The Colony Real Estate Market Extends Downward Trend in Price Cuts

This week in the The Colony market, sales ticked up to 51 homes sold over the last 30 days, even with a new downward trend in price reductions, with 71 in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. While the number of price reductions trended lower, months of inventory is on an eight-week upswing, this week hitting three months. With such a small volume of inventory available and sales going up, The Colony is a seller's market.

Trying to find a more traditional home in The Colony? Then check out these listings that were built before most others in the market:

$244K   $172K   $228K  

Get started right now by checking out The Colony homes for sale or reviewing The Colony real estate trends.

Demographic facts about The Colony:

  • The average age of the population is 33 years old.
  • The area's health cost index score is 100.9. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (14.9%), 15-29 min (31.6%), 30-44 min (34.2%), 45-59 min (11.9%), >60 min (7.3%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Texas Home Finders
23 reviews
Nord Realty
Snapped 18 homes in this area
Nathan Grace Real Estate
Snapped 71 homes in this area

Agents that specialize in this area
1 snap in this area
1 snap in this area
1 snap in this area
2 snaps in this area
1 snap in this area
31 snaps in this area
2 snaps in this area
1 snap in this area
1 snap in this area
1 snap in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.