Colleyville Home Values

Colleyville homes closed faster than at any point in the trailing year this quarter, with days on market compressing to roughly two weeks — continuing a pattern of quicker sales built over recent months. Based on MLS data for July 2026 closings in Colleyville, price per square foot held near $284, little changed from the trailing-year figure, while the median sale price hovered just above $1 million. Concession participation held steady at roughly three in ten deals, in line with last quarter's pullback, though the typical concession amount continued easing, slipping to under $6,000. About one in six closings landed below list, a narrower share than the trailing year's one in four.

Pipeline signals complicate the closed-sale velocity story: pending contracts in Colleyville fell sharply over the past two months, well below the pace seen earlier this year, even as new listings continued arriving at a brisker rate than the trailing-year average. Active inventory held flat at 171 homes, and months of supply eased to roughly four months — right at the threshold that typically separates balanced conditions from a buyer's edge. The gap between fresh listings and slowing pending activity suggests the quicker closings seen this quarter may not carry the same momentum into the next.

The negotiation gap narrowed meaningfully in Colleyville this quarter — fewer buyers closed below asking, with the share falling to roughly one in five from closer to one in four in the prior annual period. Sellers recovered nearly 99 cents on the dollar based on MLS data for recent closings in Colleyville, and concession participation pulled back to roughly three in ten transactions, down from more than a third a year prior. Average concession amounts also retreated to about $6,700. Homes that did sell moved in roughly half the time recorded over the trailing year, suggesting that well-positioned listings are finding buyers with less resistance.

With months of supply at about 4.5 — still above the 4.0-month threshold that marks the conventional boundary between balanced and buyer-favorable conditions — Colleyville's pipeline offers buyers a degree of selection pressure. New listings flowing into the market over the trailing period outpace pending contracts by more than three to one, keeping active inventory elevated at roughly 160 homes. If new listing activity continues to outpace contract signings at this rate, supply conditions are unlikely to tighten materially in the near term.

At roughly $279 per square foot, Colleyville commands a 51% premium over the broader Tarrant County median — a gap that held steady across recent closings even as the wider market softened. Sellers recovered just under 98 cents on the dollar, outpacing the county average by about 65 basis points, while concession participation ran at roughly 36% compared to 57% countywide. No deals closed above asking price in the trailing period, and about one in four fell below list. Based on MLS data for closings in Colleyville, values edged roughly 1.5% lower year over year, though the per-square-foot premium relative to Tarrant County remained intact.

Colleyville's supply picture sits at roughly 5.7 months — above the 4.0-month threshold that historically marks a shift toward buyer-favorable conditions. Active inventory of 162 homes has absorbed about 43 cents of pending demand for every dollar of listed stock, a conversion rate that directionally suggests steady but unhurried demand. New supply coming online at roughly 165 additions over the trailing period is outpacing the pace of contracts, keeping absorption measured rather than aggressive.