The Colony Market vs. Neighbors: Price and Speed Trends

The Colony market is moving faster and at higher prices than it did just six months ago. Across 99 closed sales in the rolling six-month window ending October 31, 2026, the median close price reached $439,900, up 7.4% from the prior period and 5.2% above the same window last year. Homes are selling more quickly as well; the median days on market fell to 64 days, a 28.9% improvement over the previous six months, though still 12.3% higher than the same period a year ago. ALEX Intelligence compared The Colony against regional benchmarks to contextualize these trends. While the broader Unlock MLS region saw a median price of $403,000 and 57 days on market, The Colony buyers paid a premium for larger homes, with a median living area of 2,488 square feet compared to the regional average of 2,015 square feet. However, the price per square foot in The Colony sat at $180, which is 10% lower than the regional median of $205 and reflects the larger home sizes typical of this community. The data also highlights a shift in negotiation dynamics. The median close-to-original list ratio improved to 91.8%, matching the level from a year ago but significantly higher than the 86.9% seen in the prior six-month period. Fewer homes are selling below original list prices, with only 85.9% of sales closing under the initial asking price, down from 93.3% previously. This suggests that while buyers still negotiate, sellers in The Colony are retaining more of their listing value compared to earlier in the year. When viewed against neighboring Bastrop County, The Colony commands a higher median price of $439,900 versus $350,000, yet both markets show similar efficiency with days on market hovering around 64 to 91 days depending on the specific window and data source used for comparison. The larger inventory of new construction in The Colony, with 71 closed sales in this period, continues to drive volume while maintaining price stability relative to the broader region. Want to see this home? Call or text George at 713.918.9951 for a private showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog