Colleyville TX New Construction Home Report: Here's the market update for September 2017
Sales in September 2017
September 2017 Colleyville New Home Sales recorded 7 sales. The cheapest new home was sold for $535,000 and the most expensive new home was sold for $1,800,000. The sales price for new homes sold in Colleyville was $187 per sq. ft. compared to $159 per sq. ft. for resale homes. The number of months of supply of new homes in Colleyville stands at 4.0 months. Average sales price for new homes in Colleyville was $655,000 in September 2017 compared to $610,000 in August 2017.
Median new home prices in Dallas-Fort Worth have jumped to record levels of more than $382,000. A mid-priced new house will run you about $100,000 more than a preowned property — the biggest spreads ever between new and existing homes as shown above.
Sales year to date (YTD)
Overall, 55 new Colleyville ISD homes have been sold so far this year (September 2017). Some of the subdivisions include:
Creekside at Colleyville
Colleyville Estates
Heron Pond
Preservation
Somerset Manor
Whittier Heights
The Legacy
Ask us for our Colleyville TX new home buyer discount, cashback and rebate plans! Save money when you buy a new construction home in Colleyville Texas with us.
Top Colleyville TX New Home Builders selling homes from $510,000 to $909,000 are:
Toll Brothers
K. Hovnanian® Homes
CalAtlantic Homes
M/I Homes
MainVue Homes
Dallas New Home Builder Construction Statistics
* median DFW new-home prices are more than $100,000 higher than a decade, ago
* as of August 2017, the median home price in DFW is $320,600
* for 2Q17, new-home starts of $200,000 to $250,000 are up by 28%
* 2Q17 home-starts below $200,000 represent only 8% of total starts, compared to 62% a decade ago
* the greatest jump in starts for 2Q17 is for homes priced between $350,000 and $399,000
* closings between $300,000 and $399,000 have surged – builders state that homes priced under $400,000 are in the greatest demand
* from 2Q16 to 2Q17, new-home starts jumped 14%
About Us:
Are you a first time new construction home buyer in Colleyville, TX? If so, make sure you take good note of the above market information. By taking into account these market statistics, buying your first new build home in Colleyville TX will be much easier and less stressful! If you have not selected a top Colleyville, TX Realtor to represent you in your home purchase, contact me, and I’d love the opportunity to interview for the opportunity to help find you your dream home!
If you are planning to relocate to Colleyville TX area and are planning to explore areas like Southlake, Keller, Trophy Club, Arlington, Grand Prairie, Plano TX, Frisco TX or Proosper TX, contact us. Our excellent Colleyville Real Estate Services provided by top Colleyville Real Estate Agents will make buying your first home much easier and will make your Dallas TX relocation less stressful! Check out our Dallas Relocation Resources at http://www.nitinguptadfw.com/dallas-relocation-real-estate-agent
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