still happening pre-holiday.
🔍 Housing Market Activity in Southlake This Week
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New listings stayed low at 10, similar to last week’s 6, continuing a seasonal cooling trend.
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Pending contracts (8) and closings (7) show that well-positioned homes are still attracting attention.
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Price decreases held steady at 11, a sign sellers are still negotiating with market realities.
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Interestingly, we saw 11 price increases too—likely reflecting seller confidence on certain well-updated or rare properties.
With Thanksgiving around the corner, sellers who are active now are likely motivated—and buyers are responding.
📊 Key Real Estate Trends in Southlake This Month
Reviewing Southlake’s November activity:
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Listings have fluctuated, from a high of 12 (11/10) to just 6–10 the past two weeks.
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Closings remain consistent, with 6–8 homes closing each week through November.
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Pending activity is stable, typically ranging from 6 to 10 per week.
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Price decreases have held steady, at 10–11 over the past four weeks, mirroring cautious seller sentiment.
In short: demand is there, but only the right listings are moving. This favors well-priced, well-presented homes heading into December.
🧐 Buyer and Seller Advice for Southlake Real Estate
Buyer Takeaways
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Inventory is limited—so be prepared to act fast when the right home hits.
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Price reductions offer opportunity for value-driven buyers.
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With fewer competing buyers, this may be your window for better terms.
Seller Takeaways
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You’re not alone if you’re considering holding off—but those who list now face less competition.
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Price smart. Homes are still selling, but only if priced right from the start.
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Don’t overcorrect—some sellers are raising prices, which only works in very specific situations.
Should You Wait or Act?
Buyers and sellers both face unique opportunities right now. If you're clear on your goals and ready to move, you don't need to wait until spring.
📣 Thinking about buying or selling in Southlake?
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❓ Frequently Asked Questions About the Southlake Housing Market
Are homes still selling in Southlake right before Thanksgiving?
Yes—7 homes closed and 8 went pending this week, showing that serious buyers are still in play.
How many homes dropped prices in Southlake this week?
11 homes saw price reductions, which has been a consistent trend for several weeks now.
What’s happening with new listings in Southlake?
New listings remain low—only 10 homes hit the market this week. This reflects the usual seasonal slowdown.
Is it a good time to buy in Southlake?
Yes, especially if you're looking to avoid bidding wars. With fewer buyers in the market and motivated sellers, it's a quieter but opportunistic time.
Should I list my home now or wait until 2026?
That depends. If your home shows well and is priced right, now is a great time with limited competition. If you need more prep time, early spring could work better.