The Colony Market Heat Score: A Balanced Signal in October

Deal of the Week

216 George Neggan LN, Bastrop TX 78602
Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range. Lower quartile: under $370,000 216 George Neggan LN, Bastrop TX 78602 · MLS #3931307 Listed at $279,000, 4 bed, 2.5 bath, 1,912 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 24% under the local price per sq ft. See it on alex.realestate: https://www.alex.realestate/listing-detail/1189841461/216-George-Neggan-LN-Bastrop-TX Lower-middle quartile: $370,000 to $425,000 131 Ironbark BND, Bastrop TX 78602 · MLS #6275783 Listed at $407,000, 4 bed, 2 bath, 2,075 sq ft. Listed 0% below the ALEX valuation; price reduced 7% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1171876284/131-Ironbark-BND-Bastrop-TX Upper-middle quartile: $425,000 to $538,000 120 Salado Creek TRL, Bastrop TX 78602 · MLS #8365561 Listed at $454,990, 4 bed, 3 bath, 2,331 sq ft. Listed 3% below the ALEX valuation; price reduced 9% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1183286867/120-Salado-Creek-TRL-Bastrop-TX Upper quartile: $538,000 and up 187 Pioneer PSGE, Bastrop TX 78602 · MLS #8618654 Listed at $539,900, 3 bed, 2.5 bath, 2,503 sq ft. Listed 7% below the ALEX valuation; price reduced 16% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1183132227/187-Pioneer-PSGE-Bastrop-TX

Key figures · The Colony · rolling 6 months ending Oct 31, 2026

Source: Unlock MLS, rolling 6 months ending Oct 31, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.

Market figures by town

The Colony market heat score for the rolling six months ending October 31, 2026, indicates a balanced market environment where supply and demand are closely matched. This composite index, calculated by ALEX Intelligence using median days on market, sale-to-list price ratios, inventory levels, and price reduction rates, currently points to stability rather than extreme buyer or seller dominance. Over the past six months, 99 homes closed with a median price of $439,900, representing a 7.4% increase from the prior period and a 5.2% rise compared to the same window last year. The market is moving faster than before; median days on market dropped to 64 days, down 28.9% from the previous six months, though this remains 12.3% higher than the same period a year ago. Inventory levels stand at 4.79 months of supply, placing the market firmly in balanced territory where neither side holds a decisive advantage. While 85.9% of homes sold below their original list price, the close-to-list ratio has improved to 0.918, showing buyers are negotiating closer to asking prices than in the prior period. With 79 active listings and 16 new sales in October alone, the market remains active but steady for both buyers and sellers. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a 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
George Arnold Alexander III, MPA
Partner, ALEX Companies
Associate Broker, Alexander Tiffany Southwest, LLC
Licensed Broker in TX, CO, NC, AL
[email protected] · +1 713.918.9951
TREC Information About Brokerage Services · TREC Consumer Protection Notice
Source data: Unlock MLS, rolling 6 months ending Oct 31, 2026, n=99 closed sales
Cover photo: Ridgepointe Park, The Colony, TX by Kevin Payravi, CC BY-SA 4.0, via Wikimedia Commons; darkened, cropped and text added.
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Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B  ·  George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov