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

Home sales in the Ridgepointe subdivision in The Colony, Texas have been brisk in 2012, with 18 homes sold. The homes sold were built between the years of 1994 and 2002, and the average sales price for a home in the Ridgepointe subdivision was $173,967. The lowest sale was at $125,000 and the highest sale was at $211,500. The average size of a home in the Ridgepointe subdivision is 2,199 sq. ft., with the smallest at 1,633 sq. ft. and the largest at 3,307sq. ft. Homes in the Ridgepointe subdivision sold, on average, in 72 days. The quickest sale took 8 days and the longest sale 266 days. The average price per square foot for a home in the Ridgepointe subdivision is $81.

The Ridgepointe subdivision is located in The Colony, Texas, a city of 36,328 people founded in 1969. 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 Texas on the far northwest side of Dallas.

Overall home sales in The Colony, Texas are at 395 homes sold, with an average sales price of $147,402. On average, sellers received 95% of their asking price, with homes spending an average of 68 days on the market. The Colony is known as area 9 in the North Texas Real Estate Information System. This information is believed reliable but is only as accurate as reported by the system in the month of September 2012.

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 Ridgepointe subdivision. If you are looking to buy or sell a home in the Ridgepointe subdivision, contact DFW Team Realty.

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