November 6, 2018

October 2018 Katy Real Estate Market Conditions

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Fall is officially here and if you are a buyer, now is a great time to buy!  You may be asking why, right?  One of the reasons is that sellers are more serious if they list in the fall.  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.  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.  The housing market in Katy is always good, but it's even better in the spring and summer.  Statistics are the same as last month, so it's a perfect example.  Homes are sitting for about 67 days before going under contract and the median sales price has lowered by $5,000.  Now is a perfect time to buy.  Call us to find out how we can get you a deal!    

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