When buying real estate in Texas’ largest cities, it is important to take a closer look at what that property has to offer in terms of long term affordability and features. One thing you’ll appreciate about The Colony, TX is that it has a strong record of outstanding value and extensive growth. Though not every city in the state can say it is on a positive upswing in its real estate sector, The Colony can, and that is one of the main reasons so many people are hoping to buy there.
The Collin County Association of Realtors reported that about 138 homes sold in The Colony in the month of August 2019. That is a close to over the 136 properties that sold at the same time in 2018. The average sales price is $364,977 in August 2019 from $333,448 an year ago. Being up 4 percent like this, it’s clear to see there is a lot of demand for real estate in this city.
The Colony has a lot going for it and that’s why this area is doing so well. Even though home values are on the rise, there is a high demand for homes from many families relocating to The Colony looking for higher end homes with excellent schools. The area’s diverse housing option, strong economic conditions and its numerous amenities, proximity to jobs, and good schools (Lewisville ISD) all contribute to the value that this city has to offer residents, bringing them in from around the country. Add to this the ability to secure an affordable loan with interest rates that are very low and you can clearly see why this could be the ideal place to buy right now.
In the short and long term, The Colony real estate looks to be a very good investment for many people. Work with us, your local The Colony real estate experts, to find the best The Colony, TX real estate for you and your family.
Top The Colony New Home Builders selling homes are:
David Weekley Homes
First Texas Homes
K. Hovnanian® Homes
Paul Taylor Homes
About us: The Colony Relocation Real Estate Experts
Get an Advantage
How can both buyers and sellers have an advantage in the The Colony Texas real estate market? Employ the services of a The Colony real estate agent who has vast knowledge and experience of the market.
The above information regarding the “What Does The Colony, TX Real Estate Have to Offer?" was provided by Nitin Gupta, REALTOR. Nitin has experience helping families buy and sell homes in the Dallas/Fort Worth area. If you’re thinking of selling or buying, he would love to share his knowledge and expertise. Learn more about The Colony real estate market and Tarrant County Real Estate news at
The communities he proudly serves include The Colony, Keller, Allen, Southlake, University Park, McKinney, Celina, Coppell, Frisco Flower Mound, Colleyville, Grapevine, Highland Park.
Learn more about The Colony real estate market and Collin county news at
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