Real Estate Market Conditions Wed, 06 Jul 2016 00:00:00 GMT Wed, 06 Jul 2016 00:00:00 GMT en-us December 2018 Katy Real Estate Market Conditions <p>The year came in with a strong close in the Katy real estate market!&nbsp; The average days on market for home sales is down to 72 and there are less homes on the market with only 625.&nbsp; Interest rates have shockingly decreased and buyers are starting the new year with a bang!&nbsp; The great news for these buyers, well, the median home price in Katy is down to $361,000.&nbsp;</p><p>If you would like to take advantage of the low interest rates, or would like to know more about the Katy area, please reach out today and a professional will contact you shortly!</p> Sun, 06 Jan 2019 00:00:00 GMT November 2018 Katy Real Estate Market Conditions <p>Cooler temperatures are here, but the market continues to be hot!&nbsp; There are currently 661 active homes on the market in Katy, which is a 4% decrease since last month.&nbsp; The average days on market has only increased by 3 days, which is great for the holiday season.&nbsp; The median sales price per square foot is up by $1 making it now $120/sf.&nbsp; If you would like to join the crowd and buy or sell your home, please give us a call!</p> Tue, 04 Dec 2018 00:00:00 GMT October 2018 Katy Real Estate Market Conditions <p>Fall is officially here and if you are a buyer, now is a great time to buy!&nbsp; You may be asking why, right?&nbsp; One of the reasons is that sellers are more serious if they list in the fall.&nbsp; Most sellers list in the spring and summer when buyers are looking to close so they can get settled before school, before the holidays, etc.&nbsp; Some even list because the market is "hot" and they figure they can get more money for their home that time of year, and they might.&nbsp; The housing market in Katy is always good, but it's even better in the spring and summer.&nbsp; Statistics are the same as last month, so it's a perfect example.&nbsp; Homes are sitting for about 67 days before going under contract and the median sales price has lowered by $5,000.&nbsp; Now is a perfect time to buy.&nbsp; Call us to find out how we can get you a deal!&nbsp; &nbsp;&nbsp;</p> Tue, 06 Nov 2018 00:00:00 GMT September 2018 Katy Real Estate Market Conditions <p>School is in session and all is still moving in Katy!&nbsp; While the average days on market increased by 10% since last month, the inventory has decreased by 6%.&nbsp; There are currently 788 active homes on the market in Katy.&nbsp; Buyers are still active and searching too!&nbsp; The median price per square foot has increased to $119.&nbsp; This is great for both buyers and sellers.&nbsp; I'm sure you are thinking, "How?"&nbsp; Well, sellers are getting top dollar for their homes upon selling, and buyers know they are buying into an area that keeps increasing in value.&nbsp; It's a win win!&nbsp; If you'd like to jump on board and be part of a growing community, give us a call!&nbsp;</p> Fri, 28 Sep 2018 00:00:00 GMT August 2018 Katy Real Estate Market Conditions <p>The Katy, TX housing market continues to hold strong. With school starting a lot of local buyers have settled into their new home. However, we still have a lot of out of town and state buyers relocating.&nbsp; Homes continue to sell for about $119/sf and with an average sales price $375,000. There are less homes for sale, dropping from 847 to 839. The average days on market sits at 55 days. If you, or someone you know, are looking to buy or sell, please reach out as we would be happy to help!</p> Tue, 04 Sep 2018 00:00:00 GMT