By Mark Hewitt · Hewitt Group at Real Broker, LLC · Data: NTREIS / ShowingTime Plus, current as of April 8, 2026
There are very few cities in the entire Dallas-Fort Worth Metroplex that carry the kind of consistent, sustained desirability that Colleyville does. Sandwiched between Grapevine and Southlake along the mid-cities corridor, Colleyville has built a reputation over decades as a place where the lots are generous, the schools are exceptional, the streets are quiet, and the neighbors tend to stay for a long time. Turnover is relatively low by design — people who get into Colleyville generally do not leave unless life circumstances demand it. That dynamic creates a market that operates differently than most, and it makes interpreting the latest regional data from the North Texas Real Estate Information Systems (NTREIS) all the more important for anyone considering a move into or out of zip code 76034, which covers the vast majority of Colleyville's residential real estate. The March 2026 numbers tell a story of regional softening, improving buyer conditions, and a market environment that rewards preparation, pricing discipline, and genuine local expertise more than it has in several years.
The regional median sales price in March 2026 came in at $360,000, a 4.0% decrease from $375,000 in March 2025. Year-to-date, the median across North Texas sits at $355,900, down 3.8% from the same period last year. It would be misleading to suggest that these numbers directly reflect what is happening on the ground in Colleyville, where the median price point runs significantly higher than the regional figure — custom homes on acre-plus lots in established neighborhoods like Montclair Parc, Stone Bridge Estates, or the corridors off Cheek-Sparger Road regularly trade well above the North Texas median. But directional data is directional data, and a 4.0% regional price decline signals something important: buyer psychology has shifted. The urgency that defined 2021 and 2022 has evaporated. Buyers at every price point, including the move-up and luxury buyers who are the lifeblood of the Colleyville market, are approaching transactions with more deliberation, more negotiating confidence, and more willingness to walk away from a home that is not priced to reflect current reality. Sellers in 76034 who ignore this shift do so at considerable financial cost.
The days-on-market data reinforces this new buyer posture. Homes across North Texas averaged 71 days on the market in March 2026, a 6.0% increase from 67 days in March 2025. Year-to-date, that figure extends to 75 days. In Colleyville, where the buyer pool is inherently smaller due to the higher price points — and where the right buyer for a specific home on a specific street may need time to relocate from another city, liquidate another asset, or simply find the right fit among a limited inventory — days on market has always run longer than the regional average. What the current data adds to that context is this: buyers are no longer apologizing for taking their time. They are requesting second and third showings. They are having thorough inspections and negotiating repair credits or price reductions based on findings. They are asking for closing cost contributions that would have been laughed out of the room in 2022. Sellers who understand this shift and work with an agent who can help them respond strategically — rather than emotionally — are the ones who are closing successfully in today's Colleyville market.
Affordability at the regional level improved meaningfully in March 2026, with the Housing Affordability Index reaching 98, up 6.5% from 92 in March 2025. The year-to-date reading of 99 is the closest the index has come to 100 — the threshold at which a median-income household can exactly afford a median-priced home — in recent years. For Colleyville specifically, regional affordability improvement matters in an indirect but important way. When more buyers across North Texas can afford to participate in the market, the entire ecosystem becomes more liquid. Move-up buyers in Keller, Southlake, and North Richland Hills who sell their current homes into an improved affordability environment are then freed up to pursue Colleyville. Corporate relocation packages targeting DFW — often landing executives and senior professionals who are natural fits for the Colleyville lifestyle and the Grapevine-Colleyville ISD school system — tend to flow more freely when the broader market is functioning well. Colleyville's buyer pool, in other words, benefits when affordability improves across the Metroplex even if the city itself operates at a price point above the regional median.
Inventory across North Texas totaled 44,398 homes in March 2026, down 2.8% from 45,697 in March 2025, with months supply at 4.5 compared to 4.8 a year ago. In Colleyville, inventory has always been the defining constraint. The city covers roughly 13 square miles and is almost entirely built out, with very limited opportunity for new construction outside of the occasional teardown or custom infill project. The number of homes available in 76034 at any given time is inherently small, which means that when a well-positioned home comes to market — right street, right condition, right price — the right buyer tends to appear. The challenge is that "right price" in March 2026 means something different than it did in March 2024 or March 2023. Sellers who are calibrated to where the market actually is, rather than where it was at its peak, are the ones generating serious buyer interest. Those who are not are watching their listings accumulate days on market in a city where a long-sitting listing raises questions that are difficult to answer once the stigma sets in.
North Texas recorded 10,062 closed sales in March 2026, a 2.5% increase over the 9,817 recorded in March 2025, confirming that the broader market is transacting at a healthy pace. Pending sales were nearly flat at 11,197 compared to 11,206 a year ago, and new listings dipped 2.4% to 18,567. These are steady, functional market numbers — not the euphoric volume of the pandemic boom years, but not the paralysis of a market in distress either. The year-to-date closed sales figure of 24,225 runs 2.2% below the same period in 2025, suggesting the early part of the year was quieter before March activity picked up. For Colleyville sellers who have been waiting for the right moment, the strengthening March transaction volume is an encouraging sign that serious, qualified buyers are actively engaging with the market heading into the traditionally stronger spring and early summer season.
The list price received metric rounds out the picture in a way that every Colleyville seller should internalize. Across North Texas, sellers received 94.2% of their original list price in March 2026, compared to 94.8% in March 2025. At Colleyville's price points — where homes routinely list between $700,000 and well over $1,000,000 — that 0.6% gap translates into $4,200 to $6,000 or more in real dollars, and that is before accounting for price reductions that overpriced homes accumulate before eventually selling. The sellers achieving 94% or better of list price in 76034 right now share a common thread: they priced based on a rigorous analysis of recent comparable sales, they presented their homes in excellent condition, and they worked with an agent who marketed aggressively to the relocation buyers, corporate transferees, and lifestyle-driven move-up buyers who represent the core of Colleyville's demand. Everything else — the wishful thinking, the anchoring to 2022 peak values, the reluctance to negotiate — is costing sellers money in this market.
Colleyville is not a market for generalists. The price points are too high, the buyer pool is too specific, the inventory is too limited, and the stakes are too significant to trust to someone who is learning the market on your transaction. Every home in 76034 has a story, and telling that story effectively — to the right buyers, through the right channels, at the right price — requires the kind of deep familiarity with this community that only comes from years of working it consistently.
Mark Hewitt and the Hewitt Group at Real Broker, LLC bring that familiarity to every Colleyville engagement. Whether you are a buyer trying to navigate limited inventory in 76034, a seller determining the right strategy for your home in today's recalibrated market, or someone simply trying to understand what your Colleyville property is worth in March 2026 terms, the Hewitt Group is ready to provide clear, honest, data-driven guidance. Contact us today and let's talk about what this market means for you.
