DFW Team Realty | Full Service Brokerage

Sell with a 1% Listing
Buy With a 1% Rebate
Learn More Here


What is my Home Value in The Colony? | Monthly Report

0
0
0
  Year To Date
2016 2017 % of Change 2016 2017 % of Change
New Listings 69 6900 9900.0% 150 96 -56.2%
Closed Sales (Reported) 52 49 -5.8% 124 126 1.6%
Closed Sales (Projected) 52 55 5.8% 132 124 -6.1%
Listings Under Contract 54 52 -3.7% 150 135 -10.0%
Average Sales Price $224,062 $271,000 20.9% $208,193 $249,316 19.8%
Median Sales Price $212,500 $245,000 15.3% $199,450 $230,000 15.3%
Percent of Original List Price Received 100.5% 0% -100.0% 1% 100% 9900.0%
Days on Market Until Sale 23 46 100.0% 23 36 56.5%
Inventory of Homes for Sale 53 48 -9.4% - - -
Months Supply of Inventory 1.1 1 -9.1% - - -

March 2017 Real Estate Market Summary for The Colony, TX (MLS Area 9)

The Colony Residential Property Sales For March 2017 Are Lower 5.8%

In The Colony there were 49 reported houses sold in March 2017, and this was a drop of 5.8% from 2016. Year to date recorded houses sold reached 126 total, a climb of 1.6% compared to the same month 2016. In March 2017 projected real estate sales was at 55 total, an improvement of 5.9%. There were 132 projected units sold year to date, which was a hike of 6.5%. The number of new homes listed in the market in March 2017 in The Colony saw a climb of 166%, with 690.0 new homes listed in the market this month. In The Colony the number of new residential properties for sale in the market year to date saw no difference, with -9.6 new residential properties for sale in the market this year. In The Colony there were 52 contract listings in March 2017, which was a down-slide of 3.7% compared to the same time of year last year. Year to date homes listed under contract in The Colony was lower 10% from last year, with 135 homes listed under contract this year. In The Colony this month approximate months supply of inventory had a decrease of 9.6%, with 1.0 months of supply total. In March 2017 there was a decline of 9.4% in homes for sale in The Colony. There were 48 homes for sale total this month. In The Colony days on market until sale in March 2017 was higher 103.3% relative to last year, with 46 days on market until sale total this month. In March 2017 the total percent of asking price received was 99.7, a decrease of 0.7%. The number of percent of original list price received in The Colony year to date reached 99.2, a fall of 0.8%.

The Colony Listings Versus Sales