Colleyville homes for sale have increased 8% over the same time last year. And with a total of 129 Colleyville homes sold in the first 7 months of this year, home sales are down 29% so far this year. With the increase in Colleyville homes on the market and with the homes sales down, the inventory of Colleyville homes for sale is obviously up, up to a 10.7 month’s supply of homes. Six months of inventory on the market is generally considered a neutral market, more than that, a buyer’s market.
Colleyville homes for sale are still selling at 97% of list price, unchanged from last year and the average sales price of Colleyville homes is $502,023.00 is down only 1% from last year while the median price of a sold home in Colleyville has increased 1%, to $420,000.00.
Colleyville currently has 31 homes for sale over $1,000,000.00. To date there have been only 9 Colleyville homes sold for over $1,000,000.00 versus 16 Colleyville homes for sale over $1,000,000.00 that sold during the sale time in year 2008, down 44%. So, if you’re one of the lucky few looking for a home in the $1,000,000.00 price range, you should be looking into Colleyville real estate as it seems to be a buyer’s market in that price range.
If you are looking for new construction, there are new construction Colleyville homes for sale. From new construction condominiums in the Village at Colleyville (prices in the upper, upper $200,00.00s and lower $300,000.00s) to new construction townhomes in Heritage Oaks – Colleyville (prices in the upper, upper $300,000.00s) to single family detached homes in the Villas at Oak Pointe, Copperglen, Lavaca Trail Estates, Villas of Colleyville, The Enclave at Arbor Estates, Covington, Chanel Court, Western Trails and more (prices from the $400,000.00s to over $1,000,000.00).
So if a community filled with estate homes is what you are looking for, give me a call at 972-402-4124 and we can discuss the various options in Colleyville homes for sale.
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