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

Home sales in The Tribute subdivision in The Colony, Texas have been brisk in 2012, with 27 homes sold. The homes sold were built between the years of 2007 and 2012, and the average sales price for a home in The Tribute subdivision was $371,764. The lowest sale was at $288,000 and the highest sale was at $540,649. The average size of a home in the The Tribute subdivision is 3,633 sq. ft., with the smallest at 2,734 sq. ft. and the largest at 5,472 sq. ft. Homes in The Tribute subdivision sold, on average, in 126 days. The quickest sale took 1 day and the longest sale 541 days. The average price per square foot for a home in The Tribute subdivision is $103.32.

The Tribute 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 Tribute subdivision, as well as Home Foreclosures, and Short Sales in The Tribute subdivision. If you are looking to buy or sell a home in The Tribute subdivision, contact DFW Team Realty.

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