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Is The Colony in Bastrop getting cheaper per square foot as Perry Homes lists?

Quick answer

Over the twelve months ending October 15, 2026, homes in The Colony in Bastrop sold at a typical $180 per square foot, against $200 in the twelve months before. The three months ending the same day read as a buyer’s market for the subdivision overall, and a home at a different price point can sit in a different market. In my read, a seller here is pricing against the builders’ houses first, because Perry Homes, Terrata Homes and others list about half of what is for sale.

What we analyzed

Sources: Unlock MLS, pulled October 16, 2026.

Selling above $1M? Part of this market never goes online

The figures on this page describe the public side of this market, the sales that were listed in the MLS. Above $1M in the Austin area, a large share of sales are never listed there and never appear online.

Those sales trade on a broker-to-broker private network, and I am a participating broker. Only the agents and brokers who do most of the business at this price point use it, and a surprising number of agents do not know it exists because they do not sell in this range. It covers homes, lots, ranches and condos priced over $1M, and much of it is waterfront or in the Austin core, West Austin, Westlake and Rollingwood, where prices run past $1.5M.

Sellers and their brokers use it for privacy: no public photos or floor plans, and no showings to buyers who have not been qualified.

Contact me for off-market private luxury listings you will never see online

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118 Bastrop homeowners have trusted my real estate team to sell their home in the MLS, and that count doesn’t include a single buyer we’ve represented. Everything on this page comes from the same MLS record we used to price those homes. That includes 9 in The Colony.

Already have a rough idea of your price range? Skip down to see whether these numbers fit your home, or plug in your address for a closer look.

Every number on this page covers The Colony only. What the Bastrop market as a whole means for a seller is on Selling in Bastrop, TX? What buyers wait for while builders list new homes.

Last updated October 16, 2026. Sales data covers the 90 days ending October 15, 2026 and the twelve months ending the same day (Unlock MLS via MLS Grid); listing inventory as of October 16, 2026.

What did homes in The Colony sell for over the last three months?

Homes in The Colony closed at 92.4% of original asking over the last three months. Buyers hold the edge across the subdivision as a whole, though a home at a different price point can sit in a different market. Few homes closed at or above their original asking price.

Months of inventory points the other way. Supply in The Colony is 4.8 months, where the Austin metro has 6.0. Builders list about half of the homes for sale and most listings have cut, so I read the sale price against original asking first and treat months of inventory as the supporting number.

The typical sale took 101 days to reach a contract, and more than half of the sales took longer than 90 days.

Table 1. The Colony sales in each period. Each row stands on its own. Source: Unlock MLS.

PeriodSoldMedian sale priceMedian days on marketShare of original asking pricePrice per square foot
90 days ending October 15, 202644$457,450101 days92.4%$187
Same 90 days, 2025 (July 18, 2025 to October 15, 2025)31$409,30639 days94.0%$200
Twelve months ending October 15, 2026171$435,00095 days90.1%$180
Prior twelve months (October 16, 2024 to October 15, 2025)148$440,00074 days93.3%$200

The next table sets The Colony beside Bastrop as a whole for three months and for twelve, and Selling in Bastrop, TX? What buyers wait for while builders list new homes sets out what the town-wide picture means for a seller.

Table 2. The Colony beside Bastrop as a whole, 90 days and twelve months ending October 15, 2026. Source: Unlock MLS.

MeasureThe Colony, 90 daysBastrop, 90 daysThe Colony, twelve monthsBastrop, twelve months
Homes sold44154171635
Median sale price$457,450$371,250$435,000$370,000
Median days on market101 days71 days95 days88 days
Share of original asking price92.4%94.6%90.1%94.0%
Price per square foot (median)$187$194$180$191
What a square foot sold for in The Colony Median price per square foot of homes that sold, periods ending October 15, 2026. Bastrop shown for comparison. The Colony, 90 days $187 The Colony, twelve months $180 The Colony, prior twelve months $200 Bastrop, twelve months $191 Source: Unlock MLS, pulled October 16, 2026.
Figure 1. Median price per square foot of homes that sold: The Colony, 90 days $187; The Colony, twelve months $180; The Colony, prior twelve months $200; Bastrop, twelve months $191. Periods end October 15, 2026; the prior twelve months end one year earlier. Source: Unlock MLS, pulled October 16, 2026.

Are homes in The Colony selling for less than a year ago?

Over the year, a square foot in The Colony sold for less: a typical $180 in the latest twelve months, $200 in the twelve before.

The typical sale price moved less, $435,000 against $440,000, so the price of the space shows the change better.

Share of original asking fell too, from 93.3% in the twelve months before to 90.1% in the past twelve months.

The latest three months run higher on the median, $457,450 against $409,306 a year earlier. In my read that reflects the mix of homes, since new builds were most of the recent closings.

Price per square foot was $187 against $200 a year earlier.

More homes closed this season too, 44 against 31. How timing fits into this is on Should you sell your Bastrop home now, or wait with builders listing nearby?

How much of the homes for sale in The Colony come from builders?

Builders list about half of the homes for sale in The Colony, under six builder names. Perry Homes lists the most, followed by Terrata Homes. The table shows each builder by listing count.

Table 3. Builder listings in The Colony by builder name on the MLS record, as of October 16, 2026; 36 builder listings of 70 homes for sale. Source: Unlock MLS.

BuilderListingsAsking rangeMedian asking
Perry Homes11$399,900 to $799,900$550,900
Terrata Homes7$458,900 to $527,900$472,900
Scott Felder Homes6$409,990 to $506,990$478,490
Drees Custom Homes5$449,900 to $599,900$469,900
Ashton Woods4$323,181 to $449,815$403,485
Sitterle Homes3$530,000 to $699,000$559,000

About two in three homes for sale have been cut from where they started. Most of the builder listings have cut, and so have most of the resale listings.

Resale listings ask more than builder listings, a typical $544,700 against $489,900, and they have been up for much longer. Who lists where, builder by builder, is on Is a builder or your neighbor your Bastrop home’s real competition?

Which price ranges in The Colony are a buyer’s market?

No range reached 10 sales in the last three months. I read the ranges that follow over twelve months, and each reading belongs to its own range.

The $450,000 to $499,999 range carries the most homes for sale, and builders hold most of them. Over twelve months it reads as a buyer’s market.

The $500,000 to $549,999 range reads that way as well.

Lower down, the $300,000 to $349,999 range reads as a buyer’s market too, for that range.

So does the $350,000 to $399,999 range.

Only the $400,000 to $449,999 range reads balanced.

Do new builds or resales set the pace in The Colony?

New builds were about two thirds of the recent closings, and almost three quarters over the year. The newest homes, built in 2025 or later, are the largest group.

Builds from 2015 to 2024 come next, and none of the recent closings was built before 2000.

Resales took a median 156 days to reach a contract, and new builds 71.

Both closed at about the same share of original asking, 92.5% for resales and 92.3% for new builds, so in my read the cost to a resale seller here shows up in waiting time.

Does the picture for The Colony fit your home?

The Colony has read as a buyer’s market over three months and over twelve. Whether that describes your home depends on its range and its age. If that is you, the fastest way to know is to run your address.

Your situation

These figures cover the subdivision, and your house would be one more sale in the record. Builders such as Perry Homes and Terrata Homes list about half of what is for sale, so the comparison your buyer makes is often with a new house.

The question for a first conversation: at the price you have in mind, what makes yours the better choice when a buyer sets it beside one of those houses?

Before You Put Your Home on the Market, See the Homes You’ll Have to Beat

If you worry that a buyer will choose a builder’s house over yours, start by seeing which homes in The Colony a buyer would set beside yours. Request my complimentary Home Competitor Analysis for your address. You get:

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No obligation. The report for The Colony arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome. 118 homes sold by Watters International Realty in Bastrop (Unlock MLS, all time).

About Watters International Realty in Bastrop

Watters International Realty is a Texas real estate brokerage, and I am its broker of record. This page is based on Unlock MLS data analyzed on October 16, 2026. 118 homes sold by Watters International Realty in Bastrop (Unlock MLS, all time).

See the homes you’d be competing against

You get the homes in The Colony a buyer would compare yours with, how fast homes near your price have sold, and a walkthrough before any pricing talk.

Contact me for off-market private luxury listings you will never see online.

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No obligation. The report arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome.

More for Bastrop sellers

Chris Watters, Broker, Watters International Realty. Texas Real Estate Commission license #567369. Broker of record for a Texas brokerage serving the Austin, Dallas-Fort Worth, San Antonio and Killeen-Temple-Waco metros.