Want to know the list price and inventory trends of homes for sale in The Colony? Then check out these charts!
THE COLONY 55+ SENIOR HOME PRICE TRENDS
The Average List Price chart shows the average list price trends of The Colony 55+ Senior Community Homes. (List prices are the amount that sellers are asking for the home.) The chart shows list prices over the past 36 months. The blue LIST line shows the month-to-month fluctuations in list prices. The red TREND line smooths the month-to-month fluctuations using a 12-month moving average. The TREND line makes it easier to determine the overall housing market’s price trend.
THE COLONY 55+ SENIOR HOME INVENTORY
The Inventory chart shows the trend of The Colony 55+ Senior Home Inventory. Inventory is the number of homes currently listed for sale. When the number of homes listed for sale rises, it puts downward pressure on home prices because of increased supply. In contrast, when the number of homes listed for sale falls, it puts upward pressure on prices due to a smaller supply. The blue ACTIVE line shows the month-to-month fluctuations in home inventory. The red TREND line smooths the month-to-month fluctuations using a 9 month moving average. The TREND line makes it easier to determine the overall inventory trend.
Data courtesy of the California Regional MLS (Multiple Listing Service). The information provided is deemed reliable, but is not guaranteed, and is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.