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Katy Texas Real Estate Market January 2017

Katy home sales fell 10 percent year-over-year in January as the mean reversion continued to take shape in the Houston area real estate market. Houston as a whole saw home sales volume that was up about 1 percent. Sales of new construction declined in January, falling 5 percent within Katy ISD and down 4 percent in Houston. Single-family home prices …

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Katy Texas Real Estate Market December 2016

Katy Texas real estate finished out 2016 much like it started, with sales volume stagnating amid diminished affordability and increasing inventory. Home sales within Katy ISD declined seven percent during December while Houston area home sales rose about 3 percent. New home closings within Katy ISD were down 28 percent compared to December of 2015 while new home sales fell …

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Katy Texas Real Estate Market October 2016

It was another rough month for the Katy Texas real estate market. Sales were flat during the month of October, but area home prices were not so fortunate. Home sales volume was flat within Katy ISD and for the Houston area as a whole during the month. New home sales volume did fare better in Houston, rising 9 percent, compared …

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Katy Texas Real Estate Market September 2016

Home sales slowed throughout the Houston area in September, and the Katy Texas housing market was particularly soft during the month. While Houston homes sales volume declined  2 percent compared to last year, Katy saw a 7 percent year-over-year decline in sales volume. Closings of new construction in Katy dropped 28 percent compared to September of last year. On top …

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Katy Texas Real Estate Market August 2016

Katy Texas real estate saw a nice bump to end the summer selling season as single-family home sales in the Katy area rose 12 percent compared to August of last year. Record low mortgage rates and higher inventory levels helped to lure more buyers off the fence in August. The Houston area as a whole saw sales rise by 6 …

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Katy Texas Real Estate Market July 2016

The Katy Texas real estate market received a wake-up call in July as the brisk sales during the start of the summer selling season collapsed back to the overlying trend for the year. That trend has been a continued stagnation of sales with deflating prices. After the nice bump in activity we experienced during May and June, July home sales …

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Katy Texas Real Estate Market June 2016

The Katy real estate market experienced healthy sales volume during the month of June as Katy area home sales fared slightly better than Houston as a whole. Katy saw sales volume increase by roughly 6 percent compared to June of last year while Houston area sales of single-family homes decreased by 2 percent. New home sales were also strong during …

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Katy Texas Real Estate Market May 2016

The local real estate market was active in May, as home sales rose throughout the Houston area. Sales volume of single family homes in Houston rose by 8 percent compared to last year, while Katy saw sales increase by thirteen percent. Fort Bend County saw sales volume increase roughly 5 percent YoY. New construction sales also saw improved in May …

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Katy Texas Real Estate Market April 2016

The Katy real estate market remained tempered in April. Sales of single-family homes declined by roughly 5 percent year-over-year in April, while home sales in the general Houston area saw a one percent drop. Sales of new homes continued to show weakness in April, as sales of new construction in Houston declined by almost 6 percent. The softness in new …

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Katy Texas Real Estate Market March 2016

Katy Texas home sales continued to stagnate during the month of March, and the numbers from the first quarter of 2016 point to a market that has run out of steam in terms of prices. Sales volume within Katy ISD declined by roughly 7 percent compared to the same month last year. Houston as a whole saw sales volume roughly …