Southlake Real Estate Market Report: November 2026

Every month I go through the Southlake numbers on my YouTube channel, Southlake Real Estate. This page puts the latest video next to the written numbers, with where each number comes from and the time period it covers, so you can see exactly what I'm looking at. I'm Dana Pollard, owner and broker of Dana Pollard Group here in Southlake.

My November 2026 Southlake market update

In this video I walk through October 2026 closed sales in Southlake and compare them with the Dallas-Fort Worth luxury market.

Yes, Southlake's median sale price dropped by more than $400,000 from September to October, from $1.73 million to $1,328,500. I wasn't surprised. September was a one-off month with more $2 million plus sales than normal, and only 22 homes closed in October compared with 36 in September. When that few homes sell, a handful of big sales can swing the median a lot. October's median was still about 12.5% higher than October of last year. The sky is not falling, and Southlake home prices are not plummeting.

Southlake market numbers at a glance

Why two sets of numbers? My video looks at a single month, October 2026, and only single-family homes. Redfin's market page looks at three months (August through October 2026) and all home types, so its numbers move more slowly. Neither one is wrong; they answer different questions. Texas doesn't require sale prices to be made public, so the $1.5 million and $3 million counts are based on each home's last list price, not its final sale price. Redfin numbers were pulled November 14, 2026.

What this means if you're buying

Six months of inventory feels like a buyer's market, and October and November have felt slow. That gives you more room to negotiate, especially on homes that have been sitting on the market for a while. On average, October sales closed at 97.5% of list price, but that's only an average. I look at every home in its own neighborhood, how fast homes there are selling and how long that house has been listed before I tell you where to put your offer. In my experience, spring brings more buyers and more competition, so late fall and winter are often the best time of year to find a good deal in Southlake.

What this means if you're selling

You can sell in this market. You just want to do all the things right. The median home in October sold in 36 days, so a home that is priced right, prepared well and shown well can still move quickly, while 55 listings expired in October without selling. Pricing to today's market, not last spring's, is the biggest piece. If you're thinking about selling, I'll show you exactly how we'd market your home and where I'd price it.

Start My Southlake Home SearchGet My Marketing Plan

Prefer to talk? Call or text me at 817-994-9630.

Westlake snapshot

Next door, Westlake is a much smaller and higher priced market. Redfin shows 33 home sales there in the last 12 months (closings November 2025 to October 2026). By last list price, 32 of them were $1.5 million or more and 24 were $3 million or more. For the three months ending October 2026, Redfin's median sale price in Westlake was $3,674,944 on 10 sales, with a median of 122 days on market and a 92.9% sale to list price ratio. Redfin shows that median down 42.6% from a year earlier, but with only 10 sales, a few homes can move that number a lot, so I watch the yearly sales count too.

Past monthly updates

• October 2026: Southlake Real Estate Just Took an Unexpected 48% Turn
• September 2026: Southlake Home Sales Just Dropped 49%. What's Happening?
• August 2026: Southlake TX Real Estate Market Update and Housing Market Trends
• July 2026: Is Southlake's Housing Market Changing?

Explore Southlake neighborhoods

Market numbers for the whole city only tell part of the story. Prices, lot sizes and how fast homes sell can be very different from one neighborhood to the next. Start with my Southlake guide, or jump into a neighborhood: Carillon, Timarron, Monticello Estates and Stone Lakes.

Frequently asked questions

How is the Southlake real estate market right now?

Steady, with more room for buyers than a year ago. Redfin's median sale price for Southlake was $1,411,518 for the three months ending October 2026, up 9.8% from a year earlier. In October 2026 there were about 6 months of inventory, homes took a median of 36 days to sell, and sales closed at 97.5% of list price on average.

How long does it take to sell a home in Southlake?

Redfin shows a median of 52 days on market in Southlake for the three months ending October 2026, down from 57 days a year earlier. In October 2026 alone, the median was 36 days and the average was 69 days. Homes that are priced right and show well tend to sell faster.

What is the median home price in Southlake, TX?

Redfin's median sale price for Southlake was $1,411,518 for the three months ending October 2026, up 9.8% from a year earlier. For October 2026 alone, the median sale price of single-family homes was $1,328,500, down from $1.73 million in September and about 12.5% higher than October 2025.

How many luxury homes sell in Southlake each year?

In the last 12 months (closings November 17, 2025 to November 11, 2026), 180 Southlake homes with a last list price of $1.5 million or more sold, up from 160 the year before. 44 of those had a last list price of $3 million or more, up from 24. These counts come from Redfin sold data and use the last list price, because Texas doesn't require sale prices to be made public.

Your next step

Whether you're buying or selling, I'd be happy to walk you through what these numbers mean for your neighborhood and your home. Tell me what you're looking for and I'll send you homes that fit, including ones that aren't on the market yet. Or, if you're selling, get my marketing plan for your home.

Start My Southlake Home SearchGet My Marketing Plan

Call or text me at 817-994-9630.