Ken Oenbrink - NTX Property Watch Report

The Colony, TX

Single-Family Homes

Call or Text 972-816-1660 ken.oenbrink@gmail.com



The Colony, TX

Wed Jan 22 2020
This week the median list price for The Colony, TX is $432,450 with the market action index hovering around 43. This is an increase over last month's market action index of 40. Inventory has held steady at or around 124. 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.

Slight Seller's Advantage

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

Wed Jan 22 2020
This week the median list price for The Colony, TX is $432,450 with the market action index hovering around 43. This is an increase over last month's market action index of 40. Inventory has held steady at or around 124. 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.

Slight Seller's Advantage

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 $432,450
Per Square Foot $157
Days on Market 77
Price Decreased 40%
Price Increased 4%
Relisted 6%
Inventory 124
Median Rent $1,920
Most Expensive $1,999,900
Least Expensive $173,500
Market Action 43
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$649,900 3,809 8,000 - 10,000 sqft 4 4 4 8 3 90
$480,000 3,124 4,500 - 6,500 sqft 4 3 3 3 9 95
$359,900 2,554 6,500 - 8,000 sqft 3 2 18 7 5 71
$244,900 1,607 6,500 - 8,000 sqft 3 2 43 6 13 50