The housing market in Colleyville, TX is still holding steady with homes being sold everyday (literally!).
A look at the current housing market sales data is as follows:
6 homes currently under contract with a contingency - meaning the buyer has to sell their home before they can complete the purchase for their new home
4 homes in Option Period (inspection period)
25 homes currently Pending Closing
36 homes sold in July 2010 and 181 homes sold in the last 6 months
The average home in Colleyville, TX sold in July 2010, was on the market for 123 days and sold for $128.86 per square foot.
Over the last 6 months, Colleyville averages selling one house EVERYDAY!
Based on this current sales data, there is currently a 10 month supply of homes on the market in Colleyville, Texas.
If you're like most homeowners, you want to stay on top of your home's current value. A cool tool we have on http://GeorgeNoonan.com is called the MLS Market Snapshot. This will give you specific sales data for your neighborhood (including solds) and show all the activity for homes comparable to yours.
We're always here to help with questions on the housing market in Colleyville, TX!