90-Day Market Update - Southlake, TX Real Estate. As of this report, there are currently 293 homes listed as active in Southlake, Texas Multiple Listing Service (MLS).  That is 53 less homes available for sale in Southlake MLS compared to 90 days ago (-15.3%), and 106 less homes available for sale in Southlake MLS compared to 180 days ago (-26,5%).

In the first quarter real estate report recently released from leading online home value site Zillow, it showed the US continued to experience home value declines.  For the ninth consecutive quarter home values fell, declining 14.2 percent from a year ago in year-over-year home values (YoY).

There was good news for our local market, according to Zillow, home values in Fort Worth increased 14% in the first quarter of 2009, compared to the first quarter of 2008.  Other local highlights, Colleyville, Texas with a +15.5% year-over-year gain, Keller, Texas +14.4% (YoY),  and North Richland Hills +15.8% (YoY).

Click cities below for a complete listing of homes available for sale in the MLS.
Southlake
Colleyville
Grapevine
Keller

Note, first quarter results for the cities of Southlake and Grapevine were not provided by Zillow.

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Magness, Blaser and Yoakum Realty Group customers, and potential customers should be excited to read the most recent news coming from our broker, Ebby Halliday Realtors.  I received this update from our brokers office last week:

The Dallas Morning News reported today that nationwide, home prices fell 16.3% from this time last year according to the latest Standard & Poor’s Case-Shiller Index. In Dallas, home values fell 2.5%, one of the smallest declines reported.

At the Ebby Halliday Companies the story is much brighter! Company-wide average home sale prices have increased more than 4.0% over 2007.

Here’s the list, according to S&P Case-Shiller:

Atlanta - down 8.2%
Boston - down 5.4%
Charlotte - down 1.8%
Chicago - down 10.0%
Cleveland - down 7.8%
Dallas - down 2.5%
Denver - down 4.7%
Detroit - down 16.7%
Las Vegas - down 29.9%
Los Angeles - down 26.2%
Miami - down 28.2%
Minneapolis - down 13.1%
New York - down 7.4%
Phoenix - down 29.3%
Portland - down 6.6%
San Diego - down 25.0%
San Francisco - down 24.8%
Seattle - down 8.2%
Tampa - down 19.4%
Washington DC - down 15.8%

Ebby Halliday Companies - UP 4.0%

This is exceptional!

Ebby Halliday, REALTORS, Ellen Terry, REALTORS, and Dave Perry-Miller & Associates are performing far above the market. Obviously, you are all attaining the maximum market value possible for your homeowners.

If you are thinking about buying or selling a home in the Texas cities of Grapevine, Southlake, Keller, Colleyville or other North Texas / North Tarrant County areas, we would be happy to assist you in the process by providing a detailed CMA (Comparative Market Analysis) of your home for you.  For an instant online market analysis of homes in your neighborhood, click here to request our FREE Market Snapshot.

For a local market analysis of homes in your neighborhood, click here to request our FREE Market Snapshot.

The following report was prepared by MBY Realty Group using information provided by NTREIS, Prime Interest Rate data provided by bankrate.com.

http://www.mbyrealtygroup.com/westlake-TC-feb-2008.html

This blog is devoted to discussing new properties, local communities and general market conditions in the north Ft. Worth / Dallas, Texas communities including; Southlake, Texas; Westlake, Texas; Trophy Club, Texas; Colleyville, Texas; Grapevine, Texas; Keller, Texas.