Ken Oenbrink NTXsuburbs.com Market Reports

The Colony, TX

Single-Family Homes

NTXsuburbs.com / 972-816-1660 / ken.oenbrink@gmail.com



The Colony, TX

Tue Mar 19 2024
This week the median list price for The Colony, TX is $730,000 with the market action index hovering around 50. This is an increase over last month's market action index of 49. Inventory has increased to 85. Click here to stay informed with the The Colony market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

The Colony, TX

Tue Mar 19 2024
This week the median list price for The Colony, TX is $730,000 with the market action index hovering around 50. This is an increase over last month's market action index of 49. Inventory has increased to 85. Click here to stay informed with the The Colony market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the The Colony market.
Median List Price $730,000
Median Price of New Listings $747,000
Per Square Foot $251
Average Days on Market 75
Median Days on Market 42
Price Decreased 36%
Price Increased 13%
Relisted 14%
Inventory 85
Median Rent
Market Action 50
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,065,900 3,863 8,000 - 10,000 sqft 5 4 4 4 2 49
$825,000 3,234 4,500 - 6,500 sqft 4 3.5 4 5 1 35
$599,000 2,272 6,500 - 8,000 sqft 3 2 24 4 5 35
$339,000 1,426 6,500 - 8,000 sqft 3 2 45 3 4 35