The Colony Home Values

Just over four in ten closings in The Colony landed below the original list price this quarter, a narrower share than the trailing 12-month pace and a signal that buyers gave up some room at the negotiating table. Sellers captured close to 98 cents on the dollar, edging past last month's rate, while price per square foot — the more reliable valuation read here — held essentially flat near $219, a slight step back from last month's $221. Based on MLS data for 2026-09 closings in The Colony, the median sale price ticked up to roughly $450K even as the underlying per-square-foot trend stayed muted.

Active listings in The Colony pulled back to 210 this quarter, a retreat from a count that had held flat for two straight months. The shift helped push months of supply under the four-month mark for the first time recently, tilting pipeline conditions further from buyers' favor even as pending contracts ticked up slightly to 18 open agreements. With Denton County's supply pool still running nearly six months deep, The Colony's tighter pipeline suggests local buyers are operating with less room than earlier this year, though the modest pending-contract gain hints the pullback in absorption may be leveling off.

Holding a roughly eight-percent premium over Denton County's broader price-per-square-foot benchmark, The Colony's closed sales landed near $221 in the latest quarter, even as the city's median sale price, near $443K, actually trailed the county's roughly $452K figure — a gap that points to smaller average footprints rather than softer demand. Based on MLS data for 2026-08 closings in The Colony, sellers captured close to 98 cents on the dollar, edging past the county average, while concessions appeared in just over half of transactions, notably less often than the county's roughly six-in-ten rate. Homes also moved to contract a touch faster than the county norm this quarter.

Running measurably tighter than Denton County's broader pipeline, The Colony's supply pool holds just above four months even after new listing activity eased from last month's pace. Pending contracts fell sharply again this quarter, down to only 16 open agreements from the high thirties — a steeper drawdown than the county's overall inventory trend would suggest. Active listings stayed essentially flat. Whether the pending-contract slide reflects buyers pulling back or a temporary lull, The Colony's supply pipeline remains noticeably leaner than the county it sits inside, a gap worth watching into fall.

Closings in The Colony picked up pace this quarter: 155 homes sold, well above the roughly 130 per quarter pace implied by the trailing annual figure. Based on MLS data for 2026-07 closings in The Colony, price per square foot held at $225, matching the annual benchmark, even as the median sale price eased to roughly $443K, a step back from last month's read. Homes spent about twenty-six days under contract before closing — a few days longer than last month's brisker clip, though still well inside the 39-day annual norm. Sellers continued to capture close to 98 cents on the dollar, and concession activity ticked up slightly, present in just over half of transactions.

Pending contracts in The Colony fell sharply this quarter, dropping to just 39 open agreements — well below the roughly 90 counted last month even as new listing volume held firm at 246, keeping fresh supply flowing into the market. Active inventory stayed flat at 242, and months of supply eased slightly to just under five, still comfortably below Denton County's broader reading of nearly six. The widening gap between new listings and pending contracts marks a shift from last month's tighter absorption pattern, suggesting buyers are taking longer to commit even as sellers keep bringing homes to market.