Everyone Says Southlake and Roanoke Move Fast. Here's What the Data Actually Says.

I keep hearing the same assumption about this stretch of Southlake and Roanoke: fast, competitive, investors circling every listing. So I pulled the twelve-week numbers, June 8 through August 30, 2026, and here's what the data actually says.

Across the territory, the median time on market was 49 days, out of 240 sales. That's not a market moving at a sprint. That's a market where a buyer gets time to think it over.

Here's the number that surprised me most. Only 2.9% of sales across the territory closed inside seven days. That's the "it's gone before you can see it" story everyone repeats, and the data just doesn't back it up.

And the investor piece of the story doesn't hold up either. Absentee owners hold 0% of current inventory across the territory, out of 245 active listings. This isn't a market being scooped up by out-of-town buyers and held for rent. It's owner-occupants, largely.

Now, the two towns aren't identical, and that's worth naming honestly.

In Southlake, the median time to pending ran 71.5 days.

In Roanoke, the same measure ran 52 days. One metric, two very different paces, inside the same buy box. If you're picturing "the Southlake and Roanoke market" as one thing, that gap is the reason to stop.

Southlake also cooled on volume. Homes sold there fell about 45% compared with a year earlier, down from 158 sales a year ago in Southlake.

Roanoke slowed too, but less sharply. Homes sold there fell about 22% compared with a year earlier, down from 195 sales a year ago in Roanoke.

What does this mean if you're the one deciding whether to list or make an offer? If you're selling in Southlake, price for a market that's giving buyers time to decide, not the frenzy narrative. If you're buying in Roanoke, you're working with a market moving somewhat faster, but still nowhere near the "gone in a week" story. Neither town in this territory is behaving like the hot-market headlines suggest.

What I'll be watching next: whether Southlake's slower pace and steep year-over-year sales drop are a pause or a real reset, and whether Roanoke keeps its faster pace or starts drifting toward Southlake's rhythm. That gap between the two is the thing to watch.

If you want to talk through what any of this means for your specific situation, I'm always a call away.

Katie