The Colony: Is the Market Balanced or Leaning Buyers?

Is the current housing landscape in The Colony favoring buyers or sellers? With 4.56 months of inventory calculated from 100 closed sales over the last six months, the market has settled into a balanced state. This figure represents the time it would take to sell all current active listings at the current sales pace, placing the area squarely between a buyer's and seller's market classification. ALEX Intelligence analyzed the supply gap by dividing the 76 active homes on the market by the average monthly closings of roughly 17 homes. A reading near five months typically indicates equilibrium, where neither side holds a distinct advantage. This balance is supported by median closing prices rising 7.3% to $429,995 compared to the prior six-month period, while days on market have decreased slightly to 104 days. The data suggests that while inventory remains tight enough to prevent a buyer's market crash, the extended time for homes to sell indicates buyers still possess negotiation leverage. The median price per square foot rose 1.2% to $176.76, reflecting steady demand despite the longer selling timeline. This equilibrium allows both parties to transact without extreme pressure on either side of the table. 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