Located in Tarrant County, Southlake is one of the hottest suburban areas that’s trending for the new year. From luxurious and sprawling homes to fantastic schools and a great community, Southlake offers the picture-perfect life for people looking to settle down in the Dallas area.
Southlake is located just 45 minutes from Dallas and about a half an hour from Fort Worth, so removed enough to bask in peace and serenity but also close enough to the bustling city of Dallas. Additionally, the job market in this fantastic neighborhood is thriving with unemployment at an incredible 3 percent rate.
Although Southlake encompasses a larger area within Dallas, there are two of the most notable neighborhoods worth mentioning within the suburb:
Kirkwood Hollow is a fantastic neighborhood, known for its beautifully constructed luxury homes. The average listing price in this high-end neighborhood is anywhere between $600,000 and $1.1 million. Located in the incredible ISD public school district, some amazing amenities include the community clubhouse, neighborhood swimming pool, pristine tennis courts, a clean jogging path, playground for kids, and homeowners association.
In terms of median rent price, the price in Brickell is $2,548, which is higher than the Miami median price of $2,450. Miami’s condo sales jumped 24.0% and condo dollar volume rose by 40.8% year-by-year. The sudden increase in Miami condo sales can be attributed to sales that were paid for in cash and ultimately had lower price ranges.
Carillon is an elegant neighborhood that has slowly grown to nearly 350 homes in the area. Typically, property sizes range from .15 to .35 acres and the public school, which is also Carroll ISD public schools, has incredibly high ratings. Amenities that draw long-time homeowners to this neighborhood include a charming neighborhood lake and pond, lush walking paths, as well as a community clubhouse.
As previously mentioned, the Southlake public schools are some of the best in the state so if you’re a homebuyer with children looking to settle down within a close distance to Dallas, then Southlake is one of the best options available.
As well as being a huge draw for its delightful homes and peaceful atmosphere, Southlake has also established itself as a significant presence for arts, entertainment, and shopping. Additionally, in a report recently done by the Dallas Morning News, it’s evident that Southlake is one of the highest-ranked areas for empty nesters (couples who are 45 years or older without kids or kids who are no longer living at home).
When examining average home prices in the area, market insights indicate that the average sales price in Southlake is around $780,000, which is typically 1.2 percent under the listings price. Also, the average price per square foot is $181, which has gone down by 2.2 percent since last year, as reported by Redfin.
Currently, there are 217 homes on the market in Southlake, 29 of which were listed in the last week. As a result, it’s an excellent time to buy in the area! From picturesque homes to a vibrant neighborhood scene, there’s something for everyone in this amazing and beloved suburb.