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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Katy, Texas

Reported by Go Hurley Group, REALTOR

Updated November 18, 2008.

Current Market Rating: 4




1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 4




1
2
3
4
5
Falling

Rising

Housing prices in Katy remain strong upholding the sellers market. Although as homes are sold many new options available each month from the ongoing construction in the area. If you are searching for a home in Katy call our office at 281 340 4185. We are a team of real estate specialists each member owning a part of the Real Estate Transaction. Short Sale Specialists, Investment Property Specialists, Buyer Specialists and listing specialists provide a unique focus for each of our clients.
At the conclusion of October the year to year comparison saw steady growth of average and median prices. The volume of homes sold was down 7 percent compared to 2007.
Inventory of homes was up 15 percent compared to 2007. The pace of new listings is continuing to slow with the market and the 17th consecutive month of this trend. This is a positive sign the the shifting market has not caused the Houston market to become saturated.

The 2007 Chairman of the Houston Association of Realtors, Rob Cook, was encouraged by the ongoing increase in average and median home prices demonstrating the staying power of the Houston real estate market. He explained that during this period of sub prime lending difficulties Houston still maintains a sound investment.

These statistics were compiled from the Houston Association of REALTORS® data. This data is reflective of homes which were listed on the MLS; private sales are not included. Information was obtained from sources deemed reliable but not guaranteed. This information should not be used to determine the value of any property. Photos are for illustration purposes only and do not necessarily represent current or past listings.

ZIP Codes: 77449, 77450, 77491, 77492, 77493, 77494

Location Characteristics: Life in Katy offers an escape from the hustle of Houston, the 4th largest city in the United Sates. The city of Katy offers the feeling of a small town with the sophistication of suburbia. The housing market in Katy ranges from apartments and condominiums to large estate homes with acreage home sites. Many homes are situated to maintain horses - and others with championship golf courses as their backyard. Subdivisions fitted with tennis courts, swimming pools, and endless activities for their residents. Master planned communities feature areas of shopping centers, spacious plazas, and every convenience engages and enhances community living. Katy leads the way to future growth in an exciting and efficient style. The neighborhoods of Katy offer an array of styles and stages of housing. Katy has so much more to offer in its many places of worship, clubs and organizations, restaurants, shopping and the fames Katy Mills Mall all to fit one's preference for a complete life style.

For More Information:

View Market Conditions of other areas served by Go Hurley Group

Navigate: Top > Texas > Katy

About Go Hurley Group:
The Go Hurley Group is a Team of real estate specialists; buyers agents, sellers agents, marketing staff, transaction coordinators and executive leadership provide more than any agent alone can provide. Each of the team members is an intricate part of the successful real estate transaction. Personalized buyer specialists, closing staff, listing agents, listing marketing specialists and the leadership of one of Houston's most innovative Realtors. Clients of the Go Hurley Group enjoy the benefit of working within the structure of a team environment meaning more attention to each detail.
Call us today 281 340 4185


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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