At this price, the first price decides most of the outcome.
I analyzed every $700K+ single-family sale and failed listing in Southlake, Colleyville, Keller, Grapevine, Haslet and Westlake over the past 12 months. Homes priced right went under contract in 9 days. About 1 in 5 didn't sell at all.
Free, with no obligation. Built from MLS sales near your home.
1,204 single-family homes sold at $700,000 or more inSouthlake, Colleyville, Keller, Grapevine, Haslet and Westlake. Another 290 were listed and didn't sell. The difference was mostly the first price.
Median time to contract for $700K+ homes that never needed a price cut. They sold for 99.1% of their original price.
Median time to contract for $700K+ homes that needed a price cut. They sold for 91.6% of their original price.
Of 140 homes whose listing failed and later sold, 121 sold below the price that failed, a median of $75,000 lower.
$700K+ homes that came to market didn't sell: 290 homes, against 1,204 that sold.
Starting high didn't pay. 86% of failed listings that later sold went for less than the price that failed.
Get My Free Listing ReviewEach city is its own market. These figures cover only homes that sold at $700,000 or more.
| City | Median sale price | Price per sq. ft. | Median days on market | Sold vs. original price | Sales | Didn't sell | For sale now |
|---|---|---|---|---|---|---|---|
| Westlake | $4,635,000 | $794 | 90 | 93.0% | 30 | 42% | 44 |
| Southlake | $1,415,000 | $367 | 14 | 97.1% | 371 | 24% | 129 |
| Colleyville | $1,100,000 | $282 | 16.5 | 97.8% | 270 | 13% | 71 |
| Keller | $900,000 | $256 | 23 | 97.6% | 292 | 18% | 80 |
| Grapevine | $857,250 | $273 | 16.5 | 98.4% | 137 | 14% | 35 |
| Haslet | $821,650 | $241 | 44 | 96.8% | 104 | 21% | 45 |
All six cities combined. Under $2 million, there are about 3 months of homes for sale. Above $2 million, there are about 11 months, so pricing and presentation matter even more.
| Price range | Sales, past 12 months | Median days on market | Sold vs. original price | For sale now | Months of supply |
|---|---|---|---|---|---|
| $700K to $1M | 502 | 22 | 98.1% | 120 | 2.9 |
| $1M to $2M | 528 | 13 | 97.5% | 124 | 2.8 |
| $2M and up | 178 | 39.5 | 94.9% | 160 | 10.8 |
Months of supply is homes for sale now divided by average monthly sales over the past year. Homes for sale are grouped by current asking price.
What I do for $700K+ listings, and the numbers behind it.
$700K+ homes that sold without a cut went under contract in a median of 9 days. Homes that needed a cut sat a median of 89 days and sold for 91.6% of their original price. I price from the 3 closest sales and the homes you'd be competing with, so the first two weeks count.
Buyers at this price compare your home with the best listings they've toured. Your home goes to market with professional staging, HD video tours and targeted ad campaigns, based on what the sold homes near you looked like online.
Fewer buyers shop at higher prices. Above $2 million there are about 11 months of homes for sale. I reach out to the agents who have sold homes in your price range in the past year, because their buyers are the likeliest to be yours.
Your free listing review compares your home with the homes near you that did sell and shows where the gap was, before you decide whether to relist. No cost and no obligation.
It depends mostly on the first price. Over the 12 months to Nov. 10, 2026, homes in Southlake, Colleyville, Keller, Grapevine, Haslet and Westlake that sold at $700,000 or more without a price cut went under contract in a median of 9 days at 99.1% of their original price. Homes that needed a price cut took a median of 89 days and sold for 91.6% of their original price.
The data says no. Of 140 homes in these six cities whose $700K+ listing expired or was cancelled and that later sold, 121 (86%) sold below the price that had failed, a median of $75,000 lower.
About 1 in 5. Across Southlake, Colleyville, Keller, Grapevine, Haslet and Westlake, 1,204 homes sold at $700,000 or more, and 290 homes had a $700K+ listing expire, get cancelled or get withdrawn without relisting or selling since. Westlake had the highest share at 42%, Colleyville the lowest at 13%.
Yes. Homes above $2 million in these six cities had about 11 months of supply on Nov. 10, 2026, compared with about 3 months between $700,000 and $2 million. They took a median of 39.5 days to go under contract and sold for 94.9% of their original price.
Compare your home with the homes near you that did sell, by price per square foot, condition and days on market. A free listing review does that and shows where the gap was before you decide whether to relist.
Based on information from North Texas Real Estate Information Systems, Inc. for the period Nov. 10, 2025 through Nov. 10, 2026. Single-family homes in Southlake, Colleyville, Keller, Grapevine, Haslet and Westlake. Sales are closings at $700,000 or more. "Didn't sell" counts homes whose $700K+ listing expired, was cancelled or was withdrawn and that had not relisted or sold by Nov. 10, 2026. Homes for sale as of Nov. 10, 2026.
Tell me about your home and I'll email your review within 24 hours.
Born and raised in Fort Worth, with an office in Hurst.
Prefer to talk? Call or text me at 817-874-1602.