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

Home Sales in the Tribute subdivision in The Colony, Texas have been brisk in 2013, with 50 homes sold. The homes sold were built between 2007 and 2013, and the average sales price for a home in the Tribute subdivision was $382,028. The lowest sale was at $277,340 and the highest sale was at $590,000.

The average size of a home in the Tribute subdivision is 3,411 sq. ft., with the smallest at 2,079 sq. ft. and the largest at 5,384 sq. ft. Homes in the Tribue subdivision sold, on average, in 123 days. The quickest sale took 1 days and the longest sale 506 days. The average price per square foot for a home in the Tribue subdivision is $113.15.

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 Tribute 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 Tribute 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 Tribute subdivision, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

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