The Colony Market Pulse: Prices Rise in Rolling Six Months

The Colony market showed resilience with median home prices rising to $429,995 over the rolling six months ending October 31, 2026. This represents a 7.3% increase compared to the prior six-month period and a 3.3% gain year-over-year across 100 closed sales. ALEX Intelligence analyzed the data to determine that homes are selling for 91.8% of their original list price, up from 86.9% in the previous window. While 86% of properties sold below their original asking price, the gap between list and sale prices has narrowed significantly compared to last year. Inventory remains a key factor, with 4.62 months of supply currently available. This level suggests a balanced market where buyers have options but sellers are not facing immediate pressure to drop prices drastically. The median home size also grew slightly to 2,486 square feet, indicating a trend toward larger properties in this segment. Days on market averaged 104 days, which is longer than the regional average of 65 days and up 33.3% compared to the same window last year. This shift suggests that while homes are taking time to sell, the pace has accelerated compared to earlier in the year. With mortgage rates at 7.18% according to Freddie Mac data from the week of November 5, 2026, affordability remains a central consideration for buyers navigating this market. The data reflects a steady recovery where price growth is outpacing inventory expansion, creating a stable environment for both buyers and sellers in The Colony. 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