Home Sales Trends in 2013 for the Ridgepointe subdivision – The Colony, Texas

Home Sales in the Ridgepointe subdivision in The Colony, Texas have been brisk in 2013, with 28 homes sold. The homes sold were built between 1994 and 2001, and the average sales price for a home in the Ridgepointe subdivision was $186,045. The lowest sale was at $119,799 and the highest sale was at $293,000.

The average size of a home in the Ridgepointe subdivision is 2,204 sq. ft., with the smallest at 1,555 sq. ft. and the largest at 3,380 sq. ft. Homes in the Garza Lake subdivision sold, on average, in 27 days. The quickest sale took 1 day and the longest sale 185 days. The average price per square foot for a home in the Ridgepointe subdivision is $82.91.

Overall home sales in The Colony, Texas are at 629 homes sold, with an average sales price of $157,506. On average, sellers received 98% of their asking price, with homes spending an average of 25 days on the market.

The Ridgepointe subdivision is located in The Colony, Texas. The Colony has a population of 36,328 people. The Colony is roughly 14 square miles in size and has over 23 miles of shoreline along Lake Lewisville, which is the basis for the city nickname, “City by the Lake”. The Colony is located in Denton county on the far northwest side of Dallas. The Colony is known as area 9 in the North Texas Real Estate Information System. This information this report is believed reliable, but is only as accurate as reported by the system in the month of December 2013.

DFW Team Realty is your local expert specializing in home sales in the Ridgepointe subdivision, as well as home foreclosures and short sales in the Stewart Peninsula subdivision. If you are looking to buy or sell a home in the Ridgepointe subdivision, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

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